Linedata Services Enters into Strategic Relationship with BIDS Trading

New York - 27 November 2007

BIDS Trading, the alternative trading system (ATS) designed to increase competition and liquidity in the U.S. equity block trading market, and Linedata Services, a global leader in the financial technology market, announced today the signing of a contract to develop joint connectivity. This agreement will provide a direct link between the LongView Trading Order Management System (OMS) and the BIDS ATS, giving users the ability to anonymously trade large blocks of US equities on BIDS Trading.

“We are very pleased about adding BIDS Trading to the LongView Liquidity Alliance Partnership,” said Gregg Drumma, Vice President of STP Product Development, Linedata Services. “Our advanced integration provides an effective synchronization between the LongView Trading OMS and the BIDS ATS. In a fast growing market where alternative trading is increasingly sought after, we are committed to providing our clients with the most reliable technology paired with cutting edge solutions for trade execution.”

Interest in BIDS Trading from the institutional investment community continues to grow. Since its formal launch in early 2007, the BIDS ATS has executed more than 1.9 billion shares*.

“Providing connectivity to LongView Trading’s premier OMS will give a new, broad base of market participants the ability to execute trades on BIDS Trading’s open, flexible ATS,” said Tim Mahoney, Chief Executive Officer of BIDS Trading. “With additional connections to more and more electronic trading platforms, we come closer to achieving our goal of offering buy- and sell-side firms access to superior execution and liquidity.”

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