Knight to Close Equity Options Posts on American Stock Exchange
09 Janeiro 2004 - 9:00AM
PR Newswire (US)
Knight to Close Equity Options Posts on American Stock Exchange
JERSEY CITY, N.J., Jan. 9 /PRNewswire-FirstCall/ -- Knight Trading
Group, Inc. today announced that Knight Financial Products, its
options market-making subsidiary, will close its posts for equity
options trading on the American Stock Exchange (Amex) by the close
of business January 30, 2004. Knight noted today's announcement is
consistent with its previous statements concerning an ongoing
strategic review of its options business. Knight said that the
closing of its Amex posts will not have a significant impact on the
financial results of its options business. Knight currently acts as
a specialist in 74 equity option classes on the Amex. Knight will
release its fourth quarter results on Thursday, January 22, 2004 at
6:00 a.m. (EST). The company will conduct its fourth quarter
earnings conference call for analysts, investors and the media at
8:30 a.m. (EST) that same day. The conference call will be Webcast
live at 8:30 a.m. (EST) for all investors and interested parties on
Knight's Web site (http://www.knighttradinggroup.com/). Knight is
focused on meeting the needs of institutional and broker-dealer
clients by providing comprehensive trade execution services in cash
equities and options. A leading execution specialist, Knight offers
capital commitment and access to a deep pool of liquidity across
the depth and breadth of the market as it strives to provide
superior client service. Knight also maintains a $1.4 billion asset
management business for institutions and high net worth
individuals. More information about Knight can be obtained at
http://www.knighttradinggroup.com/. Certain statements contained
herein constitute "forward-looking statements" within the meaning
of the Private Securities Litigation Reform Act of 1995. These
forward-looking statements are based on current expectations,
estimates and projections about the Company's industry,
management's beliefs and certain assumptions made by management.
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.
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; however, readers
should carefully review reports or documents the Company files from
time to time with the Securities and Exchange Commission.
DATASOURCE: Knight Trading Group, Inc. CONTACT: Margaret Wyrwas,
Senior Managing Director, Corporate Communications & Investor
Relations, +1-201-557-6954, , or Kara Fitzsimmons, Vice President,
Corporate Communications, +1-201-356-1523, , or Judy Pirro, Vice
President, Investor & Shareholder Relations, +1-201-356-1548, ,
or Catherine Smith, Assistant Vice President, Marketing
Communications & Public Relations, +1-201-557-6992, , all of
Knight Trading Group, Inc. Web site:
http://www.knighttradinggroup.com/
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