Liquidity
Buying and selling works best when buyers and sellers trade effortlessly, forming natural pools of liquidity and making the markets whole.
Above: In this algorithmically generated image, two years of historical stock prices are plotted as clusters of conical 3D graphs and presented as a landscape of data. Artist: Marius Watz.
Knight is a major source of deep, in-house liquidity, which forms naturally from the order flow of buy- and sell-side clients.
We are the leading source of off-exchange liquidity in U.S. equities. We offer trading and market making in more than 19,000 U.S. equities. In 2008, Knight executed greater share volume than any U.S.-based exchange or securities firm according to data from SIFMA and AutEx.*
Moving beyond our domestic capabilities, we’re building liquidity in a growing list of European and Asian equities. We have a successful institutional sales and trading team based in London. At present, we‘re adding electronic capabilities in London and establishing an institutional sales and trading team in Hong Kong.
Increasingly, we’re providing liquidity in fixed income to buy- and sell-side firms. Knight Libertas offers fixed income sales, trading and research to institutions in the U.S., Europe and Asia. Knight BondPoint offers fixed income trading solutions to broker-dealers.
In addition, we’re building liquidity across asset classes including foreign exchange, futures and options.
* Based on stock market volumes published by the Securities Industry and Financial Markets Association and advertised trades through AutEx BlockData for 2008.