| FEBRUARY 29, 2000 |
| Knight/Trimark Group Executes Record Trade Volume of 877,071 Trades In Single Day |
JERSEY CITY, N.J., Feb. 29 /PRNewswire/ -- Knight/Trimark Group, Inc. (Nasdaq: NITE), the largest wholesale market marker in U.S. equity securities, today reported that it executed 877,071 trades on February 24, 2000, representing a cumulative share volume of over 810 million shares in both OTC and listed securities. The company's share volume accounted for approximately 12 percent of the February 24 reported Nasdaq, New York Stock Exchange and American Stock Exchange share volume. Knight/Trimark executed over 81 billion shares during 1999, a share volume second only to those of Nasdaq and the NYSE. Knight/Trimark, headquartered in Jersey City, NJ, is the parent company of Knight Securities, Trimark Securities and Knight Financial Products (formerly Arbitrade, LLC). Knight is the largest wholesale market maker in U.S. equity securities. The four-year old Knight/Trimark Group, as the largest destination for on-line trade executions, is the unseen "processing power" behind the explosive growth in on-line securities trading. The firm was recently selected to the Fortune "e-50 Stock Index," an elite collection of companies that are shaping the new Internet based economy. The firm employs more than 800 people worldwide. For more information please visit http://www.knight-sec.com SOURCE Knight/Trimark Group, Inc.
CONTACT: Margaret Wyrwas, Vice President, Corporate Communications & Investor Relations of Knight/Trimark Group, Inc., 201-557-6954, or mwyrwas@knight-sec.com; or Chuck Dohrenwend of Edelman Worldwide, 212-704-8102, for Knight/Trimark Group, Inc./ |
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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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