SNAPSHOT: How GETCO, Knight Line Up

Traders Magazine Online News, December 19, 2012

Tom Steinert-Threlkeld

A first look at how GETCO and Knight stack up against and with each other, as they head into a merger of their global market making activities.

The Combined GETCO-Knight Capital

Chief Executive Officer: Daniel Coleman

Chief Financial Officer: Steven Bisgay

Executive Chairman, Board of Directors: Thomas Joyce

GETCO 

BUSINESS: High-speed algorithmic trading, market making

MARKETS: Equities, equity options, commodities, foreign exchange

REGIONS: North America, South America, Europe, Asia

VENUES: CME, EUREX, NYSE Arca Options, BATS, Nasdaq, Nasdaq Options, Chi-X, BrokerTec, eSpeed

FOUNDED: 1999

EMPLOYEES: 400

OFFICES: New York, Chicago, London, Singapore 

KNIGHT CAPITAL

MARKET CAPITALIZATION: $605.7 billion

BUSINESS: Electronic trading, market making

MARKETS: Equities, fixed income, foreign exchange, futures, options

VOLUMES:

* U.S. equities: $20.6 billion (November)

* 128,000 shares a second, 19,000 equities traded

* Foreign exchange: $21.6 billion (November) 

REVENUES: $448.4 million, first nine months 2012

NET LOSS: $353.5 million, same

EMPLOYEES: 1,545

HEADQUARTERS: Jersey City, N.J.

SOURCES: GETCO, Knight Capital

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