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


To: XBrit who wrote (7270)2/16/2000 11:18:00 PM
From: General Crude  Respond to of 10027
 
Last Post for me on this subject. See Knight statement as to how they do business (from their Website):

As a market maker, Knight/Trimark performs the essential task of buying
shares when retail or institutional customers want to sell and selling shares
when they want to buy. Orders are sent via computer or phone to Knight/Trimark
-- all of which are processed in a matching environment where incoming orders
are compared against the company's large limit order book. If Knight/Trimark
holds a matching order (e.g., sell order for a buy order and vice versa) a trade is
made.