KCG 2013 ANNUAL REPORT AND INVESTOR VIDEO AVAILABLE AT WWW.KCG.COM
April 10 2014 - 7:30AM
KCG 2013
ANNUAL REPORT AND INVESTOR VIDEO
AVAILABLE AT WWW.KCG.COM
JERSEY CITY, N.J. - April
10, 2014 - KCG Holdings, Inc. (NYSE: KCG) today posted its
Annual Report for the year ended December 31, 2013 at
http://www.kcg.com/ir/2013AnnualReport/.
KCG was formed July 1, 2013 as a result of the merger between
Knight Capital Group, Inc. and GETCO Holding Company, LLC.
Financial results for the periods prior to the third quarter of
2013 contained within the Annual Report solely represent the
results of GETCO Holding Company, LLC as the accounting
acquirer.
Additionally, to coincide with the publication of its first Annual
Report, KCG released an investor video, which is available at
http://www.kcg.com/ir/investorvideo/.
Registered stockholders of KCG common stock as of the April 1, 2014
record date will receive a printed edition of the Annual Report in
the mail. Copies of the Annual Report on SEC Form 10-K, Quarterly
Reports on SEC Form 10-Q, Current Reports on SEC Form 8-K, Forms 3,
4, 5 filed on behalf of directors and executive officers, proxy
statements, press releases and general information are available at
http://investors.kcg.com/ under SEC filings.
About KCG
KCG is a leading independent securities firm offering investors a
range of services designed to address trading needs across asset
classes, product types and time zones. The firm combines advanced
technology with exceptional client service across market making,
agency execution and venues. KCG has multiple access points to
trade global equities, fixed income, currencies and commodities via
voice or automated execution. www.kcg.com
Certain statements contained
herein may constitute "forward-looking statements" within the
meaning of the safe harbor provisions of the U.S. Private
Securities Litigation Reform Act of 1995. Forward-looking
statements are typically identified by words such as "believe,"
"expect," "anticipate," "intend," "target," "estimate," "continue,"
"positions," "prospects" or "potential," by future conditional
verbs such as "will," "would," "should," "could" or "may," or by
variations of such words or by similar expressions. These
"forward-looking statements" are not historical facts and are based
on current expectations, estimates and projections about KCG's
industry, management's beliefs and certain assumptions made by
management, many of which, by their nature, are inherently
uncertain and beyond our control. Any forward-looking statement
contained herein speaks only as of the date on which it is made.
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:
(i) the strategic business combination (the "Mergers") of Knight
Capital Group, Inc. ("Knight") and GETCO Holding Company, LLC
("GETCO"), including, among other things, (a) difficulties and
delays in integrating the Knight and GETCO businesses or fully
realizing cost savings and other benefits, (b) the inability to
sustain revenue and earnings growth, and (c) customer and client
reactions to the Mergers; (ii) the August 1, 2012 technology issue
that resulted in Knight's broker-dealer subsidiary sending numerous
erroneous orders in NYSE-listed and NYSE Arca securities into the
market and the impact to Knight's capital structure and business as
well as actions taken in response thereto and consequences thereof;
(iii) the costs and risks associated with the sale of Knight's
institutional fixed income sales and trading business, the sale of
KCG's reverse mortgage origination and securitization business and
the departure of the managers of KCG's listed derivatives group;
(iv) changes in market structure, legislative, regulatory or
financial reporting rules; (v) past or future changes to
organizational structure and management; (vi) KCG's ability to
develop competitive new products and services in a timely manner
and the acceptance of such products and services by KCG's customers
and potential customers; (vii) KCG's ability to keep up with
technological changes; (viii) KCG's ability to effectively identify
and manage market risk, operational and technology risk, legal
risk, liquidity risk, reputational risk, counterparty and credit
risk, international risk, regulatory risk, and compliance risk;
(ix) the cost and other effects of material contingencies,
including litigation contingencies, and any adverse judicial,
administrative or arbitral rulings or proceedings; and (x) the
effects of increased competition and KCG's ability to maintain and
expand market share. The list above is not
exhaustive. Readers should carefully review the risks and
uncertainties disclosed in KCG's reports with the SEC, including,
without limitation, those detailed under "Risk Factors" in KCG's
Annual Report on Form 10-K for the year-ended December 31, 2013,
and other reports or documents KCG files with, or furnishes to, the
SEC from time to time.
CONTACTS
Sophie
Sohn |
Jonathan
Mairs |
Communications & Marketing |
Investor
Relations |
312-931-2299 |
201-356-1529 |
media@kcg.com |
jmairs@kcg.com |
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: KCG Holdings, Inc. via Globenewswire
HUG#1776166
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