High Frequency Trading Firm Getco Reported Earnings For The First Time, And It Was A Massacre

Nanex High Frequency Trading

According to Business Insider’s Linette Lopez,

Getco, the high frequency trading firm that bought Knight Capital last year, reported earnings for the first time yesterday, and it was total carnage. The company’s profits were down 82% from this time last year because the market lacked the high volume and volatility high frequency traders feed off of, according to Bloomberg:

Read more…

About these ads
This entry was posted in Articles, Business, Finance, High Frequency Trading, high-frequency journalism, Insider Trading, knight capital, U.S. Economy, World Economy, World Exchanges and tagged , , , . Bookmark the permalink.

One Response to High Frequency Trading Firm Getco Reported Earnings For The First Time, And It Was A Massacre

  1. Pingback: High Frequency Trading Firm Getco Reported Earnings For The First Time, And It Was A Massacre

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s