Macgregor Joins Omgeo STP Partners ProgramSM to Provide Interfaces to Omgeo Central Trade ManagerSM and Omgeo OASYS-TradeMatchSM

June 26, 2002 – BOSTON/NEW YORK/LONDON – Macgregor™, a global provider of buy-side trade order management systems (OMS) and FIX network services, today announced that it has signed an agreement to build an interface to Omgeo Central Trade Manager (Omgeo CTM), the new central matching solution for domestic as well as cross-border trades worldwide. Through this agreement, Macgregor clients will be able to connect to Omgeo CTM’s central matching and exception processing environment without having to build and maintain their own separate interfaces.

As part of the agreement, Macgregor will also build an interface to Omgeo OASYS-TradeMatch including support for fixed income securities and exception processing. Macgregor currently provides interfaces to Omgeo OASYSSM, the leading electronic trade allocation and acceptance service and Omgeo OASYS GlobalSM, the worldwide electronic trade allocation and confirmation service. The OASYS-TradeMatch interface provides investment managers with real-time central matching of allocations to confirmations for U.S. domestic trades, which is often the most important step towards improving same day affirmation rates.

Stephen Alepa, EVP, Networks Group, Macgregor, commented, "By providing interfaces that connect to the solutions in play today as well as those slated for the future, we are able to insulate our clients from the technical complexity and expense of building and evolving their own interfaces while providing a powerful Macgregor exception management toolset that is integrated into the OMS."

"Providing all clients and counterparties with the ability to operate in an STP environment is an essential piece of improving market efficiency. With the Omgeo/Macgregor interfaces, we are able to provide our mutual clients with a very clear and logical migration option from sequential trade processing to central matching," said Dave Merrill, managing director, global operations at Omgeo. "What we are providing is targeted at their individual business needs and provides a quick return on investment."

Alepa concluded, "Continuing to enhance our connectivity to Omgeo’s suite of services is a significant value-add. Agreements like this support our overall strategy of further integrating and automating trade processes in support of STP for our clients."

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