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Knight's Big Bet On Technology: Market Maker Spends Hundreds of Millions o

Traders Magazine, May 2000

Peter Chapman

Executives at Knight Trading Group like to say their firm is not a trading company with excellent technology, but a technology company with excellent traders. They exaggerate.

Knight, nevertheless, aims to use technology to redfine the role of the market maker. And it is spending big bucks to do so.

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