|APRIL 16, 2009|
|Knight Libertas Appoints John C. Price as Managing Director|
GREENWICH, Conn. and JERSEY CITY, N.J., April 16 /PRNewswire-FirstCall/ -- Knight Libertas LLC, a subsidiary of Knight Capital Group, Inc. (Nasdaq: NITE - News), today announced the appointment of John C. Price as Managing Director, Head of U.S. Dollar Bank Capital Securities. 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.
During his 22 year career, Mr. Price has held a variety of senior roles in the Fixed Income credit arena. John joined Knight Libertas from Merrill Lynch where he was most recently Managing Director, Head of Single Name Credit Trading for High Yield and High Grade Bonds. He previously held positions in fixed income trading at Lehman Brothers and Morgan Stanley.
"Knight Libertas is well positioned to add new products for our clients and attract exceptional talent due to the opportunity presented by the disruption on Wall Street," said Gary Katcher, Executive Vice President, Head of Global Institutional Fixed Income, Knight Capital Group. "I'm excited to welcome an individual of John's stature within the fixed income industry to Knight Libertas. The trading skills, institutional relationships and team management experience he brings are first rate."
At Knight Libertas, John is responsible for trading and origination across Hybrid Securities, Preferred Shares and Tier I Bonds. He reports to Mr. Katcher.
Mr. Price is based in the Greenwich office, phone 203.629.1097 and email@example.com.
John Price, Managing Director, Head of U.S. Dollar Bank Capital Securities is responsible for trading and origination across Hybrid Securities, Preferred Shares and Tier I Bonds.
Mr. Price joined Knight Libertas in April 2009 from Merrill Lynch where he spent eight years, most recently as Managing Director, Head of Single Name Credit Trading. Prior to that, John was a Senior Vice President in Institutional Corporate & Preferred Trading at Lehman Brothers, where he spent 10 years. He began his career as an Associate in fixed income trading at Morgan Stanley.
John received a bachelor of science, with a major in management and a minor in finance, from Binghamton University. He currently holds Series 7, 63, 24 and 55 licenses.
Knight Capital Group, Inc. (Nasdaq: NITE - News) 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 April 1, 2009 and 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, 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.