Knight/Trimark Group, Inc. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Knight/Trimark Group, Inc.

KCG 20.00

0.0%

Aug 17 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bob Kim who wrote (4891)	10/11/1999 7:28:00 PM
From: Gary Korn	Read Replies (1) of 10027

Did mid-point pricing cost $10 mil in revenues or earnings? Bob, Good point. The $10MM reduction was in revenues, not earnings, so I'm missing some of the reason for the shortfall. (Bloomberg) Knight's revenues were reduced by about $10 million in the third quarter because it introduced a new method of executing opening trades in Nasdaq stocks at the midpoint of prevailing bid and ask prices, Pasternak said Gary Korn

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next