Knight Capital Group Adds European Equities and Foreign Exchange Capabilities to Knight Direct EMS

"Knight offers an expansive solution for electronic, global trading including direct market access to major European exchanges, low-latency market data and a host of sophisticated functionality such as portfolio trading," said Joseph Wald, Managing Director, Direct Trading Institutional, L.P., a subsidiary of Knight Capital Group. "Institutional traders seeking self-directed connectivity to a wide range of liquidity destinations in a post-MiFID environment can look to our expertise and technology to address their needs."

With direct market access to most European exchanges, Knight Direct EMS offers native functionality in each exchange and market, giving U.S. and European traders powerful liquidity management solutions in dealing with fragmentation of the European equities marketplace.

In addition to the European equities trading capabilities, Knight has added electronic access to the spot foreign exchange market through subsidiary Hotspot FX, making Knight Direct EMS a virtual one-stop shop for flexible trading capabilities in multiple asset classes. Hotspot provides access to trading in 48 currency pairs as well as gold and silver through a transparent ECN model which supports enhanced trade execution management and transaction cost analysis as well as alpha generation.

"With newly added capabilities in European ordinaries and currencies, Knight Direct EMS offers a robust platform to asset managers and hedge funds seeking self-directed trading solutions to efficiently source liquidity across multiple asset classes," said Mr. Wald.

Knight Direct EMS is offered through Knight’s subsidiaries, Direct Trading Institutional, L.P. and Knight Equity Markets International Ltd.

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 andcorporate clients, and asset management for institutions and private clients. Our Global Markets bus iness provides 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. We offer igh-quality trade executions through natural liquidity, capital facilitation and trading technology, with comprehensive products and services that support alpha creation and capital formation. Our Asset Management business, Deephaven Capital Management, is a global multi-strategy alternative investment manager focused on delivering attractive risk-adjusted returns with low correlation to the broader markets.
www.knight.com