NEW YORK (Reuters) - Trading firm Knight Capital is being forced to raise money after an erroneous trading position wiped out $440 million of the firm's capital, Knight said in a statement on Thursday.
Reuters: Top News, Reuters
Thu, 08/02/2012 - 5:46am
NEW YORK (Reuters) - Trading firm Knight Capital is being forced to raise money after an erroneous trading position wiped out $440 million of the firm's capital, Knight said in a statement on Thursday.