Knight Capital Shares Get Huge Confidence Boost From TD Ameritrade

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Photo: Yahoo

Knight Capital Group shares rallied 62 per cent after TD Ameritrade announced it would resume routing trades through the New Jersey-based market maker.Here’s the statement from TD Ameritrade’s CEO:

After considerable review and discussion, we are resuming our order routing relationship with Knight,” said Fred Tomczyk, president and chief executive officer at TD Ameritrade. “Our priority has always been the interests of our clients, their trades and their assets. Knight is one of many order routing destinations for us and has long been a good and trusted partner.”

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