FinTech
Knight Capital 'has 48 hours' to save itself after IT glitch causes $440m loss
Many of the company's biggest customers, including TD Ameritrade, the largest US retail brokerage by trading volume, and fund giants Vanguard and Fidelity Investments, stopped routing orders through Knight. One of the biggest fears is that the company will collapse, landing trading clients and creditors with losses. "They have about…
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Click here to read the full story: The Telegraph