Knight Appoints Daniel G. Braun As Managing Director, Head Of Carbon Trading
2009年12月1日 - 11:15PM
PRニュース・ワイアー (英語)
JERSEY CITY, N.J., Dec. 1 /PRNewswire-FirstCall/ -- Knight Capital
Group, Inc. (NASDAQ:NITE), today announced the appointment of
Daniel G. Braun to the newly-created position of Managing Director,
Head of Carbon Trading. He is charged with developing Knight's
capabilities to serve participants in the global carbon markets.
Mr. Braun has more than ten years of experience covering energy
trading, structuring and portfolio management, plus an additional
seven years of experience in equity derivatives market making.
Prior to joining Knight, Dan served as an advisor on carbon credit
development and trading issues. Previously, he spent close to four
years as a Portfolio Manager and Director of Global Environmental
Finance at Stark Investments. "Carbon is fast emerging as a
tradable commodity. The global carbon markets, however, are still
maturing," said Thomas M. Joyce, Chairman and Chief Executive
Officer, Knight Capital Group. "For carbon trading to achieve
critical mass will require innovative trading technologies and
multiple, liquid marketplaces. We are pleased to welcome an
individual with Dan's experience, insights and relationships to
lead Knight's carbon trading initiative." Knight is the leading
source of off-exchange liquidity in U.S. equities and largest
electronic market maker. The firm engages in market-making and
trading in more than 19,000 U.S. equities on behalf of buy- and
sell-side clients. Knight also provides execution services in
global equities and fixed income, foreign exchange, futures and
options. "Applying Knight's specialized trading capabilities to the
global carbon markets, I believe, will lead to better price
discovery, reduced spreads and improved overall efficiency for all
participants," said Mr. Braun. Mr. Braun is based in the Jersey
City office and can be reached at 212.336.8765 or . He reports to
Mr. Joyce. Biography Daniel G. Braun Managing Director, Head of
Carbon Trading Knight Quantitative Trading Daniel G. Braun,
Managing Director, Head of Carbon Trading, is responsible for
developing Knight's capabilities to serve participants in the
global carbon markets. Prior to joining Knight, Mr. Braun served as
an advisor on carbon credit development and trading issues.
Previously, Dan spent close to four years as a Portfolio Manager
and Director of Global Environmental Finance at Stark Investments.
He worked as a Senior Energy Trader at Florida Power & Light
(FPL) and as an Associate on the electricity trading desk at Morgan
Stanley. During a period at Mirant, he served as an Asset Manager
and Natural Gas Storage Trader as well as a Senior Structuring
Analyst. Earlier, he was a Senior Equity Derivatives Trader at The
HULL Group. Dan received a bachelor of science in economics from
the University of Wisconsin - Madison as well as a master of
science in applied mathematics and statistics from DePaul
University. In addition, he has a master of business administration
with a concentration in finance and accounting from the University
of Chicago. About Knight Knight Capital Group, Inc. (NASDAQ:NITE)
is a global capital markets firm that provides market access and
trade execution services across multiple asset classes to buy- and
sell-side firms. Knight's hybrid market model features
complementary electronic and voice trade execution services in
global equities and fixed income as well as foreign exchange,
futures and options. The firm is consistently ranked as the leading
source of off-exchange liquidity in U.S. equities. Knight also
provides capital markets services to corporate issuers. Knight is
headquartered in Jersey City, NJ with a growing global presence
across North America, Europe and the Asia-Pacific region. For more
information, please go to http://www.knight.com/. Certain
statements contained herein may constitute "forward-looking
statements" within the meaning of the Private Securities Litigation
Reform Act of 1995. These forward-looking statements are not
historical facts and are based on current expectations, estimates
and projections about the Company's industry, management's beliefs
and certain assumptions made by management, many of which, by their
nature, are inherently uncertain and beyond our control.
Accordingly, 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 including, without limitation, risks associated with the
costs, integration, performance and operation of businesses
recently acquired, or that may be acquired in the future, by the
Company and risks related to the costs and expenses associated with
the Company's exit from the Asset Management business. 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. Readers should carefully
review the risks and uncertainties disclosed in the Company's
reports with the U.S. Securities and Exchange Commission (SEC),
including, without limitation, those detailed under the headings
"Certain Factors Affecting Results of Operations" and "Risk
Factors" in the Company's Annual Report on Form 10-K for the
year-ended December 31, 2008, and in other reports or documents the
Company files with, or furnishes to, the SEC from time to time.
This information should also be read in conjunction with the
Company's Consolidated Financial Statements and the Notes thereto
contained in the Company's Annual Report on Form 10-K for the
year-ended December 31, 2008, and in other reports or documents the
Company files with, or furnishes to, the SEC from time to time.
DATASOURCE: Knight Capital Group, Inc. CONTACT: Margaret Wyrwas,
Senior Managing Director, Communications, Marketing & Investor
Relations, +1-201-557-6954, ; Kara Fitzsimmons, Director, Media
Relations, +1-201-356-1523, ; Jonathan Mairs, Vice President,
Corporate Communications, +1-201-356-1529, Web Site:
http://www.knight.com/
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