FAQ
When was Knight founded?
Knight was founded in 1995 under the name Knight/Trimark Group, Inc. Knight/Trimark Group, Inc. was renamed Knight Trading Group, Inc. in May 2000. Knight was renamed Knight Capital Group in May 2005 to better reflect the company's broader business operations beyond equities trading.
What is Knight’s stock ticker symbol? When did Knight go public?
Knight Capital Group, Inc. (NYSE Euronext: KCG) trades on the NYSE stock market in the United States and Euronext in Europe. The company went public in July 1998. Click here to access more complete financial information.
Where are Knight’s locations?
Knight is headquartered in Jersey City, NJ.
Our offices are located in Atlanta, GA; Boston, MA; Charlotte, NC; Chicago, IL; Garden City, NY; Greenwich, CT; Hong Kong, PRC; Dallas, TX; London, UK; Purchase, NY; Red Bank, NJ; New York, NY; San Francisco, CA; Santa Clara, CA; Los Angeles, CA; and Singapore.
What is Knight’s business?
Knight Capital Group (NYSE Euronext: KCG) is a leading financial services firm providing market access and trade execution services to buy-side, sell-side and corporate issuer clients in multiple asset classes.
Does Knight have subsidiaries?
Knight owns a number of subsidiaries, some of which operate as regulated broker-dealers. These broker-dealers are subject to regulation and oversight under federal, state and applicable international laws.
Click here for more information about our subsidiaries
Who are Knight’s clients?
Our clients include buy- and sell-side firms as well as corporate issuers.
What products and services does Knight offer?
Knight provides market access and trade execution services across multiple asset classes to buy- and sell-side firms. We also provide related capital markets services to corporate issuers.
Who provides clearing and settlement services for Knight?
Merrill Lynch, Pierce, Fenner & Smith Incorporated and JPMorgan Chase & Co. Pershing Securities handles clearing and settlement for Knight Libertas.
What is Knight’s role in the equity marketplace?
Knight engages in trading and market-making in more than 19,000 U.S. equities for buy- and sell-side firms. In addition, we provide capital facilitation when necessary to complete trades on our clients’ behalf and minimize slippage. By providing additional liquidity for trading in small- and mid-cap stocks, Knight plays an important role in the capital formation process.
What is a market maker?
A market maker is a broker-dealer that maintains a firm bid and ask price in a security by standing ready, willing and able to buy or sell at publicly quoted prices (called making a market). Market makers display bid and offer prices for specific numbers of specific securities, and if these prices are met, they will immediately buy for or sell from their own accounts. Market makers are very important for maintaining liquidity and efficiency for the particular securities that they make markets in.
What is a listed security?
A stock or bond that has been accepted for trading by one of the recognized and registered securities exchanges in the United States
What is the over-the-counter bulletin board (OTCBB)?
The OTC Bulletin Board® (OTCBB) is a regulated quotation service that displays real-time quotes, last-sale prices, and volume information in over-the-counter (OTC) equity securities. An OTC equity security generally is any equity that is not listed or traded on NASDAQ® or a national securities exchange. OTCBB securities include national, regional, and foreign equity issues, warrants, units, American Depository Receipts (ADRs), and Direct Participation Programs (DPPs).
What are Pink Sheets?
The Pink Sheets LLC is a privately owned company whose Electronic Quotation Service provides an Internet-based, real-time quotation service for OTC stocks not included in the daily NASDAQ over-the-counter listings.
What is liquidity?
The degree to which an asset or security can be bought or sold in the market without affecting the asset's price. High liquidity is generally characterized by a high level of trading activity.
What is capital facilitation?
Capital facilitation occurs when a firm uses and risks its own funds in connection with a transaction. A firm’s willingness to facilitate capital increases liquidity by helping to ensure that there are always buyers and sellers for the securities.
What is meant by NMS?
National Market System (NMS) refers to the system of trading over-the-counter (OTC) stocks under the sponsorship of FINRA and NASDAQ. These stocks must meet certain criteria for size, profitability and trading activity. More comprehensive information is available for NMS stocks than for non-NMS stocks traded OTC (high, low and last-sale prices, cumulative volume figures, and bid and ask quotations throughout the day).
What is meant by the third market?
Trading by non-exchange-member brokers-dealers and institutional investors of exchange-listed stocks in the Over-the-Counter market.
How do I get a list of companies for which Knight makes a market?
We make markets or trade in nearly every equity issue.
Does Knight make a market in its own stock?
No. Knight does not trade its own stock. (NYSE Euronext: KCG)
How can I get an investor kit?
Requests for investor kits and literature can be made by contacting Investor Relations at CMIR@knight.com.
How can I purchase shares of Knight?
Knight does not sell shares directly to the investing public. Contact a retail broker-dealer if interested in buying shares.
What is Knight's stock split history?
Knight Capital Group stock (NYSE Euronext: KCG) declared a 2-for-1 stock split on April 20, 1999 for holders of record on April 30, 1999.
Does Knight pay a dividend to its shareholders?
Knight has never declared or paid a cash dividend on its Class A Common Stock. The Company currently intends to retain all of its retained earnings for use in its business. Knight does not anticipate paying any cash dividends in the foreseeable future. However, the payment of cash dividends is at the discretion of our Board of Directors.
Who is the transfer agent and registrar for Knight stock and how may I contact them?
BNY Mellon Shareowner Services
P.O. Box 3315
South Hackensack, New Jersey 07606-1915
Telephone: 800.851.9677
www.mellon.com
Who do I contact if I have questions about the Company or would like more information?
Click here and choose from our list of contacts.
What percentage of Knight's stock is owned by Company insiders?
Company insider ownership is outlined in our proxy statements, which can be accessed here.
What is Knight's policy on Company employees, directors and consultants (“Associates”) trading in its stock?
Knight has a very specific policy with regard to associates who wish to buy or sell shares of Company stock. Each quarter, all Knight Associates are allowed to purchase or sell Company stock only during a specific trading “window,” the timing of which is determined by the Company’s legal and compliance department.
How can a company make a request to Knight Equity Markets to register as a market maker in its stock?
An issuer request to make a market in its stock traded on NASDAQ should contact the following:
Knight Equity Markets
Legal and Compliance Department
545 Washington Blvd.
Jersey City, NJ 07310
Telephone: 800.559.2443
Upon reviewing the documentation submitted, Knight Equity Markets will inform the issuer company if it decides to register as a market maker in its stock. This decision is made by Knight Equity Markets on an independent basis. We are prohibited from collecting fees in exchange for registering as a market maker in a particular stock.
How can a company request that Knight Capital Markets register as a market maker in its stock?
Knight Capital Markets (KCM) registers as a market maker in each equity security that lists on the New York Stock Exchange (NYSE) or on the American Stock Exchange (AMEX). Listed companies need not make such a request of KCM.
Any questions should be directed in writing to:
Knight Capital Markets, LLC
Legal and Compliance Department
100 Manhattanville Road
Purchase, NY 10577
Telephone: 800.559.2443
How does a company become listed on the OTCBB?
Please refer to www.otcbb.com for information on how to become listed.
How do I pursue concerns over a specific trade?
If you are not a client of KEM or KCM and your order was routed by your broker to KEM or KCM and you believe that your order might not have been handled properly, you should raise any such concerns directly with the broker-dealer with whom you placed your order. That broker-dealer who routed your order to us will contact us with any questions or concerns related to the manner in which your order was handled. Knight will research the matter thoroughly and reply directly to your broker-dealer.
When was Knight founded?
Knight was founded in 1995 under the name Knight/Trimark Group, Inc. Knight/Trimark Group, Inc. was renamed Knight Trading Group, Inc. in May 2000. Knight was renamed Knight Capital Group in May 2005 to better reflect the company's broader business operations beyond equities trading.
What is Knight’s stock ticker symbol? When did Knight go public?
Knight Capital Group, Inc. (NYSE Euronext: KCG) trades on the NYSE stock market in the United States and Euronext in Europe. The company went public in July 1998. Click here to access more complete financial information.
Where are Knight’s locations?
Knight is headquartered in Jersey City, NJ.
Our offices are located in Atlanta, GA; Boston, MA; Charlotte, NC; Chicago, IL; Garden City, NY; Greenwich, CT; Hong Kong, PRC; Dallas, TX; London, UK; Purchase, NY; Red Bank, NJ; New York, NY; San Francisco, CA; Santa Clara, CA; Los Angeles, CA; and Singapore.
What is Knight’s business?
Knight Capital Group (NYSE Euronext: KCG) is a leading financial services firm providing market access and trade execution services to buy-side, sell-side and corporate issuer clients in multiple asset classes.
Does Knight have subsidiaries?
Knight owns a number of subsidiaries, some of which operate as regulated broker-dealers. These broker-dealers are subject to regulation and oversight under federal, state and applicable international laws.
Click here for more information about our subsidiaries
Who are Knight’s clients?
Our clients include buy- and sell-side firms as well as corporate issuers.
What products and services does Knight offer?
Knight provides market access and trade execution services across multiple asset classes to buy- and sell-side firms. We also provide related capital markets services to corporate issuers.
Who provides clearing and settlement services for Knight?
Merrill Lynch, Pierce, Fenner & Smith Incorporated and JPMorgan Chase & Co. Pershing Securities handles clearing and settlement for Knight Libertas.
What is Knight’s role in the equity marketplace?
Knight engages in trading and market-making in more than 19,000 U.S. equities for buy- and sell-side firms. In addition, we provide capital facilitation when necessary to complete trades on our clients’ behalf and minimize slippage. By providing additional liquidity for trading in small- and mid-cap stocks, Knight plays an important role in the capital formation process.
What is a market maker?
A market maker is a broker-dealer that maintains a firm bid and ask price in a security by standing ready, willing and able to buy or sell at publicly quoted prices (called making a market). Market makers display bid and offer prices for specific numbers of specific securities, and if these prices are met, they will immediately buy for or sell from their own accounts. Market makers are very important for maintaining liquidity and efficiency for the particular securities that they make markets in.
What is a listed security?
A stock or bond that has been accepted for trading by one of the recognized and registered securities exchanges in the United States
What is the over-the-counter bulletin board (OTCBB)?
The OTC Bulletin Board® (OTCBB) is a regulated quotation service that displays real-time quotes, last-sale prices, and volume information in over-the-counter (OTC) equity securities. An OTC equity security generally is any equity that is not listed or traded on NASDAQ® or a national securities exchange. OTCBB securities include national, regional, and foreign equity issues, warrants, units, American Depository Receipts (ADRs), and Direct Participation Programs (DPPs).
What are Pink Sheets?
The Pink Sheets LLC is a privately owned company whose Electronic Quotation Service provides an Internet-based, real-time quotation service for OTC stocks not included in the daily NASDAQ over-the-counter listings.
What is liquidity?
The degree to which an asset or security can be bought or sold in the market without affecting the asset's price. High liquidity is generally characterized by a high level of trading activity.
What is capital facilitation?
Capital facilitation occurs when a firm uses and risks its own funds in connection with a transaction. A firm’s willingness to facilitate capital increases liquidity by helping to ensure that there are always buyers and sellers for the securities.
What is meant by NMS?
National Market System (NMS) refers to the system of trading over-the-counter (OTC) stocks under the sponsorship of FINRA and NASDAQ. These stocks must meet certain criteria for size, profitability and trading activity. More comprehensive information is available for NMS stocks than for non-NMS stocks traded OTC (high, low and last-sale prices, cumulative volume figures, and bid and ask quotations throughout the day).
What is meant by the third market?
Trading by non-exchange-member brokers-dealers and institutional investors of exchange-listed stocks in the Over-the-Counter market.
How do I get a list of companies for which Knight makes a market?
We make markets or trade in nearly every equity issue.
Does Knight make a market in its own stock?
No. Knight does not trade its own stock. (NYSE Euronext: KCG)
How can I get an investor kit?
Requests for investor kits and literature can be made by contacting Investor Relations at CMIR@knight.com.
How can I purchase shares of Knight?
Knight does not sell shares directly to the investing public. Contact a retail broker-dealer if interested in buying shares.
What is Knight's stock split history?
Knight Capital Group stock (NYSE Euronext: KCG) declared a 2-for-1 stock split on April 20, 1999 for holders of record on April 30, 1999.
Does Knight pay a dividend to its shareholders?
Knight has never declared or paid a cash dividend on its Class A Common Stock. The Company currently intends to retain all of its retained earnings for use in its business. Knight does not anticipate paying any cash dividends in the foreseeable future. However, the payment of cash dividends is at the discretion of our Board of Directors.
Who is the transfer agent and registrar for Knight stock and how may I contact them?
BNY Mellon Shareowner Services
P.O. Box 3315
South Hackensack, New Jersey 07606-1915
Telephone: 800.851.9677
www.mellon.com
Who do I contact if I have questions about the Company or would like more information?
Click here and choose from our list of contacts.
What percentage of Knight's stock is owned by Company insiders?
Company insider ownership is outlined in our proxy statements, which can be accessed here.
What is Knight's policy on Company employees, directors and consultants (“Associates”) trading in its stock?
Knight has a very specific policy with regard to associates who wish to buy or sell shares of Company stock. Each quarter, all Knight Associates are allowed to purchase or sell Company stock only during a specific trading “window,” the timing of which is determined by the Company’s legal and compliance department.
How can a company make a request to Knight Equity Markets to register as a market maker in its stock?
An issuer request to make a market in its stock traded on NASDAQ should contact the following:
Knight Equity Markets
Legal and Compliance Department
545 Washington Blvd.
Jersey City, NJ 07310
Telephone: 800.559.2443
Upon reviewing the documentation submitted, Knight Equity Markets will inform the issuer company if it decides to register as a market maker in its stock. This decision is made by Knight Equity Markets on an independent basis. We are prohibited from collecting fees in exchange for registering as a market maker in a particular stock.
How can a company request that Knight Capital Markets register as a market maker in its stock?
Knight Capital Markets (KCM) registers as a market maker in each equity security that lists on the New York Stock Exchange (NYSE) or on the American Stock Exchange (AMEX). Listed companies need not make such a request of KCM.
Any questions should be directed in writing to:
Knight Capital Markets, LLC
Legal and Compliance Department
100 Manhattanville Road
Purchase, NY 10577
Telephone: 800.559.2443
How does a company become listed on the OTCBB?
Please refer to www.otcbb.com for information on how to become listed.
How do I pursue concerns over a specific trade?
If you are not a client of KEM or KCM and your order was routed by your broker to KEM or KCM and you believe that your order might not have been handled properly, you should raise any such concerns directly with the broker-dealer with whom you placed your order. That broker-dealer who routed your order to us will contact us with any questions or concerns related to the manner in which your order was handled. Knight will research the matter thoroughly and reply directly to your broker-dealer.
