Knight Capital and Getco Complete Transformation to KCG

Albert Maasland, head of execution services and platforms at KCG. The merger of Knight and Getco creates a giant in securities trading.

Knight and Getco first announced the merger on December 19, 2012, following a competitive bid process that saw the Chicago-based market maker see out rival Virtu Financial to buy the beleaguered broker. Knight, of course, had recently been rescued by an industry consortium after a technology glitch caused massive losses over the course of an hour's trading, to the tune of hundreds of millions of dollars.

The Knightmare, as it has come to be known in industry parlance, has been synonymous with

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here