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European sales and trading head exits Knight

Knight Capital has been hit by a series of departures since a rogue algorithm punched a $440m hole in its balance sheet

The head of European institutional sales and trading at Knight Capital has become the latest in a string of departures from the US broker, which was last month bought by electronic trading specialist Getco.

John Holl, a managing director in Knight's European arm, left the broker on January 9, according to filings with the FSA register of authorised persons. He was responsible for the broker's institutional sales and trading team in London but was based in New York.

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