Monday, August 6, 2012

Reuters: Regulatory News: Vanguard begins routing some orders to Knight Capital

Reuters: Regulatory News
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Vanguard begins routing some orders to Knight Capital
Aug 6th 2012, 14:16

NEW YORK | Mon Aug 6, 2012 10:16am EDT

NEW YORK Aug 6 (Reuters) - Vanguard Group has begun rerouting "a portion of their orders," to Knight Capital Group Inc after the announcement of a deal to rescue Knight, a Vanguard spokesman said.

Monday morning Knight announced a group of investors rescued the firm in a $400 million deal that keeps the company in business.

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