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I'd sure hate to be the guy who lost $460M lol "Knight Capital Group realized a $460 million loss in 45-minutes."
by champagnepapi 7y ago
I'd sure hate to be the guy who lost $460M lol
"Knight Capital Group realized a $460 million loss in 45-minutes."
- jandrese 7y agoEh, that kind of money is more or less pocket change to a Capital Group.
- mreome 7y agoFor some of the biggest capital groups maybe, but that loss actually destroyed Knight Capital Group: https://en.m.wikipedia.org/wiki/Knight_Capital_Group#2012_stock_trading_disruption https://en.m.wikipedia.org/wiki/Knight_Capital_Group#2012_st...
- jandrese 7y agoWhich means they were something of a penny-ante company by the standards of the street.