|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)