Locan, Inc. (fka LOCN)

[jaxstraw]

Knight Capital Group executes stock trades (ie, completes the buy or sell) for asset management companies such as mutual funds, hedge funds, and retail brokerages. NITE executes both U.S. and international trades in securities such as equities, futures, options, fixed income on both US and foreign exchanges. NITE profits from this line of business from both flat fees for its services and from investments NITE makes when it makes a market for a client.

http://www.knight.com/

Knight Capital Group [[NITE]] is the largest wholesale market making firm in U.S. equity securities. Knight provides market access and trade execution services across multiple asset classes and offers capital markets services to corporate issuers and private companies. The Company has three operating segments. Their Equities segment includes market-making and institutional sales of global equities, futures and options. The FICC segment includes research, voice sales and fixed income trading, plus foreign exchange transactions. NITE’s Corporate segment provides financial services-oriented opportunities, allocates, deploys and monitors all capital, and maintains all corporate overhead expenses and all other expenses that are not attributable to the Equities and FICC segments.