Knight Trading Group Names Gregory C. Voetsch Executive Vice President of Equity Sales & Trading Senior Managing Director Glenn T. Callen to Oversee New Special Situations Trading Desk JERSEY CITY, N.J., April 12 /PRNewswire-FirstCall/ -- Knight Trading Group, Inc. today announced that it has named Gregory C. Voetsch Executive Vice President of Equity Sales and Trading. Mr. Voetsch, 42, is adding management of Knight's trading operations to his current responsibilities, whichinclude sales as well as Knight's institutional and broker-dealer client groups. He joined Knight from Salomon Smith Barney in September 2002 to the lead the company's institutional client group. He was appointed Executive Vice President of Equity Sales, his previous title, in June 2003. The company also announced that Glenn T. Callen will oversee a newly created special situations trading group. After more than 15 years with Merrill Lynch & Co., Mr. Callen, 42, joined Knight in July 2002 as Senior Managing Director of Cash Equity Trading and restructured Knight's cash equity trading operations. His responsibilities are now being shifted to develop a new component of Knight's cash equity trading business for Knight's institutional clients. "Greg is a proven leader who has had a tremendous impact on Knight's progress over the last 18 months, particularly in increasing client awareness of and respect for Knight's institutional sales and trading offering," said Thomas M. Joyce, Chief ExecutiveOfficer and President of Knight Trading Group. "And Glenn, among his other achievements, was instrumental in overseeing the introduction of sector coverage to our trading floor, which has allowed Knight to provide more timely information to clients for smarter and more efficient trading. Greg and Glenn will work together closely as the company explores new initiatives to help grow Knight's institutional business." Knight is focused on meeting the needs of institutional and broker-dealer clients byproviding 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 $1.6 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 containedherein 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 resultof 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, , all of Knight Trading Group, Inc. Web site: http://www.knighttradinggroup.com/

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