Press Release

KCG BONDPOINT EXPANDS INSTITUTIONAL OFFERING

 

KCG BONDPOINT EXPANDS INSTITUTIONAL OFFERING

Connectivity with Charles River Broadens Access for More Institutional Clients

JERSEY CITY, N.J. - February 5, 2015  KCG Holdings, Inc. (NYSE: KCG) today announced that KCG BondPoint, a centralized and automated fixed income trading venue, is expanding its access to Institutional Buy Side clients through integration with Charles River Development's Investment Management Solution ("Charles River IMS").

Bill Vulpis, Head of KCG BondPoint, offered, "Institutional clients are seeking new and innovative trading solutions to help them source fixed income liquidity without adding complicated new work flows. By partnering with Charles River, BondPoint is helping create smart solutions to help asset managers find the liquidity they need in a streamlined, seamless fashion."

KCG BondPoint -- a registered ATS -- features advanced technology with end-to-end workflow automation, access to a deep and diverse pool of liquidity across multiple fixed income asset classes, and low transaction costs which provide clients with efficient bond market access, transparent price discovery, and superior trade execution. KCG BondPoint links more than 400 financial services firms to approximately 200,000 live and executable bids and offers every day.

"Integrating BondPoint's electronic marketplace in the Charles River IMS supports the growing trend among buy-side firms for trading smaller lots of US fixed income instruments," said Karl Kutschke, Senior Director-Product Management, Charles River. "Having direct access to BondPoint's fixed income liquidity providers from the Charles River trading blotter will help clients improve their investment performance and trade execution." 

Charles River IMS is an end-to-end solution that automates front- and middle-office investment management functions across asset classes on a single platform. 

Greg Tusar, Head of KCG Client Execution Services, commented, "As the Fixed Income marketplace continues to migrate to the screen, KCG is focused on developing solutions that will connect our fixed income clients with liquidity in a centralized, efficient, and automated way.  BondPoint's transparency, independence, and diverse order flow is likely to continue to appeal to a wide swath of fixed income investors, in particular institutional investors."

KCG BondPoint expects that Charles River will be bringing clients live on its venue throughout 2015. For a complete list of connectivity options for KCG BondPoint, please visit: https://www.kcg.com/venues/bondpoint

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, sale of KCG's futures commission merchant and the agreement to sell KCG Hotspot; (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 September 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

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