Knight Capital Group Senior Managing Director Mony Rueven to Leave Company
01 June 2005 - 3:50AM
PR Newswire (US)
Knight Capital Group Senior Managing Director Mony Rueven to Leave
Company JERSEY CITY, N.J., May 31 /PRNewswire-FirstCall/ -- Knight
Capital Group, Inc. (NASDAQ:NITE) announced today that Mony Rueven,
Senior Managing Director, Broker-Dealer Group, is leaving the
company, effective today. Chairman and Chief Executive Officer
Thomas M. Joyce will oversee broker-dealer operations on an interim
basis while the company searches for a replacement to head the
group, which includes broker-dealer sales and trading. On April 4,
2005, the company announced a restructuring of its Equity Markets
segment designed to better focus efforts to improve each business,
including its broker-dealer operations. About Knight Knight is
focused on meeting the needs of institutional and broker-dealer
clients by providing comprehensive trade execution services in
equities. A leading execution specialist, Knight offers capital
commitment and access to a deep pool of liquidity across the depth
and breadth of the equity market. Knight also operates an asset
management business for institutions and high net worth
individuals. To be a valued partner, Knight strives to provide
superior client service and will continue to tailor its offering to
meet the needs of its clients. More information about Knight can be
obtained at http://www.knight.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 including,
without limitation, the risks and uncertainties detailed under the
headings "Certain Factors Affecting Results of Operations" and
"Risks Affecting our Business" in the Company's Annual Report on
Form 10-K. DATASOURCE: Knight Capital 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 Greta
Morley, Vice President, Marketing Communications & Public
Relations, +1-201-557-6948, or Molly McDowell, Analyst, Corporate
Communications & Investor Relations, +1-201-356-1723, , all of
Knight Web site: http://www.knight.com/
http://www.knighttradinggroup.com/
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