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Knight Capital Adds Fixed Income With $18.2 Million Purchase of ValuBond

At 01 Jul 2006 13:19:11 in ET-Multidealer Systems, Electronic Trading    Print Article  Email Article   Full content requires subscription 

Following its acquisition of Hotspot FXI earlier this year (Transaction Networks & Technologies, February 2006), Knight Capital Group is continuing its expansion into new asset classes with the purchase of the ValuBond fixedincome trading platform for $18.2 million in cash. Knight aims to offer the platform’s bond trading capabilities to its existing broker/dealer client base, allowing firms to offer electronic bond trading to their own customers.



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