The Global Electronic Trading Company ( GETCO ), or Getco LLC , is an American proprietary algorithmic trading and electronic market making firm based in Chicago , Illinois . In December 2012, the firm agreed to acquire Knight Capital Group ; this merger was completed in July 2013, forming the new company KCG Holdings .
5-532: (Redirected from Getco ) GETCO may refer to: Global Electronic Trading Company , an electronic trading firm now merged into KCG Holdings Gujarat Energy Transmission Corporation , an electrical power company in Gujarat, India Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with the title GETCO . If an internal link led you here, you may wish to change
10-455: The early 2000s to become one of the most active trading firms in the world. The firm's primary business is electronic market making , though it also provides execution algorithms and a dark pool through its client services arm, GETCO Execution Services. Prior to the merger into KCG, GETCO traded in over 50 markets in North and South America , Europe and Asia , and was consistently among
15-498: The firm was identified as one of the largest market makers in the US stock market . GETCO also served as one of the six Designated Market Makers (DMMs) on the NYSE between 2010 and the merger. In 2012, Scott Patterson described the firm as "the largest and most powerful high-frequency trading firm". GETCO was one of the six investors that participated in the rescue of Knight Capital ,
20-556: The link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=GETCO&oldid=967516293 " Category : Disambiguation pages Hidden categories: Short description is different from Wikidata All article disambiguation pages All disambiguation pages Global Electronic Trading Company The firm was founded in 1999 by Stephen Schuler and Daniel Tierney, former floor traders in Chicago , and grew quickly in
25-588: The top 5 participants by volume on many venues, including the CME , Eurex , NYSE Arca , NYSE Arca Options , BATS , Nasdaq , Nasdaq Options , Chi-X, BrokerTec, and eSpeed . It had offices in New York City , Chicago , London , and Singapore , and was an investor in the electronic exchanges BATS Exchange, Chi-X, NYSE Liffe U.S., Eris, and ELX. In a 2009 profile by the Wall Street Journal ,
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