GREENWICH, Conn. and JERSEY CITY, N.J., April 14 /PRNewswire-FirstCall/ --
Knight Libertas LLC, a subsidiary of Knight Capital Group, Inc. (Nasdaq:
NITE), today announced the appointment of Terran A. Miller as Director, Fixed
Income Research. Knight Libertas is an institutional fixed income
broker-dealer providing trade execution, investment research and capital
markets services across a broad range of fixed income securities.
"At Knight Libertas, the quality of our fixed income research provides the
foundation for attracting institutional clients," said Gary Katcher, Executive
Vice President, Head of Global Institutional Fixed Income, Knight Capital
Group. "Under the leadership of Tim Daileader, Director of Research, the team
works with a level of detail and insight on an issuer's capital structure that
is unparalleled in the fixed income industry. As a highly-regarded analyst
with a proven track record, Terran is an excellent addition to our team."
Mr. Miller joined Knight Libertas from UBS where he was Executive Director
of UBS - Global Credit Strategies. During his career, Terran has been named to
the Institutional Investor All-America Corporate Bond Research Team a total of
eleven times. At Knight Libertas, he is responsible for research covering
domestic and international utilities and independent power producers as well
as special situations which he has been covering since the 1980s.
Knight Libertas Fixed Income Research produces fundamental investment
research that starts with valuation and reaches across an issuer's capital
structure which includes bank debt, corporate bonds, convertible bonds,
preferred shares and common stock. The research staff publishes in-depth
reports on bank debt, corporate bonds and hybrid securities within the
high-yield, distressed and high-grade/crossover fixed income segments.
Coverage sectors across the U.S. and emerging markets include financials;
autos; REITS; retail; consumer products; tobacco; paper and packaging;
telecom, media and technology (TMT); restaurants; food; industrials; energy;
chemicals; metals and mining; utilities and independent power producers.
Knight Libertas Fixed Income Research comprises eight senior research analysts
with an average of eighteen years experience. In addition, there are two
senior trading strategists, with an average of twenty-four years experience.
Mr. Miller is based in the Greenwich office, phone 203.422.0737 or
tmiller@knight.com.
Biography
Terran A. Miller, CFA
Director
Knight Libertas LLC
Terran A. Miller, CFA, Director, is responsible for research covering
domestic and international utilities and independent power producers as well
as special situations (debt and equity).
Mr. Miller joined Knight Libertas in March 2009 from UBS where he was
Executive Director of UBS - Global Credit Strategies, developing investment
ideas in the electric utility, IPP, coal and energy sectors. At UBS, Terran
also served for six years as Executive Director at UBS Investment Bank. He has
held positions in credit research at CSFB / DLJ, Merrill Lynch, Drexel Burnham
Lambert and Standard & Poor's. Between 1989 and 2006, Terran was named to the
Institutional Investor All-America Corporate Bond Research Team a total of
eleven times.
Terran received a bachelor of science in business administration, with a
major in finance and minor in economics, from Georgetown University. A CFA
charter holder, he currently holds Series 7 and 63 licenses.
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.
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. We recently exited the Asset
Management business, which had consisted of our 51% ownership of Deephaven
Holdings, the parent company of Deephaven, a global multi-strategy alternative
investment manager. For information regarding our exit from our Asset
Management segment, refer to the Form 8-K's furnished by the Company on
January 27, 2009 and April 1, 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, and (ii) the closing of the sale of
the assets of the Asset Management business and costs and expenses associated
with the Company's exit from the Asset Management business. 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
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, all of Knight Capital
Group, Inc.
/Web Site: http://www.knight.com
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