Brief: Knight Securities Japan opens for business

Brief: Knight Securities Japan opens for business

Knight Securities Japan, the joint venture between Knight Trading Group and Nikko Securities, has begun trading Jasdaq equity securities.

The new operation was scheduled to begin making markets in Jasdaq equities in the first quarter of 2001.

Anthony Sanfilippo, executive vice president of Knight Trading Group and director of Knight Securities Japan, says: "By January 15, 2001, we plan to make markets in 50 Jasdaq stocks eligible for trading by market makers. We expect to be able to execute orders in more than 200 of these listings in the second quarter of 2001."

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