| DECEMBER 20, 2011 |
| Knight Capital Group Introduces Secondary Direct Trading Offering With GreenCrest Capital Management |
As part of the advising and consulting agreement, Knight and GreenCrest will work together to offer access to the secondary direct market, which provides liquidity to venture capital and private equity firms, company management, employees and other investors in private companies. Knight will draw on GreenCrest Capital's expertise in identifying and analyzing leading private companies to source securities through in-depth relationships with company management and shareholders. At the same time, clients have access to Knight's trading and distribution channels, allowing institutions to invest in private companies and companies to raise private capital and provide liquidity for their employees and shareholders. "We see tremendous potential in the secondary direct market, and in speaking with our clients, know that there is great interest in the opportunities this alliance will present," said "We are excited to work with Knight to serve mutual funds, hedge funds, family offices and other sophisticated investors who are looking to take part in the secondary direct market," said About Knight 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 related to the corporate restructuring in the third quarter 2011, including the ability to recognize anticipated cost savings, the possibility of unexpected costs or expenditures, and the impact of the restructuring on the Company's businesses and results of operations, risks associated with changes in market structure, legislative, regulatory and financial rules changes, risks associated with the Company's changes to its organizational structure and management and the costs, 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
SOURCE CONTACT: Margaret Wyrwas, Senior Managing Director, Communications, Marketing, & Investor Relations, +1-201-557-6954, mwyrwas@knight.com, or Kara Fitzsimmons, Managing Director, Media Relations, +1-201-356-1523, kfitzsimmons@knight.com, or Jonathan Mairs, Director, Corporate Communications, +1-201-356-1529, jmairs@knight.com |