Knight Capital Group, Inc. · Jersey City, NJ United States ·(NASDAQ (GS): NITE)
Company Description
Phone: 201-222-9400
Fax: 201-557-6853
Toll Free: 800-544-7508
View Knight Capital Group, Inc. Locations On A US Map
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This link will open in a new window A day trader is one thing, but a Knight trader is something altogether different. Knight Capital Group is one of the top market makers for US and foreign stocks, as well as futures, options, foreign exchange, and fixed income products, through subsidiaries such as Knight Equity Markets, Knight Capital Markets, Direct Trading, Hotspot, and Knight BondPoint. It executes approximately 3.5 billion trades per day. Customers include brokerages, institutional investors, and issuers of securities. Knight exited the volatile hedge fund business in 2009 when it sold its stake in Deephaven Capital Management to Stark & Roth for more than $7 million. To read the full description, subscribe now.
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Key Knight Capital Group, Inc. Financials
| Company Type | Public - NASDAQ (GS): NITE Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $1,048.8 |
| 2008 Employees | 1,045 |
Knight Capital Group, Inc. Executives
34 executives listed for Knight Capital Group, Inc.'s Jersey City, NJ location.
| Title | Name & Bio | Contact |
| Chairman and CEO | Thomas Joyce | Network |
| Senior Managing Director and CFO | Steven Bisgay | Network |
| Senior Managing Director and CIO | Steven Sadoff | Network |
Competition
Competitive Landscape for Knight Capital Group, Inc.
Demand is driven by economic activity that results in company mergers, acquisitions, or public financing. The profitability of an investment bank depends on its ability to accurately assess both the value of a business transaction and the readiness of the market to buy the attendant debt or equity. Big firms have an advantage because large customer transactions require firms with substantial financial resources. Small investment banks can compete by participating in syndications and operating in regional markets or specialized industries. Although labor-intensive, the industry produces very high value: average annual revenue per employee at large firms is under $1 million. The global financial crisis of 2008-2009 dramatically altered the landscape of the investment banking industry. Morgan Stanley and Goldman Sachs, the only large firms still intact, have changed their status from investment banks to bank-holding companies. Both firms still engage primarily in investment banking, but former industry leaders such as Bear Stearns, Merrill Lynch, and Lehman Brothers have either been acquired or have filed for bankruptcy protection. The demise of these firms and the late 2000s recession have likely ushered in a new era in which the creation of innovative but risky financial instruments will be replaced by more traditional banking services. The new environment also means more industry oversight by the federal government, which had to step in and bail out dozens of financial services firms with billions of dollars of taxpayers' money. To read the full description, subscribe now.Top Knight Capital Group, Inc. Competitors
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