range of products and services Knight is correcting the misconception that it is simply a Nasdaq market maker. True, Knight has been a powerhouse in that market from the beginning and today makes markets or trades in nearly every Nasdaq NMS security, in addition to Small-Cap, OTC Bulletin Board and Pink Sheet stocks, with more overall volume than any other firm. But Knight also is a leader in trading NYSE- and AMEX-listed securities in the Nasdaq InterMarket™ and continues to enjoy a significant market share in the options industry. To better meet its clients' needs, Knight has expanded its offering over the last year to include listed block, international, ADR, ordinaries, institutional options, ETF and electronic sales and trading. Knight also introduced soft dollar, commission recapture, correspondent brokerage, enhanced portfolio strategy, restricted stock sales and corporate services. Knight conducted this expansion in its Equity Markets and Derivative Markets segments by both attracting new talent and enhancing existing products and services. Finally, Knight's Asset Management business Deephaven is exploring new investment strategies to complement its proven market neutral investment approach.