Knight Appoints Bradley W. Duke Head of Institutional Electronic Sales in Europe

JERSEY CITY, N.J. and LONDON, July 16  /PRNewswire-FirstCall/ -- Knight Capital Group, Inc. (NASDAQ:NITE) today announced the appointment of Bradley W. Duke to the newly-created position of Managing Director, Head of Institutional Electronic Sales in Europe. Mr. Duke joined Knight from Jefferies & Company, Inc. where he worked in European institutional electronic sales and business development for the past eight years.

Mr. Duke is responsible for overseeing sales of Knight's electronic market access and trade execution services to European-based institutional firms, including asset managers, hedge funds, pension funds, broker-dealers insurance companies and banks.

"Europe is one of Knight's critical areas for growth over the next several years," said Gregory C. Voetsch, Executive Vice President and Head of the Institutional Group. "We believe that Knight's expansion of our electronic capabilities in Europe will be fully complementary to our best-in-class voice trade execution services. Knight has a significant traditional sales trading presence out of London, and now we are turning our eye to increasing our electronic trading reach in Europe as well. Knight is committing considerable resources to our European expansion, including hiring talent with in-depth knowledge of European market structure."

Through its hybrid market model, Knight provides clients the choice of market access and high-quality executions through the combination of electronic and voice access and trade execution services. The European trade execution industry is facing increasing liquidity fragmentation following the implementation of the Markets in Financial Instruments Directive (MiFID) in November 2007, and the increasing adoption of electronic access and trading. Knight's institutional electronic offering includes Knight Direct EMS, a multi-asset class direct market access platform; EdgeTrade algorithmic strategies, including smart order execution technologies; Knight Match, an anonymous, agency-only dark pool for U.S. equities; and the Hotspot FX foreign exchange ECN.

Knight is a direct member of nine European exchanges, including NYSE Euronext, Deutsche Bourse and the London Stock Exchange. The company continues to add access to major liquidity pools in Europe, including newly established multi-lateral trading facilities (MTFs).

"The liquidity within the European trade execution industry is becoming increasingly fragmented post-MiFID," Mr. Duke said. "Knight has an opportunity to apply its vast knowledge of sourcing liquidity to the European context. European traders are already looking for more advanced electronic trading platforms that include next-generation aggregation algorithms coupled with direct market access technology. To meet demand, Knight will be rolling out Knight Direct EMS and EdgeTrade algorithms, tailored for the European client and markets, in the coming months."

Mr. Duke is based in the London office at Guildhall House, 81-87 Gresham Street, London, phone [phone] and fax [phone].

  Biography

  Bradley W. Duke
  Managing Director, Head of Institutional Electronic Sales in Europe
  Knight Equity Markets International Limited



Bradley W. Duke, 39, joined Knight from Jefferies where he was Senior Vice President and Head of Electronic Trading Services for Jefferies International Limited based in London.

Mr. Duke joined Helfant Group, Inc. in 2000, prior to the firm's acquisition by Jefferies in 2001. He was Vice President, Business Development for Jefferies Execution Services in New York before taking on the electronic trading services role in London. Mr. Duke also has held various sales, marketing and business analysis positions at technology firms in the U.S. and Europe.

Mr. Duke has a certificate in Business-to-Business Marketing Strategy from Harvard Business School, an MBA from Vrije Universiteit Brussels and a BA in Economics from the University of Cape Town.

About Knight

Knight Capital Group, Inc. (NASDAQ:NITE) is a leading financial services firm that provides electronic and voice access to the capital markets across multiple asset classes for buy-side, sell-side and corporate clients. In Global Markets, we provide market access and trade execution services in nearly every U.S. equity security and a large number of international securities, futures, options, foreign exchange and fixed income. In Asset Management, Knight owns a 51 percent stake in Deephaven Holdings with Deephaven Partners controlling the remaining 49 percent as of February 1, 2008. Deephaven (http://www.deephavenfunds.com/) is a global, multi-strategy alternative investment manager serving institutions and private clients. More information about Knight can be found at 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 associated with the costs, integration, performance and operation of businesses recently acquired, or that may be acquired in the future, by the Company. 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. 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, 2007, 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, 2007, and in other reports or documents the Company files with, or furnishes to, the SEC from time to time. 

DATASOURCE: Knight Capital Group, Inc.



CONTACT:  CONTACTS:  Margaret Wyrwas, Senior Managing Director,

Communications, Marketing & Investor Relations, [phone],

, or Kara Fitzsimmons, Director, Media Relations,

[phone], , or Mary Gilbert, Vice President,

Marketing Communications, Broker-Dealer Group, [phone],

, or Ludwig Marek, Vice President, Marketing

Communications, Institutional Group, [phone], , all

of Knight Capital Group, Inc.



Web Site:  http://www.knight.com/ 

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