2012-06-06latimes.com

Knight Capital, one of Wall Street's largest trading firms, blasted the compensation as paltry and hinted it might take legal action. The operator of rival New York Stock Exchange also vowed to fight the Nasdaq plan, saying it could unfairly siphon away business.

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Nasdaq's glitches may have cost brokerages more than $100 million, according to some estimates, so the exchange's plan could leave some firms unhappy.



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