Knight Consolidates Electronic Trading

The broker-dealer has ongoing projects in place to grow its electronic and voice brokerage services, build new liquidity pools across different asset classes and enter new geographic areas, according to Thomas Joyce, CEO and chairman of Knight Capital.

"We are positioning the firm to thrive during any market environment by balancing the [revenue] contributions across clients, order flow, products and services, asset classes and geographies," says Joyce, who spoke during a recent earnings call.

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TMX’s indexing pivot bears first fruit

The acquisition of index provider VettaFi has boosted revenues in the exchange’s analytics division, but further growth could mean taking on the heavyweight data providers like S&P, FTSE Russell, and MSCI.

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