KCG Holdings (KCG)

[Letgo]

Posted by: Letgo Date: Wednesday, May 26, 2010 11:49:05 AM
In reply to: OldTymer who wrote msg# 320622 Post # of 320623

To bad NSS have such supreme power! Did the NSS have a hand in the fall of SPNG??? Oldtimer - question for you - do you think SPNG will continue to stick to there guns saying that the 10k &10Q of the past were all accurate - in the up coming court case?? Do you believe the below facts about NITE or do you think this is all conspiracy notions? Thus do you think SPNG will actually take on NITE - in a sense - in the upcoming court case??

Just look at this ... --------------------------Posted by: xclr8r Date: Tuesday, May 25, 2010 8:48:09 PM
In reply to: None Post # of 118532

Look no further than right here to realize how omnipotent NITE is to where we are and where we want to be, it's almost scary:

http://www.knight.com/ourfirm/liquidity.asp

Key Liquidity Statistics

Knight engages in trading and market-making in more than 19,000 U.S. securities

Knight supplies liquidity to a great number of difficult-to-trade issues

In 2009, Knight executed greater share volume than any U.S. exchange or securities firm

In the first quarter of 2010, among securities firms, Knight ranked*:

- #1 in shares traded of Listed securities with 18.9% market share

- #1 in shares traded of NASDAQ Capital Market, Global Market, and Global Select Market securities with a combined market share of 22.8%

- #1 in shares traded of Bulletin Board and Pink Sheet securities with 84.3% market share

- #1 shares traded of NASDAQ 100 securities with a 13.8% market share

- #1 shares traded of S&P 500 securities with a 15.4% market share


In the first quarter of 2010:

Knight executed more than 225 million trades, which is an average of 3.7 million trades per day, 569,000 trades per hour, 9,500 trades per minute and 158 trades per second

Knight traded approximately 625 billion shares, which is an average of 10.2 billion shares per day, 1.6 billion shares per hour, 26.3 million shares per minute and 438,000 shares per second

Knight dollar value traded topped $1.6 trillion, which is an average of $26.6 billion per day, $4.1 billion per hour, $68.2 million per minute and $1.1 million per second