JERSEY CITY, N.J., May 12 /PRNewswire-FirstCall/ -- Knight
Capital Group, Inc. (Nasdaq: NITE) today announced the pending
transfer of its listing of common stock to the New York Stock
Exchange (NYSE), as well as the cross-listing of its common stock
on the Professional Segment of the Paris market of NYSE Euronext.
Knight common stock will begin trading on NYSE Euronext markets
in the U.S. and Paris under the
ticker symbol "KCG" on May 25, 2010.
Until the transfer is complete, Knight's common stock will continue
to trade in the U.S. under the ticker symbol "NITE" on The NASDAQ
Stock Market.
"Knight is a growing, global firm providing market access and
trade execution services across multiple asset classes to buy- and
sell-side clients," said Thomas M.
Joyce, Chairman and Chief Executive Officer, Knight Capital
Group. "Moving to NYSE Euronext will make our stock more accessible
to investors in Europe as well as
support Knight's expansion in the global capital markets. We look
forward to taking our place on the world's leading exchange
alongside our clients and financial services peers."
"We are very excited that Knight has chosen to list its shares
on our U.S. and European markets," said Duncan L. Niederauer, Chief Executive Officer,
NYSE Euronext. "Knight is an industry leader that provides trading
connectivity and liquidity across multiple asset classes globally.
We look forward to a strong and lasting partnership with Knight and
its shareholders."
Trading in Knight's common stock on NYSE Euronext's European
markets will be conducted in Euros. Euroclear will coordinate share
transfers with The Depository Trust Company (DTC). The listing will
not alter Knight's share count, capital structure, or its current
and future stock-listing in the U.S.
In connection with the cross-listing, the French Autorite des
marches financiers ("AMF") today approved Knight's prospectus for
admission to listing and trading on the Professional Segment of the
Paris market of NYSE Euronext, and
granted visa number 10-129, dated May 12,
2010, on the prospectus. This prospectus has been prepared
by Knight Capital Group, Inc. and its signatory accepts the
responsibility for its contents. The attention of investors is
drawn to the risk factors described in the prospectus. On
May 7, 2010, NYSE Euronext approved
Knight's application for listing and trading of its common stock on
the Professional Segment of the Paris market of NYSE Euronext.
Copies of this prospectus may be obtained free of charge from
Knight Capital Group, Inc. at 545 Washington Boulevard,
Jersey City, New Jersey 07310,
U.S.A. and from its paying agent
in France, BNP Paribas Securities
Services (Postal address: GCT – Services aux Emetteurs, Les Grands
Moulins de Pantin, 75450 Paris Cedex 09), and on the websites of
Knight Capital Group, Inc. (www.knight.com) and the
AMF (www.amf-france.org).
About Knight
Knight Capital Group, Inc. (Nasdaq: NITE) is a global financial
services firm that provides market access and trade execution
services across multiple asset classes to buy- and sell-side firms.
Knight's hybrid market model features complementary electronic and
voice trade execution services in global equities and fixed income
as well as foreign exchange, futures and options. The firm is the
leading source of liquidity in U.S. equities by share volume.
Knight also offers capital markets services to corporate issuers.
Knight is headquartered in Jersey City,
NJ with a growing global presence across North America, Europe and the Asia-Pacific region. For more information,
please go to www.knight.com.
About NYSE Euronext
NYSE Euronext (NYX) is a leading global operator of financial
markets and provider of innovative trading technologies. The
company's exchanges in Europe and
the United States trade equities,
futures, options, fixed-income and exchange-traded products.
With approximately 8,000 listed issues (excluding European
Structured Products), NYSE Euronext's equities markets – the New
York Stock Exchange, NYSE Euronext, NYSE Amex, NYSE Alternext and
NYSE Arca – represent one-third of the world's equities trading,
the most liquidity of any global exchange group. NYSE Euronext also
operates NYSE Liffe, one of the leading European derivatives
businesses and the world's second-largest derivatives business by
value of trading. The company offers comprehensive commercial
technology, connectivity and market data products and services
through NYSE Technologies. NYSE Euronext is in the S&P 500
index, and is the only exchange operator in the S&P 100 index
and Fortune 500. For more information, please visit:
http://www.nyx.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 changes in
market structure, legislative or regulatory rule changes, the
costs, integration, performance and operation of businesses
recently acquired or developed organically, or that may be acquired
in the future, by the Company and risks related to the costs and
expenses associated with the Company's exit from the Asset
Management business. 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,
2009, 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, 2009, and in other
reports or documents the Company files with, or furnishes to, the
SEC from time to time.
SOURCE Knight Capital Group, Inc.