| SEPTEMBER 2, 1998 |
| Knight/Trimark Group Confirms Leadership Position with Record Trading Volume |
| JERSEY CITY, N.J., Sept. 2 /PRNewswire/ -- Knight/Trimark Group, Inc.
(Nasdaq: NITE), a leading market maker in Nasdaq securities and the
over-the counter (OTC) market for NYSE- and Amex-listed equity
securities (the Third Market), announced that Tuesday, September 1,
1998, marked a record trading day in the Company's history.
Knight/Trimark executed in excess of 280,000 trades on September 1, representing a cumulative share volume of over 210 million shares in both listed and OTC securities. The Company's trades accounted for approximately 12.3% of the National Market System (NMS) volume. Knight/Trimark Group, Inc. is a leading market maker in both Nasdaq securities and the over-the-counter market for New York Stock Exchange (NYSE) -- and American Stock Exchange (Amex)-listed equity securities -- the Third Market. Knight/Trimark is the parent company of Knight Securities and Trimark Securities. Knight Securities trades in approximately 7,500 equity securities listed on Nasdaq and on the OTC Bulletin Board (OTCBB) of the National Association of Securities Dealers (NASD). Trimark Securities trades NYSE- and Amex-listed equity securities over the counter. Knight/Trimark Group, Inc. is "Dedicated to Execution Solutions."(TM) |
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The matters described within the Investor Relations section of the Knight Capital Group (the "Company") Web site contain forward-looking statements that are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve a number of risks, uncertainties or other factors beyond the Company's control, which could cause actual results to differ materially from historical results, performance or other expectations and from any opinions or statements expressed with respect to future periods. These factors include, but are not limited to, the Company's ability to implement its growth strategies, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk, intellectual property rights, and other factors detailed in the Company's registration statement and periodic reports filed with the Securities and Exchange.
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