Knight Appoints Didier Bankole Vice President of Sales for the Electronic Trading Group in Europe
By Knight Capital Group Inc., PRNESunday, April 11, 2010
JERSEY CITY, New Jersey and LONDON, April 12, 2010 - Knight Capital Group, Inc. (Nasdaq: NITE) today announced the appointment
of Didier Bankole to Vice President of Sales for the Electronic Trading Group
(ETG) in Europe. Mr. Bankole will lead the sales effort across continental
Europe for Knight Link, which provides institutional and retail
broker-dealers with access to Knight's liquidity in more than 700 European
equities.
Mr. Bankole joined Knight from NYSE Euronext where he was in charge of
Global Account Management as well as additional responsibilities for NYSE
ARCA Europe as Market Structure Manager. Prior to that, he was Deputy
Director, Head of Prospect Management at Euronext Paris SA.
"Knight Link has an established footprint in the U.K. both in the
institutional and the retail space, and we believe investors across Europe
can also benefit from its liquidity and quality executions," Kee-Meng Tan,
Managing Director and Head of the Electronic Trading Group in Europe. "Didier
brings considerable experience to our expansion efforts on the continent
where we look to raise our profile among broker-dealers and institutions and
further highlight our market-making ability."
Officially launched in Europe in November 2009, Knight Link offers rapid
order execution in a broad and growing range of pan-European large- and
mid-cap equities. Knight Link provides institutional and retail
broker-dealers access to Knight's unique liquidity, quality executions with
high fulfillment rates, and low cost on a low-latency platform. Knight Link
makes markets in more than 700 European-listed stocks including those in the
UK, France, Belgium, Netherlands, Germany, Italy and Switzerland.
"The Knight Link model offers broker-dealers across continental Europe an
opportunity to improve execution quality for their retail customers," Mr.
Bankole said. "I look forward to showcasing Knight's strengths in volume and
breadth of securities traded to new clients and helping to drive greater
activity in Knight Link."
The UK Financial Services Authority authorises and regulates Knight Link
as a Systematic Internaliser, in accordance with the Markets in Financial
Instruments Directive. Knight Link is a Retail Services Provider (RSP) in the
UK and a retail market maker on Equiduct's PartnerEx platform. Knight Link
helps clients to achieve MiFID-mandated best execution requirements through a
combination of high-quality stock execution and low transaction costs. This
new source of liquidity for Europe is made possible by Knight's extensive
market-making operation as well as Knight's access to the full range of
trading venues in Europe.
Mr. Bankole is based in Knight's London office at 55 Basinghall Street,
6th Floor, London EC2V 5DU, United Kingdom, phone +44(0)20-7997-7823 and fax
+44-20-7997-7788.
Biography
Didier Bankole Vice President Knight Equity Markets International Limited
Didier Bankole is Vice President of Sales for the Electronic Trading
Group in Europe with responsibility for overseeing sales for Knight Link in
continental Europe. He is an expert in continental European exchanges.
Mr. Bankole joined Knight in February 2010 from NYSE Euronext where he
was in charge of Global Account Management as well as additional
responsibilities for NYSE ARCA Europe as Market Structure Manager. Prior to
that, he was at Euronext Paris SA where most recently he was Deputy Director,
Head of Prospect Management and, previously, Co-Head of the Membership
Department for the firm. Prior to joining Euronext Paris, he worked in legal,
audit, regulation and membership positions for MATIF SA.
Didier has a MBA and a master's in international capital markets from
University of Paris-Dauphine, as well as a bachelor's and master's in
economic sciences from University Paris X-Nanterre.
About Knight
Knight Capital Group, Inc. (Nasdaq: NITE) is 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.
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
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integration, performance and operation of businesses recently acquired, or
that may be acquired in the future, by the Company, and risks associated with
the unprecedented current market conditions and the resulting volatility,
credit tightening and counterparty risk, as well as the negative effect on
performance and assets under management in our Asset Management business and
the suspension of redemptions and withdrawals announced in the Form 8-K filed
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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
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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.
Belinda Morris, Public Relations Contact for Knight in Europe, +44 (0)20-7-395-7176; Belinda.morris at fleishmaneurope.com; Margaret Wyrwas, Senior Managing Director, Communications, Marketing & Investor Relations, +1-201-557-6954, mwyrwas at knight.com; Kara Fitzsimmons, Director, Media Relations, +1-201-356-1523, kfitzsimmons at knight.com; Jonathan Mairs, Vice President, Corporate Communications, +1-201-356-1529, jmairs at knight.com; Mary Gilbert, Vice President, Marketing Communications, +1-201-386-2825, mgilbert at knight.com
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