PRESS RELEASES

MAY 2, 2003
Knight to Host Meeting Monday May 5, 2003 for Analysts and Institutional Investors
Live Broadcast of Management Presentations Available at Company Web Site

JERSEY CITY, N.J., May 2, 2003 /PRNewswire-FirstCall via COMTEX/ -- Knight Trading Group, Inc. (Nasdaq: NITE) announces that it will offer a live Webcast of its analyst and institutional investor meeting to be held on Monday, May 5, 2003. Detailed instructions for accessing the Webcast are available on the company Web site at www.knighttradinggroup.com.

The Webcast begins at 11:00 a.m. (EDT) on Monday, May 5, 2003, and concludes at approximately 12:15 p.m. (EDT) that day.

Knight is focused on meeting the needs of institutional and broker-dealer clients by providing comprehensive trade execution services in cash equities and options. A leading execution specialist, Knight offers capital commitment and access to a deep pool of liquidity across the depth and breadth of the market as it strives to provide superior client service. Knight also maintains a $1 billion asset management business for institutions and high net worth individuals. More information about Knight can be obtained at www.knighttradinggroup.com.

Certain statements contained herein constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations, estimates and projections about the Company's industry, management's beliefs and certain assumptions made by management. 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. 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; however, readers should carefully review reports or documents the Company files from time to time with the Securities and Exchange Commission.

Margaret Wyrwas, Senior Vice President, Corporate Communications & Investor Relations, +1-201-557-6954, or mwyrwas@knighttrading.com, or Judy Pirro, Manager, Investor and Shareholder Relations, +1-201-356-1548, or jpirro@knighttrading.com, or Kara Fitzsimmons, Vice President, Corporate Communications, +1-201-356-1523, or kfitzsimmons@knighttrading.com, all of Knight Trading Group, Inc.

SOURCE Knight Trading Group, Inc.
http://www.knighttradinggroup.com


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The matters described within the Investor Relations section of the Knight Capital Group (the "Company") Web site contain forward-looking statements that are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve a number of risks, uncertainties or other factors beyond the Company's control, which could cause actual results to differ materially from historical results, performance or other expectations and from any opinions or statements expressed with respect to future periods. These factors include, but are not limited to, the Company's ability to implement its growth strategies, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk, intellectual property rights, and other factors detailed in the Company's registration statement and periodic reports filed with the Securities and Exchange.

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