Direct Edge

Direct Edge, America’s newest stock exchange, offers the next generation of displayed markets. Direct Edge utilizes two independent exchange platforms — EDGA and EDGX — and unique order types to match complementary forms of liquidity based on sensitivity to transaction cost, fill rate and fill speed, while maintaining high execution quality and low latencies. Headquartered in Jersey City, N.J., Direct Edge is owned by a consortium that includes the International Securities Exchange, Knight Capital Group, Inc., Citadel Derivatives Group, The Goldman Sachs Group, and J.P. Morgan. More information about Direct Edge is available at www.directedge.com. Everybody Needs Some Edge.