Asset Classes
Equities
Knight is a single destination for trading global equities through market access solutions, natural in-house liquidity and connections to more than 100 external market centers around the world.
Knight makes a market or trades in more than 19,000 U.S. equities, providing clients a single destination for Listed, NASDAQ and over-the-counter securities.
At the same time, Knight's international equity trading capabilities cover ordinaries and ADRs throughout Europe, Asia, Latin America, Canada and other major international markets.
Knight's hybrid market model offers clients a choice between electronic and voice access to the markets. We also have the ability to use capital to facilitate trades on our clients' behalf. For external liquidity, Knight's premier outbound routing gateway employs sophisticated routing logic to access a network of ECNs, dark pools, exchanges and other market destinations.
Fixed Income
Knight provides access and trade execution services in various fixed income securities, including high-yield/distressed and high-grade crossover fixed income securities as well as bank loans, convertible bonds and asset-backed and mortgage-backed securities. Knight offers both electronic and voice trade execution for both block and odd-lot trades.
Knight Libertas provides trade execution on a riskless principal basis between buy-side firms, matching buyers and sellers for various fixed income securities.
Knight BondPoint provides the sell side an electronic trading platform and trader and broker workstations for fixed income securities.
Foreign Exchange
Hotspot FXi provides electronic access to the spot foreign exchange market in 51 currency pairs and gold and silver through an ECN model. Institutions use electronic spot FX trading to generate alpha and facilitate hedging of international transactions.
Futures
Knight's connectivity network supports futures order routing to many of the world's leading futures exchanges, providing for efficient trade execution of futures strategies in index, single stock and commodity futures through Knight Direct.
Options
Knight provides direct electronic access to the primary options markets through Knight Direct. Trading options via Knight provides clients with advanced order routing to the exchanges, such as exchange sweeping and auto-ex capabilities. Knight Direct's interface also provides robust options pricing features, which help traders gauge implied, theoretical and historical volatility measurements, as well as complex option order capabilities.