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[ICEQUITY]

STREET MOVES:Key Electronic Trading Execs Leave Knight Capital
By Donna Kardos Yesalavich
Of DOW JONES NEWSWIRES
[e-mail]

NEW YORK (Dow Jones)--Knight Capital Group Inc. (KCG) announced the departure of two key executives Monday in a move that will leave a substantial hole in the financial-services firm's electronic trading group.

Jamil Nazarali is resigning from his post as senior managing director of Knight Capital Americas, responsible for the company's electronic trading group, while Matt Cushman is leaving his position as managing director in the electronic trading group, Knight said. Cushman's departure comes as he was in the midst of heading a push into options for Knight.

A spokeswoman said the company could not elaborate on the resignations beyond a press release announcing the moves.

In the release, the company said it will immediately begin searching for a successor to lead its electronic trading group. It appointed Steven Sadoff, executive vice president and head of operations, services and technology, to oversee the electronic trading group during the transition period.

Knight also noted that "the company has built a strong bench of talent in its [electronic trading] business, with a team of quantitative strategists, developers, traders and sales people."

-By Donna Kardos Yesalavich, Dow Jones Newswires; 212-416-2188; [e-mail]

http://online.wsj.com/article/BT-CO-20110228-712100.html

I just emailed Donna Kardos Yesalavich at DOW JONES NEWSWIRES, and this is what I wrote.

Thanks Donna for that story, there were many applauds by penny investors down here in the trading trenches. Did the Electronic Trading Execs Leave Knight Capital have anything to do with the new Finra (Short Sale Delivery Requirements)? http://www.finra.org/Industry/Regulation/RuleFilings/2010/P121522

EQUITIES IRHub Stock Message Board on http://investorshub.advfn.com/
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60477496

In my opinion Knight Capital has help tarnish the market, investors look forward to a more fair and transparent Wall Street. Here is just one example how Knight Capital had diluted stocks with phantom shares and robbed many investors, by naked short selling unknown OTC companies like.... HESG

(HESG) Health Sciences Group@.0001 - Cannabis Sector

Market Maker NITE's total share volume traded in 2009 was 102,111,888,865.

HESG Traded Volume in 2009 Traded by NITE alone for HEALTH SCIENCES GR was 21,362,816,942.

21% of NITE's total traded volume??? 21% of all NITE's OTC trades in 2009 were in just one stock?
http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=mp&Issue=NITE&SortBy=volume&Month=12-1-2009&IMAGE1.x=22&IMAGE1.y=5

Doesn't that sound a little strange 21% of all Knight Capitals OTC trades are in ONE stock, especially when there are over 10,010 securities in the OTC Markets? http://www.otcmarkets.com/home

(HESG.PK) Last Reported Share Structure
Outstanding Shares - 2,200,000,000 as of Mar 9, 2009
Holders of Record - 187 as of Dec 8, 2008
Float - 600,000,000 as of Mar 9, 2009

Numbers are much, much larger for HESG trades by all market makers combined from 2009 - 2011.... Knight Capital just happens to be the biggest trader of them all.

Thank you Donna Kardos Yesalavich Of DOW JONES NEWSWIRES for shedding some Light on Knight!
Mic Stockwell