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JERSEY CITY, N.J. - Knight Capital Group Inc.'s average daily trade volume in March jumped 87 percent to $16.55 billion as investors moved out of positions taken with borrowed money, the trading firm said Wednesday.
| NITE | 17.24 |  0.04 |
Knight's average daily trades rose to 1.8 million from 1.1 million, while the number of shares in the average trading day fell to 3.3 billion from 4 billion last year.
"We witnessed sporadic increases in volume uncorrelated to volatility which we attribute to deleveraging," Chairman and Chief Executive Thomas Joyce said in a statement.
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