To: Gabriel who wrote (36911 ) 4/28/1999 10:55:00 AM From: manny t Respond to of 120523
NITE: The tremendous news continues. 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 stockhouse.com StockHouse Plug StockHouse Media Corporation is an Internet financial media information service company providing breaking news about North American stocks via their Internet publication, StockHouse.com. With over one million visitors per month, StockHouse has emerged as a leading, online, global financial content provider. A subsidiary, StockHouse Canada, is the #1 Canadian financial website, where an estimated 21% of Canadian online investors conduct investment research. StockHouse maintains offices in the United States of America, Canada, and Australia. Media Contact: Hilary Chiba StockHouse Media Corporation PH#: 1-941-365-5719 EML: ''hchiba@stockhouse.com'' WEB: stockhouse.com SOURCE: StockHouse Media Corporation