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Non-Tech : Knight/Trimark Group, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: gbh who wrote (6022)11/18/1999 9:10:00 AM
From: AugustWest  Respond to of 10027
 
(COMTEX) B: KNIGHT/TRIMARK GROUP EXECUTES RECORD TRADE VOLUME OF 600,
B: KNIGHT/TRIMARK GROUP EXECUTES RECORD TRADE VOLUME OF 600,000 TRADES IN
SINGLE DAY KNIGHT'S SHARE VOLUME REPRESENTS 12% OF REPORTED NASDAQ, NYSE and
AMEX Volume

JERSEY CITY, N.J., Nov 18, 1999 /PRNewswire via COMTEX/ --
Knight/Trimark Group, Inc. (Nasdaq: NITE), the largest wholesale market
marker in U.S. equity securities, today reported that it executed in
excess of 600,000 trades on November 17, 1999, representing a
cumulative share volume of over 328 million shares in both OTC and
listed securities. Knight's strategic technology investments provide
the firm with the capacity to process 1.2 million trades per day.

The company's share volume accounted for approximately 12 percent of
the November 17 reported Nasdaq, New York Stock Exchange and American
Stock Exchange share volume. Knight has executed over 55 billion shares
in the first nine months of 1999, a share volume second only to Nasdaq
and the NYSE.

Knight/Trimark, the parent company of Knight Securities and Trimark
Securities, is the largest wholesale market maker in U.S. equity
securities. Knight Securities makes markets in over 7,500 equity
securities listed on Nasdaq and the OTC Bulletin Board of the NASD.
Trimark Securities trades NYSE- and AMEX-listed equity securities over
the counter -- the Third Market. The four-year-old Knight/Trimark
Group, as the largest destination for on-line trade executions, is the
unseen "processing power" behind the explosive growth in on-line
securities trading. The firm employs more than 580 people worldwide
with offices in Jersey City, N.J.; Jericho and Purchase, N.Y.; Chicago,
Ill.; Boston, Mass.; and London, England.
For more information see www.knight-sec.com .

SOURCE Knight/Trimark Group, Inc.
(C) 1999 PR Newswire. All rights reserved.
prnewswire.com
-0-
CONTACT: Margaret Wyrwas, Vice President, Corporate Communications &
Investor Relations of Knight-Trimark Group, 201-557-6954, or
mwyrwas@knight-sec.com; or Chuck Dohrenwend of Edelman
Worldwide for
Knight-Trimark Group, 212-704-8102

WEB PAGE: knight-sec.com

GEOGRAPHY: New Jersey

INDUSTRY CODE: FIN

*** end of story ***



To: gbh who wrote (6022)11/18/1999 10:31:00 AM
From: oilbabe  Read Replies (1) | Respond to of 10027
 
gbh: Looks like you were right on NN...great action and volume this am...
also look at the blocks trading. Someone either knows something or is making a big bet here.



To: gbh who wrote (6022)11/18/1999 7:49:00 PM
From: gbh  Read Replies (2) | Respond to of 10027
 
-OT- I hope some of you were lucky enough to enter NN this morning. I rarely get calls like this right, but this one was pretty much a lay-up. NN announced in their earning CC they are open to offers, and the stock traded at 24 after hours.

Gary