While the Knight Capital (NYSE:KCG) debacle was murder for the firm itself, it was no picnic for major brokers like E*Trade (NASDAQ:ETFC) TD Ameritrade (NYSE:AMTD) and Scottrade Inc. either. The brokers had to throttle off any orders that had been sent through Knight, for fear of more shenanigans hurting their clients.

Well it turns out that now the brokers are the ones saving Knight. It has been reported for a while that TD Ameritrade was part of the group that was bailing out Knight, but now it appears that Scottrade is also part of the rescue plan.

Check out this Fox Business Network video with Charlie Gasparino, though Gasparino is quick to note that, “Knight has yet to announce Scottrade’s inclusion.” 

Here’s an excerpt from the full report on Fox Business:

“The bizarre implosion of Knight Capital is getting even more bizarre with the emergence of a previously undisclosed investor as part of the firm’s bailout group. That investor, online brokerage Scottrade, was placed into the deal after Knight announced it had been rescued by a six-firm investor consortium that would sink around $400 million into the outfit to cover losses stemming from a flubbed trade, according to people with direct knowledge of the matter….Knight has yet to announce Scottrade’s inclusion. A person with direct knowledge of the deal said the firm is receiving a far smaller stake in the firm that the other investors totally around $10 million, compared to anywhere between $100 million and $30 million for the other players.”