Kim Hillyer

Knight Asks Clients to Send Orders Again as Power Fixed

Knight Capital Group Inc., one of the largest U.S. market makers, told customers they could resume sending orders after resolving an electrical outage that shut down its equities trading yesterday.

Knight Capital Faces Pressure to Find Savior After Loss

Knight Capital Group Inc. faced growing pressure to find a savior as clients from Citigroup Inc. to Vanguard Group Inc. curtailed business with the firm following a software bug that triggered a $440 million loss.

Knight Has ‘All Hands on Deck’ After $440 Million Bug

Knight Capital Group Inc. has “all hands on deck” and is in close contact with creditors, clients and counterparties as it tries to weather trading errors that cost it $440 million, Chief Executive Officer Thomas Joyce said.

TD Ameritrade Says Thinkorswim Integration Causing ‘Issues’

TD Ameritrade Holding Corp. said some of its clients are experiencing issues with electronic trades after the company integrated its Thinkorswim options broker this past weekend.

Knight Said Focused on Keeping Control After Investment

Knight Capital Group Inc. executives are focused on negotiating an outside investment that would restore the firm’s capital and preserve its independence, said two people with knowledge of the matter.

Knight Pursues Investors as Citadel, KKR Said to Bow Out

Knight Capital Group Inc., fighting for survival after a $440 million loss spurred by a software failure, worked to find an investor after people familiar with the matter said two potential suitors were no longer interested.

Knight Holders Face Funding Options in Hotspot, Direct Edge

The investors who bailed out Knight Capital Group Inc. may wring more value from the firm by selling its currency platform and stake in Direct Edge Holdings LLC.

Citadel’s E*Trade Exit Still Seen Blocked by Mortgages: Real M&A

E*Trade Financial Corp.’s next chief executive officer could find the brokerage’s 51 percent discount to net assets isn’t enough to attract a buyer any time soon, as mortgages from the housing bubble impede a potential sale.

Citigroup Is Said to Join Firms Refraining From Knight Trading

Citigroup Inc., TD Ameritrade Holding Corp. and Scottrade Inc. suspended routing transactions through Knight Capital Group Inc. as the market maker recovers from software errors that caused a $440 million loss.

Online Brokers Hurting From Stock-Trading Drop Push Options

Glyn O’Connell is the kind of customer online brokerage firms like TD Ameritrade Holding Corp. and Charles Schwab Corp. want.

"We have not had any service disruptions for our clients."

- Kim Hillyer on Oct 31, 2012

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NetApp Is Said to Be Pushed by Elliott to Change Board

Sprint Faces Mounting Pressure as Dish Lines Up Financing

U.S. Stocks Fall as Data Disappoints Amid Stimulus Bets

House Immigrant Plan Seen as Return to 1940s U.S. Program

When Your $450,000 Aston Martin Has to Arrive Overnight