TradingScreen and Bear Stearns Deliver Multi-Asset Class Electronic Trading to Buy-Side Clients

New York - 15 January 2007

Buy-Side’s Push into Multi-Asset Class Trading Gaining Momentum

Buy-side clients of Bear Stearns can now utilize Multiple-Asset Class electronic trading services provided from the TradingScreen suite of execution management and connectivity products.

This exciting technological advance from TradingScreen means that Bear Stearns clients will benefit from the normalization of trading functions across asset classes, as well as their ability to monitor and modify the associated order flow from a single blotter. Downstream, clients benefit from full cross asset class STP whereby TradingScreen generates consolidated, real time execution reports that readily feed into a wide number of already certified industry leading Order, Portfolio and Risk Management systems. Bear Stearns is now able to offer clients access to all of its global order routing capabilities from one single application. That includes its full range of Bear Stearns Equity Analytics Systematics Trading (EAST) algorithmic trading strategies that will now benefit from a customized order entry window within TradingScreen.

“It is clear that the buy-side push into Multiple-Asset Class trading is gaining momentum every day for obvious cost and workflow optimization reasons,” said Philippe Buhannic, President and Chief Executive Officer of TradingScreen. “Leading institutional brokers are responding to this challenge by removing the traditional boundaries between their different asset class departments and relying on TradingScreen to present a unified Execution Management System to the Buy side. We are delighted to count Bear Stearns as one of our partners in making this unique service available to the Buy-side community.”

“TradingScreen creates a competitive advantage for Bear Stearns by enabling us to offer a complete trading tool box in a single front end to both our Prime Brokerage Hedge Fund and Institutional client base,” comments Evan Graj, Managing Director, Bear Execution Services Team (BEST) EMEA, Bear Stearns International Limited. “TradingScreen has finalized our FIX connectivity across all asset classes. We now have clients using the TradeSmart execution management system to access the Bear Stearns EAST algorithms, our global equity DMA platform, internal trading desks, Futures DMA, and electronic FX products.”

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