The investment is expected to help expand business in the US and other asset classes.
In a $1.4 billion deal, the two HFT firms will merge into a market-making and agency execution company.
Bloomberg terminal users will have direct trading access to KCG's electronic fixed-income trading venue.
The Hong Kong office will support Smartkarma's expansion in the region.
Sonny Baillargeon has nearly 20 years of experience in finance.
Baillargeon has spent almost 20 years in trading and technology roles on the buy side and sell side.
Agency broker to be renamed KCG Neonet and continue under current CEO Tim Wildenberg.
Acquisition of Swedish agency broker to expand KCG’s European footprint and execution services portfolio.
Move marks the second new firm to join the DMM space this year.
Charles River clients to begin using BondPoint throughout 2015
Firms target on-the-run US treasuries
Sefcon V looks at the impact technology has had on SEFs
KCG Holdings has debuted a dark crossing venue for foreign exchange (FX), HotSpot QT.
KCG Holdings, formed from the merger of Knight Capital and Getco, will sell its futures commission merchant (FCM) business to Wedbush Securities, the company has confirmed.
Executives from Morgan Stanley, TD Ameritrade, KCG Holdings and Goldman Sachs join the 20-member board of the Depository Trust & Clearing Corporation
At a recent Tabb Group conference on fixed income, a panel measured the electronic future of corporate bonds.
Denver, Colorado-based CQG today announced the addition of foreign exchange (FX) trade execution to its services through integration with KCG Hotspot, the New Jersey-based electronic communication network (ECN) for foreign exchange.
A little high concept with your high technology.
With the completion of the merger between high-frequency trading (HFT) specialist Getco and broker-dealer Knight Capital, KCG was launched as a single entity on July 2, 2013, creating a securities firm of considerable size and scale in the US and global…