Of interest...
Sleeper
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Wednesday April 28, 9:20 am Eastern Time
Company Press Release
SOURCE: StockHouse Media Corporation
Knight/Trimark Chief Tells StockHouse.com Transaction Numbers Are Running Well Ahead of Last Quarter; Hints at Record Transactions in Last 5 Trading Days
SARASOTA, Fla., April 28 /PRNewswire/ -- In a CEO Conversation with StockHouse.com, Knight/Trimark Group (Nasdaq: NITE - news) CEO Kenneth Pasternak disclosed, ''Transaction numbers are running well ahead of last quarter,'' and ''the last 5 trading are our high water mark.'' Pasternak also laid out his Phase 1 and Phase 2 strategy for establishing a presence in Europe, which is to lead to including the ''trading of European securities'' through a London- based Knight/Trimark subsidiary. While the company publicly announced a record 520,000 trades, which occurred on April 14, and a monthly record in March of 3.6 billion shares traded, Pasternak hinted that April's numbers should exceed those figures. Pasternak also told StockHouse.com that the firm ''should hit 1 million daily transactions,'' by next year, at their current pace.
Pasternak also told StockHouse.com his Phase 1 and Phase 2 strategy for establishing a presence in Europe, which is to lead to including the ''trading of European securities'' through a Knight/Trimark subsidiary.
To view the online CEO Conversation, visit www.stockhouse.com
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