Knight Capital Group has launched Global Program Trading to provide institutions in the Americas, Europe and Asia with trading capabilities combining global equities sales and trading expertise with its's multi-market technology and liquidity.
Knight said Global Program Trading will offer equity program trading, index rebalancing and transition management, with support by its sales and trading desks using the company’s algorithms, smart order routing and pre- and post-trade reporting and analysis.
The new program will be headed by managing directors Jenkins Marshall and John Shaw who will oversee a program trading desk that includes 20 sales and trading experts based in the US, Europe and Asia.
Knight is connected to over 100 public and private markets worldwide covering MSCI developed and emerging markets and a growing number of MSCI frontier markets.
Knight executive vice president and head of global equities Gregory Voetsch said Knight enhanced its world-class program trading offering with greater global reach and by leveraging the technology, scale and success trading less-liquid securities across fragmented markets.
"Knight’s expanded international capabilities, the experience of our team and our methodology for trading client orders together create further opportunities to reduce transaction costs on behalf of our institutional clients," Voetsch said.
Knight Capital Group is a financial services firm that provides access to the capital markets across multiple asset classes to a network of clients, including buy- and sell-side firms and corporations.