Knight’s Hotspot FX Named Best Trading Platform for Hedge Funds in the Profit & Loss 2011 Readers’ Choice Digital Markets Awards
By Knight Capital Group Inc., PRNESunday, June 19, 2011
JERSEY CITY, New Jersey, June 20, 2011 -
Knight Capital Group, Inc. (NYSE Euronext: KCG) today
announced that Hotspot FX was named Best Trading Platform for Hedge
Funds among non-bank providers by Profit & Loss magazine
in its voter-driven 2011 Readers’ Choice Digital Markets
Awards.
“We are honored that the readers of Profit & Loss
magazine selected Hotspot FX as the ‘Best Trading Platform for
Hedge Funds’ among non-banks this year,” said John Miesner,
Managing Director and Head of Global Sales for Hotspot FX. ”We
believe that this award is a reflection of the hard work and
determination we have exhibited in creating a diverse and robust FX
marketplace for buy and sell side alike. As the first FX ECN aimed
at the institutional market, Hotspot has remained focused on
ensuring that the institutional and hedge fund community has a
marketplace where it can trade on equal footing with all other
market participants in an anonymous, fast and fair
environment.”
For the fourth consecutive year, Profit & Loss opened
its website in April and May for readers to vote for the best bank,
broker and service providers across 14 key categories. This year,
more than 10,000 votes were registered making it the largest
response to date for the awards. Profit & Loss will list
the award winners in its July/August issue.
Hotspot FX experienced record volumes in May 2011. Average daily
volume reached $67.8 billion in May, up 25% from the previous
month, with total volume of $1.49 trillion and the largest
single-day volume record of $105.4 billion on May 5.
Hotspot FX LLC is a subsidiary of Knight Capital Group, Inc.
Hotspot FX in Europe is a division of Knight Capital Europe
Limited.
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 growing global presence across the
Americas, Europe, and the Asia Pacific region. For further
information about Knight, please visit
href="www.knight.com/">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
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including, without limitation, risks associated with changes in
market structure, legislative or regulatory rule changes and the
costs, risks related to the performance of Knight’s Electronic
Trading Group, 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.
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; or Jonathan Mairs, Vice President, Corporate Communications, +1-201-356-1529, jmairs at knight.com
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