Knight's armour loses its shine

As Knight Capital comes to terms with massive losses due to its software glitch, market participants are worried the failure will damage already fragile investor confidence.

Financial markets have been given a chilling reminder of the flimsy nature of their underpinnings, with US broker, Knight Capital battling to survive after a computer glitch last week left the broking firm saddled with $440 million in losses.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles