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the boot

04/08/10 5:59 PM

#33133 RE: ironjericoh #33128

nite is the mm that represents that particular firm. There are several mms for one company.

3 The Intimidator

04/08/10 10:06 PM

#33197 RE: ironjericoh #33128

Pssst.Hey kid,comere...
Very wise to know who your enemy's are.
A long story short.Knight Capital Group aka NITE is the Biggest MM of them all.They do what their name implies.Make Markets(put up they're own money to "make a market") for the sale of securities,mutual funds,options,hedge funds and forex.

Also,a little known fact is that the CEO of Scottrade is on the BOD's of Knight...Mmmm...

Here's a few more tidbits of info.
http://www.wikinvest.com/stock/Knight_Capital_Group_%28NITE%29

Put in any stock symbol and 8 times out of ten(gorilla math),NITE will be on top.
http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=issue&Issue=GOIG&SortBy=volume&Month=2-1-2010&IMAGE1.x=18&IMAGE1.y=2

Here's someone Else's opinion on NITE.And some VERY good info on Level-2.
http://stockalyzing.com/stock-learning/34-university/104-understanding-level-2-and-market-makers.html

GLTY-3