Knight Route and Algos

NITE OTCBB Route
FAN Algo
Covert Algo

NITE OTCBB Route

Products Traded:

• OTCBB

Hours:

• 08:30am - 4:30pm ET

FAN Algo

Products Traded:

• Stocks

Hours:

• 09:30am - 4:00pm ET

Covert Algo

Products Traded:

• Stocks

Hours:

• 09:30am - 4:00pm ET

About:
Knight Capital Group is a financial services firm that provides electronic and voice access to the global capital markets, including trading algos in nearly every U.S. equity security.

Knight FAN Sweeps/posts an order simultaneously to public liquidity and dark pools, dynamically allocating the order to destinations where liquidity is located.

Knight Covert Posts and fills orders in dark pools exclusively.

Knight FAN is the algorithmic solution that sweeps and posts orders in both displayed and non-displayed venues while re-circulating to the destinations where executions are taking place. In addition, FAN leverages Knight’s broad inter-market connectivity and internal liquidity, resulting in faster routing and increased liquidity capture.