FutureTrade Adds John Lopez as Principal Architect

New York, NY - 28 September 2006

Former Pipeline Trading Systems Architect to Aid in Technical Innovation

FutureTrade, a leading provider of electronic equity, option and algorithmic trading, today announced that John Lopez has joined as Principal Architect. Reporting to Murray Finebaum, CEO of FutureTrade, Mr. Lopez is responsible for ensuring that the popular FutureTrade platform continues to scale to meet the needs of its growing user base and continues to innovate in the rapidly changing market for electronic trading tools.

Mr. Lopez was most recently Principal Architect at Pipeline Trading where he helped to define and prototype the block trading system. Prior to Pipeline, Mr. Lopez was a Financial Services Consultant with Microsoft where he assisted some of the largest financial institutions in establishing a web presence for trading and re-engineered an ECN trading system to scale and be more robust. Prior to Microsoft, Mr. Lopez held various information technology and technical management roles at Reuters during his 10 years with that company.

“We are excited to have John join FutureTrade at a time when electronic trading is such an essential component of most financial institutions,” said Murray Finebaum, CEO of FutureTrade. “As FutureTrade continues to anticipate the needs of our growing client base, we are constantly enhancing our platform. Adding to our OMS capabilities, supporting our broker dealer partners and preparing for the changes that Reg NMS will bring to electronic trading, presents us with interesting opportunities and technical challenges. I am confident that John’s deep background in delivering scalable technical solutions to the financial markets will foster and optimize our leadership position.”

“The FutureTrade platform offers clients a rich set of capabilities today. I am excited to have joined their experienced team and assist them in continuing to build upon the platform to meet the market’s demands,” said John Lopez, Principal Architect of FutureTrade. “My background in designing block crossing systems and scaling ECN’s, will enable me to ensure that FutureTrade is among the most robust and reliable trading systems available today.”

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