The Jersey City, N.J.-based financial services firm that lost approximately $440 million due to a technological glitch on the NYSE at the start of the month has received an amicable tender from fellow Wall Street faithful.

Today, Knight Capital Group listed that its Aug. 1 “extraordinary trading loss…significantly depleted Knight’s capital base and in turn precipitated a loss of customer and counterparty confidence and liquidity.”

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.