JERSEY CITY, N.J., July 12, 2012 /PRNewswire/ -- Knight Capital Group, Inc. (NYSE Euronext: KCG) today announced that Knight Hotspot FX received a 2012 e-FX Award for "Best Professional e-Trading Venue" from FX Week, the second consecutive year for Knight's institutional foreign exchange ECN.
"The Knight Hotspot FX team is honored that FX Week once again named our institutional FX ECN the Best Professional e-Trading Platform in the 2012 e-FX Awards," said John Miesner, Managing Director and Head of Global Sales for Knight Hotspot FX. "Since winning this distinctive award last year, Knight Hotspot has continued its strong volume growth and introduced new initiatives that resonate with our clients, including Sponsored Bank Access, private label and new services for the wholesale FX market. Our technology, diverse liquidity and client service ensure that we provide the greatest user experience in the industry."
"It is perhaps a sign of the fast-changing nature of this market that the winner is the only company to be scooping an award for the second successive year," said FX Week Editor Joel Clark at the publication's annual awards ceremony in New York, July 10. "With volumes that continue to grow year-on-year in an environment where many platforms are going the other way, and a number of new initiatives launched over the past year to cater to different elements of its client base, the winner of the best professional e-trading venue is Hotspot FX."
FX Week's e-FX Awards, determined by a panel of judges, recognize industry excellence in electronic foreign exchange from banks and vendors. For more information, please visit www.fxweekefxawards.com.
Hotspot FX LLC is a subsidiary of Knight Capital Group, Inc. Hotspot FX in Europe is a division of Knight Capital Europe Limited.
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 www.knight.com.
SOURCE Knight Capital Group, Inc.