Foreign Funds Rescuing Banks

JERSEY CITY, N.J., Jan. 24 /PRNewswire-FirstCall/ -- Knight Capital Group, Inc. (NASDAQ: NITE) today at LaSalle's 26th Annual Fixed Income Symposium relaunched its ValuBond electronic fixed income trading solution as Knight BondPoint(TM). Knight acquired ValuBond, a privately-held fixed income ECN and provider of front-end fixed income trading applications for retail brokerage firms, in July 2006. The relaunch follows the completion of several initiatives including technology upgrades, product enhancements and team additions as well as the full integration with Knight's comprehensive market access and trade execution services.

"Given the growth in demand among retail investors for fixed income securities, brokerage firms are under pressure to reduce manual processes and provide clients with quality trade executions," said James P. read more