SCHEDULE 13G
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
 
 
Schedule 13G
 
 
Under the Securities Exchange Act of 1934
 
 
 
 
Group Management Corp
(Name of Issuer)
 
 
Common Stock
(Title of Class of Securities)
 
 
39944E106
(CUSIP Number)
 
 
November 30, 2002
(Date of Event Which Requires Filing of this Statement)
 
 
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
 
 
x  Rule
 
13d-1(b)
 
¨  Rule
 
13d-1(c)
 
¨  Rule
 
13d-1(d)
 
* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
 
The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

SCHEDULE 13G
CUSIP No. 39944E106
 
  1.

  
Name of Reporting Person
I.R.S. Identification No. of above persons (entities only)
 
                Knight Securities, L.P.
    
  2.
  
Check the Appropriate Box if a Member of a Group*
(a)  ¨
(b)  x
    
  3.

  
SEC Use Only
 
    
  4.

  
Citizenship or Place of Organization
 
                Delaware
    
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
  
  5.    Sole Voting Power
 
                799,363
  6.    Shared Voting Power
 
                Not applicable
  7.    Sole Dispositive Power
 
                799,363
  8.    Shared Dispositive Power
 
                Not applicable
  9.

  
Aggregate Amount Beneficially Owned by Each Reporting Person
 
                799,363
    
10.

  
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*
 
    
11.

  
Percent of Class Represented by Amount in Row (9)
 
                11.0%
    
12.

  
Type of Reporting Person*
 
                BD
    

ITEM 1(a).
       
Name of Issuer
        
Group Management Corp
ITEM 1(b).
       
Address of Issuer’s Principal Executive Offices
        
12503 Exchange Blvd., Ste. 554, Stafford, Texas 77477
ITEM 2(a).
       
Names of Persons Filing
        
Knight Securities, L.P.
ITEM 2(b).
       
Address of principal business office
        
525 Washington Blvd., 23rd Fl.
Jersey City, NJ 07310
ITEM 2(c).
       
Citizenship
        
Delaware
ITEM 2(d).
       
Title of Class of Securities
        
Common Stock
ITEM 2(e).
       
CUSIP Number
.
       
N/A
ITEM 3.
       
If this statement is filed pursuant to Rules 13d-1(b), or 13(d)-2(b), check whether the person filing it is a:
.
       
(a)  [x]  Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
ITEM 4.
       
Ownership
   
(a)
   
Amount beneficially owned
   
799,363
          
   
(b)
   
Percent of class
   
11.0%
          
   
(c)
   
Number of shares as to which such person has:
        
(i)    sole power to vote or to direct the vote
   
799,363
        
(ii)   shared power to vote or to direct the vote
   
Not applicable
        
(iii)  sole power to dispose or to direct the disposition of
   
799,363
        
(iv)   shared power to dispose or to direct the disposition of
   
Not applicable
ITEM 5.
       
Ownership of Five Percent or Less of a Class
        
Not applicable
ITEM 6.
       
Ownership of More than Five Percent on Behalf of Another Person
        
Not applicable
ITEM 7.
       
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company
        
Not applicable.
ITEM 8.
       
Identification and Classification of Members of the Group
        
Not applicable.
ITEM 9.
       
Notice of Dissolution of Group
        
Not applicable.

 
ITEM
 
10.    Certification
 
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
 
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
 
 
Date:  December 9, 2002
 
KNIGHT SECURITIES, L.P.
By:
  
/S/    LEONARD J. AMORUSO
   
Leonard J. Amoruso
SVP, CLO, & Chief Compliance Officer