Knight Trimark/Arbitrade Tie Up Finalized

TRADING LINKS

JERSEY CITY, NY--A merger announced last year between Knight-Trimark and Minnesota-based Arbitrade Securities received final approval by the SEC. The New Jersey-based market maker will acquire the automated options-based trading firm for $504 million in stock.

"The only thing that has changed from the initial filling is that Arbitrade’s options business will be known as Knight Financial Products," says Knight Trimark spokesperson Chuck Dohrenwent.

Arbitrate’s trading technology is able to sweep

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