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Knight Blowup Shows How High-Speed Traders Outrace Rules

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Linked by Bloomberg ( track newsfeed | ignore newsfeed ) - August 06, 06:36PM from (www.bloomberg.com)

By the Editors 2012-08-06T22:30:56Z


The U.S. has the most sophisticated financial markets in the world, yet they can unaccountably spin out of control at a moment’s notice.
The latest case involves Knight Capital Group Inc. (KCG), a securities-trading company in Jersey City, New Jersey, that was l...


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