This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Knight EVP And CFO Steven Bisgay Adds Responsibility As Chief Operating Officer

As part of a continuing review of technology operations, Knight has initiated an internal and external search for a Chief Technology Officer to report to Mr. Bisgay. During the search process, Managing Director Michael Tobin, a 12-year veteran of Knight, will serve as interim CTO. Knight has also begun an external search for an Operational and Technology Risk Manager to report to Mr. Strauss.

In addition, Executive Vice President Steven Sadoff will transition to building the firm's correspondent clearing, prime brokerage and futures businesses from overseeing operations, services and technology.

" Steven Sadoff has led several critical initiatives at Knight including the buildout of Knight's trading floor technology, networking infrastructure and clearing operations," said Mr. Joyce. "I'm excited about Knight's clearing-focused initiatives, which I've asked Steve to lead, as they leverage Knight's execution capabilities to expand our client offering."


Steven BisgayExecutive Vice President, Chief Operating Officer and Chief Financial OfficerKnight Capital Group, Inc.

Steve Bisgay is responsible for all financial and operational aspects of the firm. He has more than 20 years of experience in the securities and financial services industries.

Mr. Bisgay has been Chief Financial Officer of the Company since August 2007. Prior to his appointment, Mr. Bisgay was the Managing Director, Business Development for the Company since November 2005. Previously, Mr. Bisgay was the Group Controller for the Company since June 2003 and the Director of Internal Audit for the Company since June 2001. Mr. Bisgay is a certified public accountant and was a Senior Manager in the Financial Services Industry Practice at the accounting firm of PricewaterhouseCoopers LLP from 1989 to 2001. Mr. Bisgay served on the Board of Managers of Direct Edge Holdings LLC from July 2007 to December 2008, and currently serves as a member of the Finance and Audit Committee of the Board of Managers of Direct Edge Holdings LLC.

Mr. Bisgay received a bachelor of science in accounting from Binghamton University and a master of business administration from Columbia University.

Brian S. Strauss Managing Director, Chief Risk Officer Knight Capital Group, Inc.

Brian Strauss oversees all credit, market and operational risk management at Knight and has more than 25 years of capital markets credit and risk experience.

Mr. Strauss has been Chief Credit Officer of Knight since October 2010. Prior to his appointment, he was Head of Credit Risk for Knight's institutional fixed income business. Mr. Strauss joined Knight in August 2009. Prior to that, he was a Managing Director and Senior Credit Officer at UBS Americas Inc. from 2004 to 2009, serving as Co-Head of Hedge Fund Credit in the Americas and managing a team of credit officers and analysts. Earlier, he was a Managing Director and Capital Markets Credit Officer at Bank One. Mr. Strauss is highly active in the New York capital markets risk community. He is the President of the Risk Management Association - New York Chapter ( RMA NY) and is a former Chairperson of the Capital Markets Credit Analysts Society (CMCAS).

Mr. Strauss received a bachelor of science in finance from Georgetown University and a master of business administration from the Leonard N. Stern School of Business at New York University.

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

SOURCE Knight Capital Group, Inc.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 16,472.37 +200.36 1.23%
S&P 500 1,951.36 +27.54 1.43%
NASDAQ 4,707.7750 +80.6910 1.74%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs