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Non-Tech : Knight/Trimark Group, Inc.
KCG 20.000.0%Aug 17 5:00 PM EST

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To: Gary Korn who wrote (5486)11/3/1999 7:17:00 AM
From: gbh  Read Replies (2) of 10027
 
Gary, thanks for the Optimark discourse. What a move by NITE. What amounts to bypassing the ECNs altogether, without really threatening their bread and butter. Having an alternative outlet for the heaviest volume stocks, which they have no significant advantage in anyway, is definitely the right move for them.

I've heard the NYSE wants to IPO next year. I wasn't aware the NASD was also considering. Are you aware of the timeframe?

Gary
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