Knight Capital Hunts for New CTO

摘要

Knight Capital Group is shuffling its deck nearly two months after it was nearly put out of business by a rogue algorithm. The firm said it's shifting Steven Sadoff-who oversaw Knight's operations and technology prior to the costly computer glitch-to a role where he will focus on building the firm's correspondent clearing, prime brokerage and futures businesses. Sadoff had led a number of initiatives for Knight, including the building of its trading floor technology, networking infrastructure, and clearing operations.