Founded in 1995, Knight Capital Group grew to become one of the largest market makers in U.S. equities, handling a significant volume of the daily trading on the NYSE and NASDAQ. The company provided liquidity and trade execution services to a vast client base of broker-dealers, institutional investors, and corporations. Its business was heavily technology-driven, relying on high-frequency trading algorithms. The firm is famously remembered for a 2012 trading software glitch that resulted in a pre-tax loss of approximately $440 million, leading to its subsequent acquisition and rebranding.

Founded in

Australia