Knight Consolidates Broker Dealers

Sheahan, Matthew
January 2011
High Yield Report;1/10/2011, Vol. 22 Issue 2, p12
The article reports on the consolidation of the U.S. broker-dealer subsidiaries of Knight Capital Group into two groups in January 2010. Correspondingly, Knight Capital Markets and Knight Libertas have merged into Knight Equity Markets, which is renamed Knight Capital Americas. Whereas, Knight BondPoint and Knight Direct have consolidated into Knight Clearing Services, which is renamed Knight Execution and Clearing Services. Also cited is the completion of the acquisition of designated market maker and lead market maker units of Kellogg Capital Markets.


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