trading company getco type subsidiary industry high frequency trading market making fate merged with knight capital group in 2013 forming kcg holdings founded 1999 headquarters chicago illinois united states key people stephen schuler co founder daniel tierney co founder daniel coleman ceo 1 number of employees 400 2013 website www.getcollc.com the global electronic trading company getco or getco llc was 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 . description edit the firm was founded in 1999 by stephen schuler and daniel tierney former floor traders in chicago and has over 400 employees . 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 . getco trades in over 50 markets in north and south america europe and asia and is consistently among 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 has offices in new york city chicago london and singapore and is an investor in the electronic exchanges bats exchange chi x nyse liffe u.s. eris and elx . 2 in a 2009 profile by the wall street journal 3 the firm was identified as one of the largest market makers in the us stock market . getco also serves as one of the six designated market makers dmms on the nyse . 4 getco was one of the six investors that participated in the rescue of knight capital a competitor that had experienced a significant trading malfunction on august 1 2012 . supported by its main investor general atlantic getco pursued knight capital and defeated a competing proposal from virtu financial by offering to pay 3.75 share to knight capital s shareholders for a total value of 1.4 billion . references edit getco names coleman ceo pdf . retrieved 2012 02 29 . getco . retrieved 2011 06 26 . patterson scott 2009 08 27 . meet getco high frequency trade king wsj.com . online.wsj.com . retrieved 2011 06 26 . nyse equities membership types . retrieved 2011 10 15 . external links edit getco website v t e hedge funds investment strategy arbitrage relative value capital structure arbitrage convertible arbitrage equity market neutral fixed income arbitrage fixed income relative value investing statistical arbitrage volatility arbitrage event driven activist shareholder distressed securities risk arbitrage special situation directional convergence trade commodity trading advisors managed futures account dedicated short global macro long short equity trend following other fund of hedge funds multi manager trading algorithmic trading day trading high frequency trading prime brokerage program trading proprietary trading related terms markets commodities derivatives equity fixed income foreign exchange money markets structured securities misc arbitrage pricing theory assets under management black scholes model greeks finance delta neutral capital asset pricing model alpha beta security characteristic line fundamental analysis hedge securitization short taxation of private equity and hedge funds technical analysis investors vulture funds family offices financial endowments fund of hedge funds high net worth individual institutional investors insurance companies investment banks merchant banks pension funds sovereign wealth funds regulatory fund governance hedge fund standards board alternative investment management companies hedge funds hedge fund managers retrieved from https en.wikipedia.org w index.php title global electronic trading company & oldid 743336577 categories financial services companies of the united statescompanies based in chicagocompanies established in 1999privately held companies based in illinois navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 9 october 2016 at 04 57 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view