HFA Icon

Knight Capital Pressures Nasdaq Over Facebook Debacle

HFA Padded
HFA Staff
Published on
Updated on
Sign up for our E-mail List and Get FREE Access to Exclusive Investment E-books and More!

Knight Capital Pressures Nasdaq Over Facebook Debacle

After our report yesterday about Knight Capital Group Inc. (NYSE:KCG)  considering legal recourse to recover its losses on the botched Facebook IPO from Nasdaq, we have more comments from Knight Capital chief Thomas Joyce, who has gained somewhat of a reputation for being the leading critic of the hapless exchange.

Though there may be some background here. Joyce and Nasdaq chief Robert Greifeld were once directors on each other’s boards but have stepped down long since. Knight was previously listed on the Nasdaq, but Joyce moved its listing to rival NYSE Euronext (NYSE:NYX) when Greifield tried to control dark pools some...

Login required to continue reading.

Setup a free account to get access to this article (no credit card required).

View Full Article
Already a member? Log in here
HFA Padded

The post above is drafted by the collaboration of the Hedge Fund Alpha Team.