Equity Trading Research Pro Joins QSG to Lead Product Expansion

NAPERVILLE, Ill., Nov 5, 2004 /PRNewswire via COMTEX/ -- Linda Giordano has joined the Quantitative Services Group LLC (QSG) as a Product Consultant. Ms. Giordano has substantial expertise in helping institutional investors improve investment performance via the use of transaction cost management techniques. She has spent over ten years designing execution-quality related services and developing new transaction cost analysis techniques. Ms. Giordano is also recognized for her skill in educating investors on how to effectively incorporate transaction cost analysis into their trading process. Prior to joining QSG, she was Vice President and Head of Trading Research at Instinet LLC.

"I am excited to join QSG because of the level of innovation that they provide in the field of practical transaction cost measurement," said Ms. Giordano. "T-Cost Pro(R) is truly the next-generation of transaction cost analysis because, in addition to offering intuitive data visualization, it is the only product available that can measure the effect of trade parceling. Traders are flying blind when it comes to evaluating the efficacy of their order execution strategy and T-Cost Pro is the only tool that factors in the cumulative impact of automated trading."

"The dramatic changes in the equity market demand a new set of measures that are specifically designed for today's market," said John Wightkin, QSG Managing Director. "Linda will help institutional investors understand how our trading analytics rise to that challenge." QSG's T-Cost Pro is recognized as the only analytics package capable of thoroughly analyzing algorithmic or automated trading techniques. The service's detailed analysis of time-stamped executions makes it the perfect tool to spot front running and assure "best execution." T-Cost Pro's innovative measures make it the only product on the market that can identify the cumulative price impact of trading decisions. This patent-pending technique allows QSG to calculate the execution "footprint" created by a series of executions in the same security.

"Our commitment to trading research and development made T-Cost Pro an accurate, actionable solution to the challenges of trading analysis," said Tim Sargent, QSG's President. "We're going to complement this service with a unique set of pre-trade models. This is a crucial part of trade strategy development and an area where analytic providers have created high expectations, only to have their solutions disappoint in practice. Linda will assure that our solutions deliver real value to the institutional trader."

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