Reuters: Regulatory News: Knight Capital sees losses on Facebook listing glitches

Reuters: Regulatory News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Knight Capital sees losses on Facebook listing glitches May 23rd 2012, 21:33 Wed May 23, 2012 5:33pm EDT May 23 (Reuters) - Knight Capital Group Inc said its second-quarter results will be hurt by losses related to numerous issues during Facebook Inc's Nasdaq listing. A technical glitch delayed Facebook's market debut by roughly half an hour, and later delayed order confirmations. Knight Capital sees a total pre-tax loss of $30 million to $35 million related to the Facebook listing. The company has submitted claims for financial compensation from Nasdaq and is evaluating all remedies available, Knight Capital said in a regulatory filing.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions