FOR IMMEDIATE RELEASE

HSBC Enters Into Global Software License/TTNET™ Agreement with Trading Technologies

CHICAGO and LONDON, June 20, 2006 - Trading Technologies International, Inc. (TT) and HSBC today announced they have entered into a global software license agreement in which HSBC will make available TT's high-speed X_TRADER® order-entry software to its internal trading desks and customers in the Americas, Europe and Asia. HSBC also will utilize TTNET, TT's full-service hosting solution. TTNET's fast, highly resilient and fully redundant connections to the world's top futures exchanges optimize uptime and allow TTNET customers to quickly deploy trading screens in virtually any country.

Greg Totts, Managing Director and Global Head of Futures at HSBC, said, "In response to growing demand from our major institutional and global hedge fund clients, HSBC are pleased to be working with TT to integrate their trading platform into our core infrastructure to provide direct access to electronic markets across the globe."

"HSBC is one of the world's leading financial institutions, and we are very pleased that they have chosen to enter into this global software license/TTNET agreement with TT. We look forward to working with HSBC to deploy our products to their customers around the world," said Harris Brumfield, CEO of TT.

About HSBC Holdings plc
HSBC Holdings plc serves over 125 million customers worldwide through some 9,500 offices in 76 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. With assets of US$1,502 billion at 31 December 2005, HSBC is one of the world's largest banking and financial services organisations. HSBC is marketed worldwide as "the world's local Bank."

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, 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, Houston, London, Frankfurt, Hong Kong, Singapore, Tokyo and Sydney. 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. In 2006, TT received the prestigious Lighthouse Award from the Illinois Information Technology Association (ITA) as the leading technology company in Illinois.