High frequency trading was once a fiercely secretive industry. But, part by design and part by regulatory scrutiny, some of its biggest protagonists have come out of the shadows with client-facing businesses, industry lobby groups and the hire of well-groomed former bank and exchange executives.
No firm has played a bigger part in that story than Getco. On Wednesday, the Chicago-based firm made a very public statement of intent over its client-driven strategy, by offering $1.3bn to acquire NYSE-listed broker Knight Capital.
