The speed with which this company has imploded boggles the mind.
- Tuesday evening Knight installs new software to conform with a New NYSE Retail Trading Program
- Wednesday morning betwen 9:30 – 10:00 am EST a bug burns through 5 billion in trades losing $440 million
- Thursday Knight Capital (KCG) CEO goes on Bloomberg to talk about nothing
- Thursday KCG loses 60% of it’s market cap
- Thursday Citadel is being referenced as a possible buyer