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Friday, August 03, 2012 1:48:59 AM
sub penny markets they like so much to train their new kids on.
The facts are the general public has been pulling capital out of the markets since the flash crash in the billions of dollar range. The general pubic looks at wall street not as a place to invest in firms for long term gains and security of equity. But more of a place to gamble some extra cash. While I do not agree with that attitude it is there.
What KCG did was add another layer of distrust in the markets and they should be removed out of the business for that simple fact.
That distrust will cost firms in the long run and you and I also.
Shame on them.. good night Knight it was fun.
Pilot
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