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TradingScreen Announces its Highly Innovative “MiFID in a Box” Offering

London (18th July 2007) – TradingScreen, the leading provider of multi-broker, multi-product EMS trading platforms, today announced that it has developed a suite of new services to help its clients comply with the Best Execution obligations that will be imposed by the Markets in Financial Instruments Directive (MiFID). The new MiFID offering will also help clients meet their own internal compliance and post-trade requirements.

TradingScreen’s new MiFID offering assists clients in creating their own best execution policies, selecting appropriate execution venues or algorithms and monitoring and reviewing policy results in a fully integrated fashion from the pre-trade market impact and latency to best execution analysis. The new services leverage the extensive expertise and experience of TradingScreen in multiple asset class trading systems coupled with its broad understanding of the dynamic interaction of market data, transaction negotiation, post-trade reporting and transaction performance measurements including latency and algorithmic trading strategies’ efficiency.

“A number of our buy side clients asked us to leverage our unique cross asset class capabilities, centralised and normalised database as well as our proven pre and post-trade analytical capabilities to help them meet the new challenges of best execution under MiFID” says Philippe Buhannic, President and CEO of TradingScreen. “In response to our clients need, we are offering what is in effect a “MiFID in a Box” that requires no installation, no developments and no complex database integration process. TradingScreen is simplifying global markets yet again.”

The Committee of European Securities Regulators (CESR) recently issued its final feedback based on a consultation exercise undertaken earlier in 2007 which provided the most explicit guidance to date on the scope of the best execution requirements and the approach that regulators are expected to adopt in reviewing compliance. In response to CESR, TradingScreen recognizes that its clients have to begin a timely and effective implementation process.

TradingScreen has been actively involved in MiFID planning for more than two years and the new MiFID offering reflects the requirements of its buy side clients and their sell side counterparties as these have evolved through the various stages of the implementation of MiFID throughout Europe. The new MiFID offering is part of the TradeEMS suite of products offered to the buy side to improve and automate the trading process and bring a new level in best execution, integration of liquidity and simplicity in deployment.

Philippe Buhannic comments further, “All our buy side clients distributing their products in Europe will feel the impact of the wide ranging MiFID market changes. TradingScreen supports the full trade order management life cycle across all asset classes through efficient electronic linkage of buy and sell side traders. This gives us a unique perspective on how clients achieve best execution today. Using this knowledge will allow us to assist clients to develop more formal best execution policies. The new services will facilitate venue selection in the post MiFID environment and be further supported through our new online reporting to provide flexible review and monitoring that can be used by all areas within the client organisation including compliance, trading and senior managers.”

For more information on TradingScreen, or to request a demo, please contact TradingScreen at:
US NY Sales: +1 212 349-4100 US Chicago Sales +1 312 447-0100
European Sales: +44 (0) 207 149 3102
Japan Sales: +81 (0) 3 4540-8500
Hong Kong Sales +85 2251 2240
Or email us at sales@tradingscreen.com

ABOUT TRADINGSCREEN
TradingScreen Inc. is accelerating the technical evolution of the financial markets by providing a fully integrated, customer-oriented trading service platform to institutional investors. The proprietary TradingScreen platform links institutional investors and sell side firms together to facilitate order routing, execution management, clearing, and additional value added services, such as real straight through processing and prime brokerage enabling across all asset classes. TradingScreen provides global coverage from offices in New York, Chicago, London, Paris, Hong Kong and Tokyo.

TradingScreen’s flagship product, TradeSmart, is a customisable front-end GUI (Graphical User Interface) that enables the buy side to trade a broad portfolio of financial instruments, around the clock, on any market and with a wide range of counterparties. TradeSmart is unique in its ability to aggregate multiple dealers and multiple products onto a single screen format for electronic order routing. Its ASP (Application Service Provider) model enables very rapid deployment and activation of users into live trading and incorporates the most comprehensive and intuitive access to the proprietary algorithmic trading strategies offered by the leading global brokers. TradeSmart also makes available a number of the modules that support other order management activities such as Allocations and Position and P&L tracking.

For More Information, Please Contact: