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Knight Capital (NITE) Announces 30.4% Increase in Equity Trading Volume for May

June 14, 2010 7:52 AM EDT Send to a Friend
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Knight Capital Group, Inc. (Nasdaq: NITE) today announced equities and foreign exchange volume statistics for the month of May 2010.

Equities

For the month of May 2010, the Dow Jones Industrial, the S&P 500 and Nasdaq Composite Index decreased 7.9%, 8.2% and 8.3%, respectively. During the same period, the CBOE Volatility Index (VIX) averaged 31.9.

Knight's equities volumes were as follows:
  • Average daily U.S. equities dollar volume traded in May 2010 was $38.3 billion, up approximately 30.4% from $29.3 billion in April 2010 and up approximately 61.7% from $23.7 billion in May 2009.

  • Average daily U.S. equities trade volume in May 2010 was 5.2 million, up approximately 32.3% from 3.9 million in April 2010, and up approximately 22.7% from 4.3 million in May 2009.

  • Average daily U.S. equities share volume in May 2010 was 12.1 billion, down approximately 23.9% from 15.9 billion in April 2010, and up approximately 42.9% from 8.5 billion in May 2009.
Knight Direct recorded average daily equities share volume in May 2010 of 175.8 million, up approximately 6.0% from 165.8 million in April 2010, and up approximately 179.0% from 63.0 million in May 2009.*

In equities, there were 20 trading days in May 2010, 21 days in April 2010 and 20 days in May 2009.

Foreign Exchange

Hotspot FX recorded average daily notional dollar value traded in
May 2010 of $48.7 billion, up approximately 38.2% from $35.2 billion
in April 2010, and up approximately 151.3% from $19.4 billion in May 2009.

In foreign exchange, there were 21 trading days in May 2010, 22 days in April 2010 and 21 days in May 2009.



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