FOR IMMEDIATE RELEASE

Deutsche Bank Enters Into Global Software Licensing Agreement with Trading Technologies

CHICAGO and LONDON, September 27, 2005 — Trading Technologies International Inc (TT) and Deutsche Bank today announced that they have entered into a global software license agreement, in which Deutsche Bank will distribute TT software to its traders and customers.

Harris Brumfield, CEO at TT announces that "TT will be working with Deutsche Bank to distribute TT's fast and stable trading systems. TT is extremely pleased to have a bank of the caliber of Deutsche Bank working with us."

Peter McLady, Head of Futures at Deutsche Bank, said, "In response to growing demand from clients such as hedge funds, we will be offering Deutsche Bank's clients TT's flexible solution for access to global electronic markets."

About Deutsche Bank
With Euro 964 billion in assets and 63,652 employees, Deutsche Bank (www.db.com) offers unparalleled financial services in 74 countries throughout the world. Deutsche Bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.

Deutsche Bank ranks among the global leaders in corporate banking and securities, transaction banking, asset management, and private wealth management, and has a significant private and business banking franchise in Germany and other selected countries in Continental Europe.

About Trading Technologies
Trading Technologies (www.tradingtechnologies.com) develops high-performance trading software for derivatives professionals, including the world's premier exchanges, money-center banks, proprietary traders, securities brokers, Futures Commission Merchants (FCMs), hedge funds and other trading institutions. The company's software and services provide direct access to the world's major derivatives exchanges. Headquartered in Chicago, Trading Technologies maintains a worldwide presence with offices in New York, London, Frankfurt, Sydney and Tokyo. In 2004, Trading Technologies was named the best technology company to work for in Chicago by Chicago magazine and ranked third among all Chicago area employers.