Knight Capital Group Inc. : Knight Consolidates U.S. Broker-Dealer Subsidiaries
07/02/2012| 08:05am US/Eastern
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JERSEY CITY, N.J., July 2, 2012 /PRNewswire/ -- Knight Capital Group, Inc. (NYSE Euronext: KCG) today announced the consolidation of its U.S. broker-dealer subsidiaries into one entity, effective June 30, 2012.
U.S. broker-dealer subsidiary Knight Capital Americas, L.P. was merged into Knight Execution & Clearing Services LLC (KECS) with KECS as the surviving entity. KECS was then immediately renamed Knight Capital Americas LLC and remains an indirect, wholly-owned subsidiary of Knight Capital Group, Inc.
Knight Capital Americas LLC is a SEC registered broker-dealer, CFTC registered futures commission merchant, and member of FINRA, NFA and other SROs. In addition, Knight Capital Americas LLC is a member of all major domestic exchanges and marketplaces covering stocks, options and futures.
Knight's non-U.S. broker-dealer subsidiaries are Knight Capital Europe Limited and Knight Capital Asia Limited.
About Knight
Knight Capital Group (NYSE Euronext: KCG) is a global financial services firm that provides access to the capital markets across multiple asset classes to a broad network of clients, including broker-dealers, institutions and corporations. Knight is headquartered in Jersey City, N.J. with a global presence across the Americas, Europe, and the Asia Pacific regions. For further information about Knight, please visit www.knight.com.
SOURCE Knight Capital Group, Inc.
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