Wondering why something appears very off in the market? Blame Knight Capital ... Again. Is second time the charm to finally take out the competition? KCG stock crashing.
Self-help?
Dear Clients:
Due to a building emergency (power issues), Knight Capital Americas is asking you to seek an alternate destination for the order handling and execution of your OTC, Options and Listed orders until further notice.
All computer interfaces with Knight will be shutdown with no new orders, both by phone or electronic, being accepted at this time.
Please continue to e-mail Help@Knight.com [7] with any questions.
Thanks
Tonya Walker, Managing Director
The brokers are already on it:
Dear Valued Client,
As per Knight’s request below, please route away from Knight. If a client routes an order to Knight, the order will be rejected by our system. Information on existing orders will still flow back from Knight.
If you have any questions or concerns, please feel free to contact us.
Regards,
InstaQuote |Bank of America Merrill Lynch