Knight Seeks Financing After $440 Million Trading Loss

Reuters: Top News, Reuters
Thu, 08/02/2012 - 5:46am

NEW YORK (Reuters) - Trading firm Knight Capital is being forced to raise money after an erroneous trading position wiped out $440 million of the firm's capital, Knight said in a statement on Thursday.

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Topics: doh! financial industry financial institution knight capital stocks trading firm

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Knight Seeks Financing After $440 Million Trading Loss

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