The Huffington Post's Book Review: Knightmare on Wall Street is "so Rich in Detail, so Riveting"

Edgar Perez, former McKinsey and IBM consultant, is a global speaker and author of The Speed Traders, Knightmare on Wall Street, and the forthcoming The 11th-Hour Deal, Behind Washington's Closed Doors During the 16-day Government Shutdown of October 2013.

New York, NY, USA (February 10, 2014) -- Knightmare on Wall Street, The Rise and Fall of Knight Capital and the Biggest Risk for Financial Markets, was favorably reviewed by The Huffington Post. "Author Edgar Perez's book is so rich in detail, so riveting, opening with a brief history of the firm and then following with the dramatic August 1, 2012, morning trading meltdown that it boggled this author's mind." James Grundvig, author of the review and CEO/Founder of CloudNician LLC, continued: "With no access to Knight's management, he compiled all the facts to the trading Titanic, with its many parallel story lines, avenues of deep research, and subplots -- which savior turned suitor turned predator -- and self-published Knightmare on its one-year anniversary in 2013." The full review can be accessed here: http://www.huffingtonpost.com/james-grundvig/book-review-the-meltdown-_b_4719207.html.

Knightmare on Wall Street (http://www.knightmareonwallstreet.com), the fascinating story of Knight Capital, was also the most favorably reviewed Kindle edition book on Amazon in 2013, with an average rating of 5 out of five stars. Knight Capital, founded by Kenneth Pasternak and Walter Raquet in 1995, had seen its fortunes change as U.S. regulators made a series of changes in the structure of financial markets and computers were progressively expanding their share of trading. The Flash Crash, the infamous 1,000 point drop of the DJIA on May 6, 2010 (the largest one-day point decline in history), illustrated how market structure problems could almost instantaneously cascade from one market participant to the rest.

Thomas Joyce, CEO of Knight Capital since 2002 and an unapologetic advocate of electronic trading, had been scornful of those companies that struggled to keep up with ever-changing stock markets. So it was certainly shocking that at 9:30 A.M. on August 1, 2012, right after the markets opened for the day, Knight Capital began issuing an unprecedented number of erroneous orders into the market, due to an error in installing new software. No rogue trader or regulatory change; operational risk was passing the bill to Knight Capital and becoming the biggest risk in the financial markets.

Knight Capital announced later a staggering loss of $440 million. What followed after this shocking announcement were several rounds of desperate conversations with a number of vulture players who had smelled opportunity and were readying themselves to pick up bargain-priced pieces. On August 6, 2012, Joyce confirmed that Knight Capital had struck a deal with Jefferies, TD Ameritrade, Blackstone, GETCO, Stephens, and Stifel Financial, staving off collapse days after the trading mishap.

While Knight Capital was back in the game, its limping recovery quickly prompted hungry competitors to bid for the entire company. On December 19, 2012, the board decided to accept an acquisition proposal from GETCO rather than Virtu Financial. For GETCO, acquiring Knight Capital represented a gigantic fast forward step. For Knight Capital, it was the end of its wild ride as an independent entity.

Mr. Perez (http://www.mredgarperez.com) is widely regarded as the preeminent global expert in investing and high-frequency trading. He is author of The Speed Traders, An Insider's Look at the New High-Frequency Trading Phenomenon That is Transforming the Investing World, published in English by McGraw-Hill Inc. (2011), published in Mandarin by China Financial Publishing House (2012), and Investasi Super Kilat: Pandangan Orang dalam tentang Fenomena Baru Frekuensi Tinggi yang Mentransformasi Dunia Investasi, published in Bahasa Indonesia by Kompas Gramedia (2012). Mr. Perez is course director of The Speed Traders Workshop, How High Frequency Traders Leverage Profitable Strategies to Find Alpha in Equities, Options, Futures and FX (Hong Kong, Sao Paulo, Seoul, Kuala Lumpur, Warsaw, Kiev, New York, Singapore, Beijing, Shanghai). He contributes to China's International Finance News and Sina Finance and The New York Times.

Mr. Perez (http://www.facebook.com/AmericasUltimateNetworker) has been interviewed on CNBC, FOX BUSINESS, Bloomberg TV, CNN en Español, Sina Finance, BNN's Business Day, CCTV China, Bankier.pl, TheStreet.com, Leaderonomics, GPW Media, Channel NewsAsia's Business Tonight and Cents & Sensibilities. In addition, Mr. Perez has been globally featured on FXFactor, Columbia Business, OpenMarkets, Sohu, News.Sina.com, Yicai, eastmoney, Caijing, ETF88.com, 360doc, AH Radio, CNFOL.com, CITICS Futures, Tongxin Securities, ZhiCheng.com, CBNweek.com, Caixin, Futures Daily, Xinhua, CBN Newswire, Chinese Financial News, ifeng.com, International Finance News, hexun.com, Finance.QQ.com, Finance.Sina.com, The Korea Times, The Korea Herald, The Star, The Malaysian Insider, BMF 89.9, iMoney Hong Kong, CNBC, Bloomberg Hedge Fund Brief, The Wall Street Journal, The New York Times, Dallas Morning News, Valor Econômico, FIXGlobal Trading, TODAY Online, Oriental Daily News and Business Times.

Mr. Perez (http://www.weibo.com/edgarperez) was a vice president at Citigroup, a senior consultant at IBM, and a strategy consultant at McKinsey & Co., the American global management consulting firm that focuses on solving issues of concern to senior management; the firm serves as an adviser to businesses, governments, and institutions around the world. McKinsey is widely considered to be the most prestigious management consulting firm in the world, with over 100 offices in 60 countries.

Mr. Perez (http://en.wikipedia.org/wiki/Edgar_Perez) has an undergraduate degree from Universidad Nacional de Ingeniería, Lima, Peru (1994), a Master of Administration from Universidad ESAN, Lima, Peru (1997) and a Master of Business Administration from Columbia Business School, New York, with a dual major in Finance and Management (2002). He belongs to the Beta Gamma Sigma honor society. Mr. Perez (https://twitter.com/mredgarperez) resides in the New York City metro area and is an accomplished salsa and hustle dancer.

Media Contact:
Julia Petrova
Media Relations Coordinator
Knightmare on Wall Street
+1-414-FORUMS0

Fully Leased South Florida Logistics Center Building 1 Caps Banner Year for Flagler Global Logistics

A Solidified Leadership Team, the South Florida Logistics Center's Grand Opening and USDA Approval of FGL's Innovative New Cold Chain Technology Mark 2013 Milestones.

CORAL GABLES, FL (February 10, 2014) - Flagler Global Logistics ("FGL"), a worldwide logistics company providing a full suite of integrated supply chain management services and real estate solutions, has fully leased Building 1 at its new South Florida Logistics Center located adjacent to Miami International Airport, along with more than 600,000 square feet of industrial space at its Flagler Station business park. The brisk leasing activity caps off a landmark year in which the company also welcomed new executive team members, underwent a name rebranding, and introduced a revolutionary cold chain treatment process that was approved by the United States Department of Agriculture (USDA).

Solidified Leadership Team
In 2013, Flagler Global Logistics appointed respected supply chain industry leader and former Winn-Dixie executive Chris Scott as President and CEO. Scott is leading the dramatic growth of the company's business in both the United States and Latin America.

The company also added commercial real estate veteran Daniel Marcus as Executive Vice President of Development. Marcus is spearheading the company's industrial development efforts across its 2,300-acre land portfolio, which can accommodate more than 23 million square feet of industrial development.

Construction Update: New Logistics Center Opens, Receives USDA Certification
Over the past year, Flagler Global Logistics delivered or started construction on more than 1 million square feet of Class-A industrial space at the company's new intermodal facility-the South Florida Logistics Center-and its flagship Flagler Station business park. In addition, FGL has four other strategic industrial park projects located throughout Florida that are in the pre-development phase.

South Florida Logistics Center officially opened for business with the October inauguration of Building 1-a 170,000-square-foot industrial warehouse facility featuring 60,000 square feet of refrigerated space. The Center's expansion plans, which call for the development of up to two million square feet of industrial space at the 200-acre site, will compound in 2014-the company has already started construction on two new buildings totaling 380,000 square feet. A little more than a month after opening, the Center received USDA approval for an exclusive, eco-friendly treatment method for produce which helps in preserving the "cold-chain" for fruits, vegetables, extending the product's shelf life.

"With unparalleled access to air, rail, sea and road transportation, superior third-party logistics support, and scalable real estate solutions, the South Florida Logistics Center is uniquely positioned to become the undisputed trade gateway for the Americas and beyond," said Scott. "The USDA's approval of our innovative cold chain treatment is a game-changer in the perishables sector. It provides Latin American exporters a viable alternative to not only bring their produce to supermarket shelves in the United States more efficiently, but maintain a higher quality product with a longer shelf life."

At Flagler Station, South Florida's largest business park which boasts its own turnpike interchange and is home to industry leaders such as Ryder, Crowley and FedEx, FGL completed construction on the 171,668-square-foot Building 30 and 171,994-square-foot Building 31. The company also broke ground on Buildings 32 and 34, which combined will add an additional 500,000 square feet plus of prime industrial space.

Industrial Leasing Activity on the Rise
Vice President of Business Development Chris Sutton, SIOR, has led the commercial leasing charge at both the South Florida Logistics Center and Flagler Station, closing nearly 750,000 square feet of industrial lease transactions between the two properties in 2013.

"We've experienced strong leasing activity as demand continues to rise, in large part due to our unrivaled portfolio of industrial land with entitlements to build in excess of 20 million square feet of warehouse space throughout Florida," said Sutton. "Our properties are particularly in high demand thanks to their prime locations with access to Florida's busiest air and seaports; high-quality, efficient building designs with features including 30' plus clear ceiling heights; and flexible size ranges that allow us to accommodate tenants of all sizes. We have enough industrial land to accommodate any size build-to-suit requirement, which not many other companies in this marketplace can do."

At South Florida Logistics Center (SFLC), Flagler Global Logistics, which provides third-party logistics services including its innovative USDA approved cold chain treatment, opened its new 114,187 square foot distribution center. The Goodyear Tire and Rubber Company leased 28,682 square feet of space for operations. Flying Food Group also leased 28,676 square feet of space for operations. Both companies were represented by David Albert, SIOR, Devin White, and Andrew Lehrer of CBRE.

At Flagler Station, South Florida's largest business park, Starboard Cruise Services' leased 218,673 square feet of space at Building 34, which represented the largest industrial lease transaction of the year in the Medley submarket. The tenant was represented by Charles V. Barton, John Marshall and Matthew Cheezem of Cresa.

Other noteworthy industrial lease transactions at Flagler Station in 2013 include:

- Nipro Medical Corporation leased 86,076 square feet of space at Building 31. The tenant was represented by Ed Lyden of State Street Realty.

- Senator International leased 70,411 square feet of space at Building 30. Gabriel Garcia-Menocal, SIOR and Lucia Custer of NAI Miami represented the tenant.

- TricorBraun leased 63,820 square feet at Building 30. The tenant was represented by Charles V. Barton of Cresa.

- Total Cargo Services leased 56,135 square feet at Building 31. The tenant was represented by Gabriel Garcia-Menocal, SIOR and Lucia Custer of NAI Miami.

- Traffic Tech leased 37,437 square feet at Building 30. The tenant was represented by Michael Torna of Corporate Solutions.

- International Cruise Duty Free leased 29,783 square feet at Building 31. The tenant was represented by Mark Aleman of DiGiacomo Group.

Rebranding to Reflect Global Reach
As the company's logistics services capabilities and product offerings expand worldwide in step with customer demand, the company rebranded from South Florida Logistics Services to Flagler Global Logistics.

"The rebranding perfectly captures the growing global scale of our end-to-end logistics capacity while linking back to our rich Florida and real estate development heritage established under the recognized Flagler brand," explained Scott. "Flagler Global Logistics will effect a dramatic shift to redirect the flow of goods from the southeast to the northeast and further solidify South Florida's position as a strategic gateway for domestic and foreign commercial trade."

About Flagler Global Logistics

Flagler Global Logistics is a worldwide logistics company that provides a full suite of integrated supply chain management services, including consolidation and deconsolidation, multimodal transportation, warehouse management, Foreign Trade Zone, and dry and refrigerated cargo services, as well as flexible real estate solutions. Flagler Global Logistics has exclusive connectivity to South Florida's busiest ports and airport, which provides clients a competitive advantage when importing and exporting goods. The Company owns strategic assets throughout Florida, including approximately 1 million square feet of warehouse space and additionally 1,500 acres of well-located developable land suitable for 24 million square feet of industrial development. Headquartered in Coral Gables, Fla., Flagler Global Logistics is a wholly owned subsidiary of Florida East Coast Industries, LLC. For more information, visit http://www.flaglergl.com.

About Florida East Coast Industries

Florida East Coast Industries, LLC (FECI) is one of Florida's oldest and largest full-service commercial real estate, transportation, and infrastructure companies. Headquartered in Coral Gables, Fla., FECI has a rich history dating back over a century. Mr. Henry Flagler first established a predecessor company in 1892, which became a pioneer in the development of Florida's eastern coast. Today, FECI continues to transform Florida as the parent company to four distinct business lines including Flagler, a full-service commercial real estate company; All Aboard Florida, the United States' first privately owned and operated intercity passenger rail system; Flagler Global Logistics, an integrated logistics company that offers a wide range of logistics services and real estate solutions; and Parallel Infrastructure, a leader in third-party Right of Way (ROW) investments and management services. FECI is owned by private equity funds managed by affiliates of Fortress Investment Group, LLC. For more information, visit http://www.feci.com.

Media Contacts:
Mary Sudasassi
rbb Public Relations
305-448-6163

Kathleen Rodriguez
Florida East Coast Industries
305-520-2306