JERSEY CITY, N.J., Jan. 22 /PRNewswire-FirstCall/ -- Knight Capital Group, Inc. (Nasdaq: NITE) today announced that the company has promoted Senior Managing Directors Gary Katcher, Head of Global Fixed Income, and Steven J. Sadoff, Chief Information Officer, to Executive Vice Presidents. Knight's Board of Directors approved the appointments at its regular quarterly meeting January 21, 2009.

Mr. Katcher, 51, joined Knight in July 2008 with the company's acquisition of Libertas Holdings, LLC, renamed Knight Libertas LLC. Founded by Mr. Katcher, Knight Libertas provides trade execution services and investment research to institutions across a broad range of fixed income securities, including high-yield and high-grade corporate bonds, distressed debt, asset-backed and mortgage-backed securities, convertible bonds and syndicated loans.

"Gary is building a terrific business at Knight Libertas, which has allowed Knight to immediately expand our offering across asset classes with institutional fixed income," said Thomas M. Joyce, Chairman and Chief Executive Officer, Knight Capital Group. "Since Knight acquired Libertas in July of 2008, we have been exceptionally pleased with its growth momentum and its contribution to our company. Gary has quickly established himself as a leader at Knight. I am pleased to acknowledge Gary's and Knight Libertas' achievement today with his promotion."

Mr. Sadoff, 45, has been with Knight since April 2002 and is responsible for all technology, information operations, and facilities for the firm. During his tenure, Mr. Sadoff has overseen the buildout and enhancement of Knight's trading floor technology and capacity, electronic market-making infrastructure, and domestic and international facilities.

"Steve has distinguished himself in leading Knight's technology team as it built one of the most robust trading platforms on Wall Street," Mr. Joyce said. "Knight's technology is critical to our success, allowing us to support an outstanding voice operation and expanding electronic side of our hybrid market model. A significant, near-term focus for Steve is to now support Knight's trading technology infrastructure internationally. Steve's guidance and keen business instincts over nearly seven years have made him a key contributor to the organization."

    Biographies


    Gary Katcher
    Executive Vice President, Head of Global Institutional Fixed Income
    Knight Capital Group, Inc.

Gary Katcher, Executive Vice President, Head of Global Institutional Fixed Income, has more than 25 years of fixed income trading experience. He oversees Knight Libertas LLC.

Under Mr. Katcher's direction, Knight Libertas provides trade execution services and investment research across a broad range of fixed income securities, including high yield and high grade corporate bonds, distressed debt, asset-backed and mortgage-backed securities, convertible bonds and syndicated loans. Knight Libertas also provides capital markets services to growing companies in need of financing to support expansion. Prior to joining Knight, Mr. Katcher was the Chief Executive Officer of Libertas Partners LLC, a firm he founded in 2002 and sold to Knight in July 2008.

Mr. Katcher spent more than a decade at Merrill Lynch where he headed high yield trading. His career also includes roles at Royal Bank of Canada, Bear Stearns and E.F. Hutton where he started in 1982 and was eventually promoted to head the high yield desk.

    Mr. Katcher holds an MBA in Finance from New York University.


    Steven J. Sadoff
    Executive Vice President, Chief Information Officer
    Knight Capital Group, Inc.

Steven J. Sadoff, Executive Vice President, Chief Information Officer, oversees all technology, information operations, and facilities for the company. Mr. Sadoff has been with the company since April 2002.

Prior to joining Knight, Mr. Sadoff was the Chief Information Officer for BondBook, responsible for global oversight, strategy, purchasing and implementation of technology. From 1995 until 2000, he was with Merrill Lynch & Co. where for the last two years he was a Director responsible for the technology for the Global Liquidity and Credit businesses in addition to leading e-commerce initiatives. The first three years he was with Merrill Lynch Japan, responsible for front office technology and infrastructure. From 1990 to 1995, Mr. Sadoff was with Lehman Brothers, most recently as a Vice President.

Mr. Sadoff holds a bachelor's degree in computer science, a master's degree in electrical engineering and a doctorate in computer science from Washington University in St. Louis.

About Knight

Knight Capital Group, Inc. (Nasdaq: NITE) is a leading financial services firm that provides electronic and voice access to the capital markets across multiple asset classes for buy-side, sell-side and corporate clients. In Global Markets, we provide market access and trade execution services in nearly every U.S. equity security and a large number of international securities, futures, options, foreign exchange and fixed income. In Asset Management, Knight owns a 51 percent stake in Deephaven Holdings with Deephaven Partners controlling the remaining 49 percent as of February 1, 2008. Deephaven (www.deephavenfunds.com) is a global, multi-strategy alternative investment manager serving institutions and private clients. More information about Knight can be found at www.knight.com.

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 October 30, 2008. Since such statements involve risks and uncertainties, the actual results and performance of the Company may turn out to be materially different from the results expressed or implied by such forward-looking statements. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Unless otherwise required by law, the Company also disclaims any obligation to update its view of any such risks or uncertainties or to announce publicly the result of any revisions to the forward-looking statements made herein. Readers should carefully review the risks and uncertainties disclosed in the Company's reports with the U.S. Securities and Exchange Commission (SEC), including, without limitation, those detailed under the headings "Certain Factors Affecting Results of Operations" and "Risk Factors" in the Company's Annual Report on Form 10-K for the year-ended December 31, 2007 and Quarterly Report on Form 10-Q for the three months ended September 30, 2008, and in other reports or documents the Company files with, or furnishes to, the SEC from time to time. This information should also be read in conjunction with the Company's Consolidated Financial Statements and the Notes thereto contained in the Company's Annual Report on Form 10-K for the year-ended December 31, 2007, and in other reports or documents the Company files with, or furnishes to, the SEC from time to time.

SOURCE  Knight Capital Group, Inc.


CONTACT:  Margaret Wyrwas, Senior Managing Director, Communications,

Marketing Communications & Investor Relations, +1-201-557-6954,

mwyrwas@knight.com, or Kara Fitzsimmons, Director, Media Relations,

+1-201-356-1523, kfitzsimmons@knight.com, or Jonathan Mairs, Vice President,

Corporate, +1-201-356-1529, jmairs@knight.com/

    /Web Site:  http://www.knight.com /
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