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KCG HOTSPOT INTRODUCES HOTSPOT QT, A NON-DISPLAYED CROSSING VENUE FOR SPOT FX


KCG HOTSPOT INTRODUCES HOTSPOT QT,  
A NON-DISPLAYED CROSSING VENUE FOR SPOT FX

FX Liquidity pool allows counterparties to trade larger orders with minimal market impact

JERSEY CITY, New Jersey - September 24, 2014 - KCG Holdings, Inc. (NYSE: KCG) today announced HotSpot QT, a pure non-displayed crossing venue created by KCG HotSpot to help banks and institutions trade larger spot FX orders with minimal information leakage and market impact.

HotSpot QT is a separate and distinct offering and liquidity pool from the traditional HotSpot FX platform. HotSpot QT allows counterparties to cross larger orders without revealing information to the market pre- or post-trade. The venue supports firm limit orders and high minimum quote sizes. Both bank and non-bank clients such as asset managers and hedge funds may participate on HotSpot QT.

"HotSpot QT is yet another offering from HotSpot that solves specific challenges for our clients, in this case meeting the needs of institutions that trade larger orders and are sensitive to market impact," said William Goodbody, Global Head of Sales for KCG HotSpot. "Volume on HotSpot QT is growing, and we look to onboard more clients in the coming months as more institutions recognize HotSpot QT's superior dark trading experience."

Ten currency pairs are now available to trade through HotSpot QT: EUR/USD, GBP/USD, USD/JPY, AUD/USD, EUR/CHF, EUR/GBP, EUR/JPY, USD/CAD, USD/CHF, USD/MXN.

About KCG
KCG is a leading independent securities firm offering investors and clients 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 business as well as actions taken in response thereto and consequences thereof; (iii) 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, including the increased focus by regulators, the New York Attorney General, Congress and the media on market structure issues, and in particular, the scrutiny of high frequency trading, alternative trading systems, market fragmentation, colocation, access to market data feeds, and remuneration arrangements such as payment for order flow and exchange fee structures; (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, under "Certain Factors Affecting Results of Operations" in KCG's Quarterly Report on Form 10-Q for the period ended June 30, 2014, 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

HUG#1857890
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