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Knight/Trimark Completes Secondary Stock Offering

Traders Magazine, February 1999

Staff reports

Knight/Trimark Group, the Nasdaq wholesaler and third-market trading firm, completed a secondary offering on February 25, placing nine million shares at $35 a share.

Last July, Jersey-City-based Knight/Trimark went public on Nasdaq. While the share price traded at modest levels for several months, it has scaled exceptional highs in recent months.

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