FOR IMMEDIATE RELEASE

Trading Technologies CEO Responds to Crain’s Article

CHICAGO, July 1, 2009 — Recently Crain's Chicago Business ran an article about the upcoming launch of the ELX Futures exchange and Trading Technologies (TT). The article centers on the notion that "bad blood" between Howard Lutnick (the CEO of BGC Partners) and me is the reason why TT currently has no near-term plans to connect to ELX. Please allow me to address this point.

Although TT and BGC Partners have been involved in a legal dispute over the past several years, I don't know of any bad blood between Howard and me. Even if there was any, such a fact would not carry weight as to how TT prioritizes exchange connectivity.

In this regard, TT listens intently to what its customers and the relevant exchanges have to say. This feedback, in conjunction with TT’s mission of maximizing its impact on end user results, leads to judgment calls and decisions. TT currently has sixteen exchanges on its exchange priority list (ELX being in the lower half of this list) and is presently in the process of building gateways to four of these exchanges. Before delivering any gateway to market, premium quality needs to be achieved.

Sincerely,
Harris Brumfield
CEO, Trading Technologies

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 dozens of the major international derivatives exchanges. 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. TT has received "best in class" awards from numerous independent third parties including FOW, Buy-Side Technology, The Technical Analyst and Chicago magazines as well as the Illinois Information Technology Association (ITA).