MidasTrade Expands Services to Include Futures.

Business Editors/High-Tech Writers

BUENA PARK, Calif.--(BUSINESS WIRE)--April 9, 2003

MidasTrade.com Inc. (OTC: MIDS) announces that its subsidiary Midas Securities, LLC has expanded its services to include security futures, which include single stock futures (SSFs) and narrow based indices. Midas Securities now offers clients the opportunity to trade security futures through OneChicago, a joint venture between the Chicago Board Options Exchange, Chicago Mercantile Exchange and the Chicago Board of Trade; as well as Nasdaq Liffe Markets, a joint venture between NASDAQ and The London International Financial Futures and Options Exchange. These new marketplaces have been created to take advantage of changes in the U.S. regulatory environment and the repeal of the Shad Johnson Accord, allowing investors to trade futures on individual stocks for the first time on U.S. regulated exchanges.

Through the Midas Global Direct Access Network (Midas GDAN), international investors and professional traders now have direct access to these exciting new products. Midas Securities anticipates that its international client base will benefit from these products that have been previously unavailable to international investors. A number of broker/dealers in Hong Kong and Seoul, Korea have expressed a strong interest in these services. SSFs offer a range of diversity and opportunity for investors and are expected to experience a strong period of growth as investors become introduced to the benefits of SSFs.

A stock futures contract is an agreement to buy or sell shares of individual companies some time in the future at an agreed upon price. SSFs also require reduced capital upfront compared to trading on the traditional cash market as the trader is only required to pay margin. Therefore, capital investment only amounts to margin payable which frees up capital for other investments. SSFs allow traders to profit no matter what direction the market moves. If a trader is bearish on the market, the trader can sell a contract, then make a profit by buying that contract back later when the price decreases. This may decrease the need and costs associated with stock borrowing. SSFs also allow investors to switch exposure from one stock to another without disturbing the underlying stock holding.

About MidasTrade.com Inc.

MidasTrade is a U.S. based company committed to the deployment of the Midas Global Direct Access Network that allows international investors to trade U.S. Securities, Options and Futures in real time through their online trading account. The Midas GDAN is designed to provide international investors immediate execution and confirmation of their U.S. securities trade with minimal surcharges and commissions. Additional information is available at www.midastrade.com.

Certain statements contained herein are "forward-looking" statements (as such term is defined in the Private Securities Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements.