Knight misses second quarter target

Knight Trading Group, the Nasdaq marketmaker which has already been forced to cut 6% of its US equities staff, will post lower than expected earnings for the second quarter.

However, Knight has confirmed its continued expansion into Europe and that its London operations will continue to be built up.

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JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

JPMorgan to Pay $330 Million Over 1MDB Transactions