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Knight Capital’s market-making desk has suffered a significant blow following the company’s disclosure that it would lose $440 million and was facing liquidity concerns.Business Insider analysed Knight’s share of trading as reported through Bloomberg over the past week.
What we found: Knight’s share of executed trades has plummeted across the board.
The firm, which often ranks as one of the top brokerages executing — neck and neck with UBS, Merrill Lynch, and Citadel — ranks as the 15th largest market maker through early-afternoon trade.
In the subsequent charts, we show Knight’s trading share of several key stocks and ETFs.