|MARCH 23, 2011|
|Knight Appoints George Sohos Head of Electronic Trading Group|
JERSEY CITY, N.J., March 23, 2011 /PRNewswire via COMTEX/ --
Knight Capital Group, Inc. (NYSE Euronext: KCG) today announced the appointment of George Sohos as Head of Electronic Trading Group (ETG).
Mr. Sohos, 44, joined Knight in 2000 and has been a member of the senior ETG management team since 2005. Most recently, he led the quantitative teams responsible for executing all U.S. and European client order flow. Mr. Sohos will report to Thomas M. Joyce, Chairman and Chief Executive Officer, Knight Capital Group.
"George has been an instrumental part of the growth and development of Knight's Electronic Trading Group from the start," said Mr. Joyce. "As one of the industry's top electronic trading teams, ETG generates the deep, in-house liquidity which is the foundation of Knight's market making and trading. George has a thorough understanding of the role, ETG talent and Knight's strategy. Under his direction, we plan to further expand client market making and principal trading activities across geographies and asset classes."
Knight is one of the world's leading market makers providing liquidity both on- and off-exchange in a broad range of securities. ETG employs sophisticated quantitative models and trading technology to provide clients with deep, natural liquidity in U.S. and European equities, options and foreign exchange. In addition, Knight is consistently ranked at or near the top in all statistical measures of execution quality for U.S. equities.
Head of Electronic Trading Group
George Sohos is responsible for overseeing the Electronic Trading Group (ETG) globally.
Mr. Sohos joined Knight in 2000 and has been a member of the senior ETG management team since 2005. His responsibilities cover all global electronic market making and principal trading across asset classes. Prior to joining Knight, he worked as a software engineer at IBM and as a senior scientist at Enviro Engineering.
Mr. Sohos has a PhD in applied mathematics from the University of Arizona and a bachelor of science in mathematics from Panepistimion Patron in Greece.
Knight Capital Group (NYSE Euronext: KCG) is a global financial services firm that provides access to the capital markets across multiple asset classes to a broad network of clients, including buy- and sell-side firms and corporations. Knight is headquartered in Jersey City, N.J. with a growing global presence across the Americas, Europe, and the Asia-Pacific region. For further information about Knight, please visit 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 changes in market structure, legislative or regulatory rule changes and the costs, risks related to the performance of Knight's Electronic Trading Group, the integration, performance and operation of businesses recently acquired or developed organically, or that may be acquired or developed organically in the future. 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, 2009, "Risk Factors" in the Company's Quarterly Report on Form 10-Q for the quarter-ended March 31, 2010, 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, 2009, and in other reports or documents the Company files with, or furnishes to, the SEC from time to time.
SOURCE Knight Capital Group, Inc.