PRESS RELEASES

NOVEMBER 5, 2004
Knight Trading Group to Host Meeting Monday, November 8, 2004 for Analysts and Institutional Investors

Live Broadcast of Management Presentations Available at Company Website

JERSEY CITY, N.J., Nov. 5 /PRNewswire-FirstCall/ -- 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, November 8, 2004.

Detailed instructions for accessing the webcast are available on the company's website at http://www.knighttradinggroup.com or directly at http://www.corporate-ir.net/ireye/ir_site.zhtml?ticker=NITE&script=1010&item_id=964804.

The webcast begins at 10:30 a.m. (ET) on Monday, November 8, 2004, and concludes at approximately 12:00 p.m. (ET) that day.

Knight is focused on meeting the needs of institutional and broker-dealer clients by providing comprehensive trade execution services in equities. A leading execution specialist, Knight offers capital commitment and access to a deep pool of liquidity across the depth and breadth of the equity market. Knight also operates an asset management business for institutions and high net worth individuals. To be a valued partner, Knight strives to provide superior client service and continues to tailor its offering to meet the needs of its clients. More information about Knight can be obtained at http://www.knighttradinggroup.com.

SOURCE Knight Trading Group, Inc. -0- 11/05/2004 /CONTACT: Margaret Wyrwas, Senior Managing Director, Corporate Communications & Investor Relations, +1-201-557-6954 or mwyrwas@knighttrading.com, Greta Morley, Assistant Vice President, Marketing Communications & Public Relations, +1-201-557-6948 or gmorley@knighttrading.com, Kara Fitzsimmons, Vice President, Corporate Communications, +1-201-356-1523 or kfitzsimmons@knighttrading.com, Molly McDowell, Analyst, Corporate Communications & Investor Relations, +1-201-356-1723 or mmcdowell@knighttrading.com, all of Knight Trading Group, Inc./ /Web site: http://www.knighttradinggroup.com / (NITE)


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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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