Knight Capital's market-making desk has suffered a significant blow following the company's disclosure that it would lose $440 million and was facing liquidity concerns.
Business Insider analyzed Knight's share of trading as reported through Bloomberg over the past week.
What we found: Knight's share of executed trades has plummeted across the board.
The firm, which often ranks as one of the top brokerages executing — neck and neck with UBS, Merrill Lynch, and Citadel — ranks as the 15th largest market maker through early-afternoon trade.
In the subsequent charts, we show Knight's trading share of several key stocks and ETFs.
Market share of trading in Apple has fallen to 1.44%
Market share of trading in SPY (the S&P 500 ETF) has fallen to 4.82%
Market share of trading in Google has fallen to 0.08%
See the rest of the story at Business Insider
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Source: http://feedproxy.google.com/~r/TheMoneyGame/~3/BfBfPSLxyq0/knight-capital-trading-share-2012-8
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