Tom Joyce | Mahony Partners

Knight Grabs Market Share – and its Narrative

After being silent for most of the week, Knight Capital Group CEO Tom Joyce spoke to the Wall Street Journal today. He emphasized the firm’s rebound in business activity since a trading glitch stung the firm with a $440 million loss. The interview will help shift the focus toward Knight’s future, not its painful recent […]

Knight Capital Goes Quiet

Crisis , Financial Services

After its skillful communication the day following an embarrassing trading debacle, Knight Capital Group has gone quiet. That’s odd, because the firm seems to have stabilized itself, with news reports saying it secured fresh financing and dealers resumed routing trade orders to the firm. But without more communication from Knight, speculation about its future is […]