UPDATE: CNBC's Kelly Says Goldman (GS) Took Other Side of Large Knight Capital (KCG) Trade
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(Updated - August 3, 2012 1:21 PM EDT)
CNBC's Kate Kelly says Goldman Sachs (NYSE: GS) took the other side of Knight Capital's (NYSE: KCG) erroneous trade. Kelly said Knight is working with Goldman on future steps regarding the trade.
Knight still has to pay Goldman to settle the $440 million and that will need to be done by Monday night (08/06/2012).
Knight is largely unchanged following the headlines, with maybe a slight tick higher.
CNBC's Kate Kelly says Goldman Sachs (NYSE: GS) took the other side of Knight Capital's (NYSE: KCG) erroneous trade. Kelly said Knight is working with Goldman on future steps regarding the trade.
Knight still has to pay Goldman to settle the $440 million and that will need to be done by Monday night (08/06/2012).
Knight is largely unchanged following the headlines, with maybe a slight tick higher.
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