Knight's futures brokerage to live on after Getco takeover

03/12/2013 | Wall Street Journal, The

Knight Capital Group says it will retain its futures-brokerage business after Getco's acquisition of the firm. Knight CEO Thomas Joyce said in a letter online that the maneuver is "an important part of our initiative." The National Futures Association said Knight's unit was among the top 35 U.S.-based futures brokerages.

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