JERSEY CITY, N.J., March 13 /PRNewswire-FirstCall/ -- Knight Capital
Group, Inc. (Nasdaq: NITE) today released U.S. equity volume statistics for
the month of February 2009 at http://www.knight.com/ourfirm/volumestats.asp on
its website.
About Knight
Knight Capital Group, Inc. (Nasdaq: NITE) is a leading financial services
firm that provides electronic and voice access to the global capital markets
across multiple asset classes for buy-side, sell-side and corporate clients,
and asset management for institutions and private clients. In Global Markets,
we provide market access and trade execution services in nearly every U.S.
equity security and a large number of global equities and fixed income,
foreign exchange, futures and options. Our approach to trading combines deep
liquidity with robust trading technology and capital facilitation, when
necessary, to deliver high quality trade executions consistent with
client-defined measures. In Asset Management, we are currently in the process
of preparing to exit this business. Our Asst Management segment consists of
our 51% ownership of Deephaven Holdings, the parent company of Deephaven, a
global multi-strategy alternative investment manager. For information on our
plan to exit from our Asset Management segment, refer to the Form 8-K
furnished by the Company on January 27, 2009 and the Form 8-K filed by the
Company on February 26, 2009. 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 (i) the costs, integration,
performance and operation of businesses recently acquired, or that may be
acquired in the future, by the Company, (ii) 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 of certain funds announced in the Form 8-K furnished by the
Company on October 30, 2008, (iii) the announcement that the assets of the
Asset Management business will be sold as described in the Form 8-K furnished
by the Company on January 27, 2009, and (iv) the announcement regarding
estimated costs associated with the Company's exit from the Asset Management
business as described in the Form 8-K filed by the Company on February 26,
2009. 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, 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, 2008, 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 & 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
Communications, +1-201-356-1529, jmairs@knight.com
Web Site: http://www.knight.com
http://www.knight.com/ourfirm/volumestats.asp
(NITE)
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