Replies to post #825 on NSS ~ Counterfeiting Stock ~ MM Games Played

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DECEMBER 31, 2010

Knight Consolidates U.S. Broker-Dealer Subsidiaries
Forms successor subsidiaries Knight Capital Americas, L.P. and Knight Execution & Clearing Services LLC
JERSEY CITY, N.J., Dec. 31, 2010 /PRNewswire via COMTEX/ --

Knight Capital Group, Inc. (NYSE Euronext: KCG) today announced the consolidation of U.S. broker-dealer subsidiaries into two entities, Knight Capital Americas, L.P. and Knight Execution & Clearing Services LLC, effective January 1, 2011.


"As we continue to grow and evolve, we're working to strengthen the Knight brand in the global marketplace," said Thomas M. Joyce, Chairman and Chief Executive Officer, Knight Capital Group. "Rationalizing the U.S. corporate structure is a move toward simplifying the organization and presentation of the client offering."

Knight will merge Knight Capital Markets LLCand Knight Libertas LLC into Knight Equity Markets, L.P., which will be renamed Knight Capital Americas, L.P. Similarly, Knight will merge Knight BondPoint, Inc. and Knight Direct LLC into Knight Clearing Services LLC, which will be renamed Knight Execution & Clearing Services LLC.

Knight Capital Americas, L.P. and Knight Execution & Clearing Services LLC are registered with the SEC and are members of FINRA and other SROs. In addition, Knight's U.S. broker-dealers are members of all major domestic exchanges and marketplaces covering stocks, options and futures.

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Knight's non-U.S. broker-dealer subsidiaries are Knight Capital Europe Limited and Knight Capital Asia Limited.

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Keep Following the Money!

DECEMBER 31, 2010

Knight Completes Acquisition of the DMM and LMM Units of Kellogg Capital Markets
Knight greatly expands market-making activities in equities and ETFs on the NYSE, NYSE Amex and NYSE Arca platforms
JERSEY CITY, N.J., Dec. 31, 2010 /PRNewswire via COMTEX/ --

Knight Capital Group, Inc. (NYSE Euronext: KCG) today announced the completion of the acquisition of the Designated Market Maker and Lead Market Maker units of Kellogg Capital Markets, LLC. Terms of the acquisition were not disclosed.


"We are pleased to acquire the market-making units of Kellogg Capital Markets and increase our responsibilities at the New York Stock Exchange," said Thomas M. Joyce, Chairman and Chief Executive Officer, Knight Capital Group. "The addition strengthens Knight's core in U.S. equities including ETFs. We are exceptionally well qualified, given our history and capabilities, to join the select group of market makers at the world's leading exchange."

Kellogg Capital Markets is a former subsidiary of Kellogg Group, LLC. At the start of trading on January 3, 2011, Knight will assume responsibility for making markets in approximately 765 NYSE- and NYSE Amex-listed securities as well as 400 exchange-traded funds and structured products on NYSE Arca. In connection with the close of the acquisition, Kellogg's Charles P. Dolan was named Managing Director, Head of Knight's DMM operations.

"Knight's new DMM team has an extraordinary opportunity to combine exceptional client service with premier market-making technology," said Dolan. "We are focused on working to form deeper and more liquid markets for the benefit of our issuers, investors and the overall market."

Knight operates as a market maker in NYSE, NYSE Amex, NASDAQ and OTC Bulletin Board securities.

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