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FOR IMMEDIATE RELEASE

Trading Technologies to Provide Connectivity to EBS

 

CHICAGO, NEW YORK and BOCA RATON, Fl., March 12, 2009 — Trading Technologies International, Inc. (TT), the leading global provider of electronic derivatives trading software and solutions, and ICAP plc, the world’s premier interdealer broker and operator of the leading spot FX trading platform, EBS®, today announced that TT will provide connectivity to EBS through its X_TRADER® platform in mid-2009.

TT will support trading of spot FX, precious metal and non-deliverable forward (NDF) contracts through its high-speed gateway to the EBS platform. EBS customers choosing to use the TT connectivity will have the option to host their trading gateways themselves or connect to EBS via gateways hosted through TTNET™, TT’s fully managed hosting solution. Access through TTNET delivers optimal access, speed and reliability plus 24/7 end-to-end network monitoring and maintenance.

ICAP’s award-winning electronic EBS platform provides the primary market for more than 2,800 global spot FX, precious metals and NDF traders in over 50 countries around the world. It delivers anonymous, transparent, reliable and highly liquid trading opportunities, as well as authoritative real-time and historical market data.

"The foreign exchange market is the most actively traded market in the world, and we look forward to providing access to the spot FX market’s primary source of liquidity, the EBS platform," said Harris Brumfield, TT CEO.

"As part of our focus on facilitating the best possible trading opportunities, we are pleased that we will soon offer access to our EBS Spot market through Trading Technologies’ X_TRADER platform," said David Rutter, Global Deputy CEO of ICAP Electronic Broking. "We’re happy to once again be partnering with TT, and are confident that their connectivity solutions will offer new and valuable trading opportunities for EBS trading customers."

In May 2006, ICAP's BrokerTec® platform was connected to TT’s platform.

About ICAP
ICAP is the world’s premier voice and electronic interdealer broker and the source of global market information and commentary for professionals in the international financial markets. The Group is active in the wholesale markets in interest rates, credit, commodities, foreign exchange and equity derivatives. ICAP has an average daily transaction volume in excess of $2.3 trillion, more than 40% of which is electronic. ICAP plc was added to the FTSE 100 Index on 30 June 2006. For more information go to www.icap.com.

About Trading Technologies
Trading Technologies (www.tradingtechnologies.com) develops high-performance trading software for derivatives professionals, including the world's premier investment banks, proprietary traders, brokers, Futures Commission Merchants (FCMs), hedge funds and other trading institutions. The company's X_TRADER® software and related services provide direct access to the major international derivatives exchanges. X_TRADER 7.4 was named "Innovation of the Year" by FOW magazine in 2007 and "Best Buy-Side Commodities Trading Platform" by Buy-Side Technology magazine in 2007 and 2008. TTNET™, TT's fully managed hosting solution, delivers maximum system stability and fast trade execution via hubs located close to the major exchanges in Chicago, New Jersey, London, Frankfurt, Singapore and Tokyo. Headquartered in Chicago, Trading Technologies maintains a global presence with offices in New York, Stamford, Houston, London, Geneva, Frankfurt, Singapore, Hong Kong, Tokyo and Sydney. Chicago magazine named TT the best technology company to work for and ranked TT third among all Chicago area employers. TT also received the prestigious Lighthouse Award from the Illinois Information Technology Association (ITA) in 2006 as the leading technology company in Illinois and was named Technology Company of the Year by FOW magazine in 2008.

Contacts:

Guy Taylor
ICAP
212.341.9759
guy.taylor@us.icap.com

FOR TT
Ray Carmichael
Vivid Ascent
312.346.2002
ray@vividascent.com


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