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; Chicago, IL; Frankfurt, Germany; Garden City, NY; Greenwich, CT; Hong Kong, PRC; Dallas, TX; London, UK; Purchase, NY; Red Bank, NJ; San Francisco, CA; Santa Clara, CA; Los Angeles, CA; Singapore; Zurich, Switzerland.
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.
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?
Knight self-clears through its Knight Clearing Services division operating division. Knight also clears through Pershing LLC and First Clearing, LLC.
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).