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Executive chairman of Knight Capital Group resigns

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Jersey City-based high-frequency trading company KCG Holdings Inc. announced last week its executive chairman, Tom Joyce, has resigned.

KCG, which resulted from the recently completed its merger of Knight Capital Group and Getco, appointed Stephen Schuler non-executive chairman.

Schuler co-founded Getco, and has served as its chief executive since 2012. He has occupied leadership roles in the trading industry for more than 25 years.

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