| JANUARY 12, 2009 |
| Knight Direct EMS Launches Complex Options Order Trading Capabilities |
JERSEY CITY, N.J., "We have had a great deal of demand from our clients for complex options
execution capabilities," said This additional functionality is consistent with the increasing demands for a single desktop application that can handle multi-asset class, domestic and international trading through one unified system. Available in the latest release of Knight Direct EMS, the complex options execution capabilities allow users to build multi-leg custom orders from option contracts listed on all seven of the option exchanges. The custom strategy also allows for the creation of mixed options contracts and equity leg orders, up to four in total. Complex order smart-routing provides for in-line trading of component legs and can be used to work desired strategies. "We have many clients who, for example, need to hedge their equity positions, whether that be through options, futures or currency," Mr. Cronin said. "We are here to facilitate that complex process." Knight Direct EMS provides direct market access, through its
broker-neutral trading platform, to multiple asset classes, including domestic
and non-U.S. equities, futures, options and foreign exchange. Knight Direct
EMS offers clients customized features, including industry leading algorithms,
to support individual trading styles and enhance tactical efficiencies. For
more information about Knight Direct EMS, please contact Legal disclaimer: The information contained herein lists a service
provided by About Knight Certain statements contained herein, may constitute "forward-looking
statements" within the meaning of the Private Securities Litigation Reform Act
of 1995. These forward-looking statements are not historical facts and are
based on current expectations, estimates and projections about the Company's
industry, management's beliefs and certain assumptions made by management,
many of which, by their nature, are inherently uncertain and beyond our
control. Accordingly, readers are cautioned that any such forward-looking
statements are not guarantees of future performance and are subject to certain
risks, uncertainties and assumptions that are difficult to predict including,
without limitation, risks associated with the costs, integration, performance
and operation of businesses recently acquired, or that may be acquired in the
future, by the Company, and risks associated with the unprecedented current
market conditions and the resulting volatility, credit tightening and
counterparty risk, as well as the negative effect on performance and assets
under management in our Asset Management business and the suspension of
redemptions and withdrawals announced in the Form 8-K filed by the Company on
SOURCE |
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The matters described within the Investor Relations section of the Knight Capital Group (the "Company") Web site contain forward-looking statements that are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve a number of risks, uncertainties or other factors beyond the Company's control, which could cause actual results to differ materially from historical results, performance or other expectations and from any opinions or statements expressed with respect to future periods. These factors include, but are not limited to, the Company's ability to implement its growth strategies, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk, intellectual property rights, and other factors detailed in the Company's registration statement and periodic reports filed with the Securities and Exchange.
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