SEC To Hold Meeting On Knight Capital Trading Glitch

Law360, New York (August 8, 2012, 3:56 PM EDT) -- The U.S. Securities and Exchange Commission will hold a technology roundtable next month to discuss ways to improve market stability after Knight Capital Group Inc. suffered a major trading glitch last week and lost $440 million in a matter of minutes.

The meeting, scheduled for Sept. 14, will focus on the design and control of automated trading systems like the one that went haywire at Knight Capital, the SEC said Wednesday. The agency is investigating what happened at the brokerage firm and determining what steps should...
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