Knight Capital Group is a global financial services firm headquartered in New Jersey with over 1,000 employees. It operates in global markets, asset management, and corporate divisions. As a market maker and liquidity provider, Knight trades over 13 billion shares per day and has the largest market share of any U.S. exchange. While Knight saw revenue and earnings growth in 2009, its asset management subsidiary Deephaven produced losses due to market conditions. Knight aims to expand its customer base internationally through new offices in Asia and Europe.
9. Dynamic Capital Markets firm providing market access and trade execution services across multiple asset classes to buy-side, sell-side and corporate issuer clients. Leading source of off-exchange liquidity in U.S. Equities and have greater share volume than any U.S. exchange Leading market maker and liquidity provider in a wide variety of securities, commodities, and other financial products, including options, ETFs, and other derivatives In 3rd quarter of 2009, Knight traded an average of 13.2 billion shares per day. Business highlights
10. Market making Expectancy Largest Provider of ETF Liquidity Narrow Bid-Ask Spread Depth & Size of Market Derivative Valuation SPY Bigs Minis Cash Notional Value
12. Consolidated Revenues for the first six months of 2009 increased $175.5 million, or 45.7%, year on year. Consolidated Expenses for the six months of 2009 increased $160.8 million, or 60.3%, year on year. Consolidated Pre-tax earnings for the six months of 2009 increased $14.7 million, or 12.5%, year on year. As of June 30, 2009, Knight had $2.4 billion in assets, 69.9% of which consisted of cash or assets readily convertible into cash. key Financials