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Sunday, August 12, 2012 11:32:48 PM
Knight Consolidates U.S. Broker-Dealer Subsidiaries
JERSEY CITY, N.J., July 2, 2012 /PRNewswire/ -- Knight Capital Group, Inc. (NYSE Euronext: KCG) today announced the consolidation of its U.S. broker-dealer subsidiaries into one entity, effective June 30, 2012.
U.S. broker-dealer subsidiary Knight Capital Americas, L.P. was merged into Knight Execution & Clearing Services LLC (KECS) with KECS as the surviving entity. KECS was then immediately renamed Knight Capital Americas LLC and remains an indirect, wholly-owned subsidiary of Knight Capital Group, Inc.
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