KCG Holdings executive chairman Thomas Joyce resigned from the trading firm, two days after it was formed by Getco's takeover of Joyce's former firm, Knight Capital Group.

Joyce, 58, resigned effective immediately, according to a KCG statement Wednesday. Stephen Schuler, co-founder of Getco, was appointed non-executive chairman of KCG's board, the company said.

Knight's Joyce resigns following Getco takeover

Exit comes two days after new the firm, KCG Holdings, was formed

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