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Larry Leibowitz, chief operating officer of the NYSE's parent company, on Tuesday praised both Knight and Getco for "teamwork and collaboration ... to ensure smooth, efficient and seamless transitions." In a regulatory filing, Knight said the mistake caused "reduced order flow from our clients and potential loss of clients," but the company didn't give details. Knight also said some of the companies it borrows money from had reduced Knight's access to credit. Knight's shares held steady Monday, falling 1 cent to $3.06. It's still down 70 percent from its $10.33 close last Tuesday, before the trading glitch occurred.
[Associated
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