Knight Capital Group is not likely to shed any of its major business units after the August 1 trading glitch that cost the market maker $440 million, forcing it to take on additional investors to avoid bankruptcy, Chief Executive Thomas Joyce said on Friday, Reuters reported. Volume levels at Knight, one of the top executors of U.S. stock trades, have returned to normal and now management and the firm's reconfigured board are conducting a strategic review of Knight's business units, Joyce said last week. He said the thrust of the review is to look for efficiencies.
