SUPERDERIVATIVES OFFERS ACCESS TO LIFFE CONNECT TRADING PLATFORM

Posted February 26, 2008

NEW YORK – Derivatives trading system provider SuperDerivatives has entered a partnership with the Liffe derivatives exchange owned by NYSE Euronext to provide its users with direct access to the LIFFE Connect electronic trading platform.

“The partnership will give SuperDerivatives customers the ability to price, analyze and trade exchange-traded Liffe products within SuperDerivatives’ applications alongside OTC products – allowing them greater flexibility in choosing the right market for realizing their investment goals,” says Paul MacGregor, Director Technology Partnerships, Liffe.

With access to LIFFE Connect, SuperDerivatives’ users will get streaming prices from the Euronext exchange and interact with the market through SuperDerivatives’ web-based applications.

“The combination of SuperDerivatives and Liffe represents a convergence of the OTC and exchange markets for the benefit of all users,” says David Gershon, President and Chief Executive Officer, SuperDerivatives. “By connecting the power of SuperDerivatives’ analytics with the liquidity of Liffe, we are creating a true idea-to-execution, streamlined process. This will eventually increase liquidity and bring greater transparency to interest-rate derivatives products and other LIFFE Connect derivative products.”

SuperDerivatives pricing system will merge OTC prices with exchange prices to maximize transparency for users with the target of tightening the bid-offer spreads in the corresponding exchange products.