Knight Introduces Small-and Mid-Cap European Equities Market-Making Desk

JERSEY CITY, New Jersey and LONDON, March 5, 2012 /PRNewswire/ --

Knight Capital Group, Inc. (NYSE Euronext: KCG) today announced the expansion of its market-making business in London to include small-and mid-cap European equities with an initial focus on the UK AIM market.

This new market-making offering will complement Knight's existing electronic services and provide clients' over-sized orders and limit orders with access to Knight's  superior execution quality and lower trading costs. This service will be initially accessible in the UK through various RSP networks and phone, and in due course, via the Equiduct regulated market.

Knight market makers Daniel Dempsey and Nathaniel Peck will co-manage the desk, reporting to Kee-Meng Tan, Managing Director and Head of Knight's Electronic Trading Group in Europe. Mr. Dempsey joins Knight from Matrix Corporate Capital where he was the primary market maker for the natural resources, business services and bio-tech sectors. Mr. Peck is relocating to Knight's London office from the company's headquarters in Jersey City where he managed trading accounts on the broker-dealer market-making desk. This new service is expected to commence in mid-March.

"Clients have been asking us to expand our RSP offering, providing more liquidity in the mid- and small-cap European equities space including quote-driven stocks. On the Continent, liquidity in this sector has decreased as trading fees have risen significantly relative to the more frequently traded large-caps. We believe that Knight's offering will fill a significant gap in the marketplace," Mr. Tan said. "Dan and Nate will be an integral part of our London-based team and important to Knight's efforts to expand our market-making operation throughout Europe."

Knight provides clients with market access and trade execution services in Europe through our London-based trading operations. Knight currently makes markets in more than 1,100 European-listed stocks and is a direct member of more than 20 European exchanges and multilateral trading facilities (MTFs). Knight also is a Retail Service Provider (RSP) in the UK and a retail market maker on the Equiduct regulated market, as well as a liquidity provider on many European trading venues. Knight's market-making business, including the new desk, is operated separately from the company's institutional equities sales and trading business.

For more information, please contact Kee-Meng Tan, Managing Director and Head of the Electronic Trading Group in Europe, at +44-207-997-7778, STX 76544 or ktan@knight.com.

About Knight

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 global presence across the Americas, Europe, and the Asia Pacific region. For further information about Knight, please visit http://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 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 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, 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, 2010, and in other reports or documents the Company files with, or furnishes to, the SEC from time to time.