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TS TradeSmart

TradingScreen Releases TS TradeSmart v2.0

TradeSmart version 2.0 combines a redesigned user interface with greatly enhanced functionality for electronic trading across multiple asset classes

NEW YORK (November 12, 2004) TradingScreen Inc, the leader in Buy Side to Sell Side connectivity, global trading platforms and STP solutions for Traditional and Alternative Asset Managers across asset classes, announces the release of TradeSmart version 2.0, a major enhancement to its highly successful TradeSmart product line. TradeSmart v2.0 will be officially presented to the financial community in a series of roadshows in the major financial centers. The first series of presentations will take place in Tokyo on November 10, 2004 and in New York and London simultaneously on November 17, 2004.

TradeSmart is TradingScreen's customizable front-end GUI (Graphical User Interface). The product enables buy-side clients (Hedge Funds, Traditional Asset Managers, Private Bankers and Proprietary Trading Desks) 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 the electronic order routing of both direct market access discretionary orders and Notice of Executions (NOE’s) to a large number of broker destinations. Its ASP (Application Service Provider) model enables very rapid deployment and activation of users into live trading. TradeSmart 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 (TradeAllocation), Positions and P&L (TradePosition). Over the last 5 years, TradingScreen has become the system of choice to equip the hedge fund trading desks and proprietary trading groups with direct access trading and to meet the complex execution management capabilities of large traditional asset managers. TradeSmart connects to many of the leading portfolio and order management systems to ensure genuine STP (Straight-Through- Processing).

“This new version is a quantum leap towards improving and simplifying the environment of the active trader compared to currently existing tools. It provides an efficient link between portfolio management systems and pure connectivity networks while making it even easier for traders to send trades to any of the hundreds of destinations currently in production on the platform across all asset classes. This is achieved by using a single order management system and the same trading environment,” says Philippe Buhannic, president and CEO of TradingScreen. “TradeSmart v2.0 includes a number of cutting edge functionalities for trading equities, futures, options and foreign exchange, while offering a seamless integration and a high level of simplicity in the areas of connectivity, trading and straight-through-processing. Our goal is to integrate all the necessary tools of a sophisticated trader to free him/her to concentrate on their trading activity and reduce their trading costs.”

TradingScreen’s customers include a large proportion of the world’s leading hedge funds and a fast growing community of the top traditional asset managers and private bankers – combining more than 1.65 trillion USD under management.

Among other developments, TradeSmart v2.0 Delivers:

• An ergonomically optimized user interface for more efficient trading.
• A string of new and unique US Equity Market trading tools.
• Enhanced functionality for trading Futures, Options and Spreads.
• A full coverage of all options exchanges in the US.
• A FastX streaming quote window to trade Foreign Exchange.
• An intuitive Options visualization enhancing the market view.
• A “Smart Market Depth” view improving visibility of users’ working orders.
• A full one-click integration of complex configurable strategies within the same ticket.
• TradePro: A powerful Strategy Building Tool to build and execute complex trading strategies.
• An intuitive strategy hub for reaching the proprietary algorithmic trading strategies of the leading global brokers.
• A discretionary IOI (Indication Of Interest) capability incorporated in the work flow.
• An ever larger number of sell-side institutions with which to trade, clear, and settle.
• A comprehensive allocation process providing net proceeds calculation.

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, London, Hong Kong and Tokyo.

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