Press Releases
Knight Capital Group To Transfer Listing To NYSE, Cross-List On NYSE Euronext
JERSEY CITY, N.J., May 12 /PRNewswire-FirstCall/ -- Knight Capital Group, Inc. (Nasdaq: NITE) today announced the pending transfer of its listing of common stock to the New York Stock Exchange (NYSE), as well as the cross-listing of its common stock on the Professional Segment of the Paris market of NYSE Euronext.
Knight common stock will begin trading on NYSE Euronext markets in the U.S. and Paris under the ticker symbol "KCG" on May 25, 2010. Until the transfer is complete, Knight's common stock will continue to trade in the U.S. under the ticker symbol "NITE" on The NASDAQ Stock Market. "Knight is a growing, global firm providing market access and trade execution services across multiple asset classes to buy- and sell-side clients," said Thomas M. Joyce, Chairman and Chief Executive Officer, Knight Capital Group. "Moving to NYSE Euronext will make our stock more accessible to investors in Europe as well as support Knight's expansion in the global capital markets. We look forward to taking our place on the world's leading exchange alongside our clients and financial services peers." "We are very excited that Knight has chosen to list its shares on our U.S. and European markets," said Duncan L. Niederauer, Chief Executive Officer, NYSE Euronext. "Knight is an industry leader that provides trading connectivity and liquidity across multiple asset classes globally. We look forward to a strong and lasting partnership with Knight and its shareholders." Trading in Knight's common stock on NYSE Euronext's European markets will be conducted in Euros. Euroclear will coordinate share transfers with The Depository Trust Company (DTC). The listing will not alter Knight's share count, capital structure, or its current and future stock-listing in the U.S.TheStreet Premium Services
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