Reuters Adds BNY ConvergEx Group to its Multi-Broker Platform to Provide Next-Generation Global Electronic Trading Services.

NEW YORK -- Reuters (LSE: RTR; NASDAQ: RTRSY), the global news and information company, today announced that it has added BNY ConvergEx Group, LLC, a leader in agency brokerage and investment technology solutions, to its multi-broker platform to offer advanced, global direct market access trading capabilities through Reuters Trading for Exchanges (RTEx). RTEx is a comprehensive electronic trading solution for financial institutions around the world dealing in exchange traded markets. RTEx provides a fully hosted trading suite, as well as a powerful multi-asset class trading engine.

Through RTEx, BNY ConvergEx Group provides a single connection to over 50 global markets, including the U.S., in a conflict-free, pure agency environment. Clients maintain complete anonymous control of their orders, utilizing sophisticated order routing capabilities to access liquidity and obtain the fastest possible route to the market. They also have access to a full array of algorithms to accomplish their trading objectives. BNY ConvergEx Group powers these innovative capabilities by leveraging the advanced global equity execution and clearing technology engineered to support G-Trade.

Stephen Wilson, Global Head of Exchange Traded Instruments for Reuters said: "This partnership marks a major endorsement of the value of RTEx which launched recently. It is significant that BNY ConvergEx Group has selected Reuters as a global execution partner to ensure customers have access to the highest standards of information, technology and transaction capabilities. This initiative demonstrates the value of our Core Plus growth strategy."

Joseph M. Velli, Chairman and CEO of BNY ConvergEx Group, said: "We actively seek out partnership opportunities that help us continue to offer a broad array of value-added integrated solutions. Partnering with Reuters reflects our commitment to providing our clients with the most up-to-date trading tools and advanced technology available. Through a single RTEx enabled desktop, clients will now have the ability to trade on any major global exchange from one ticket, as well as access real-time global markets information. This partnership offers clients a unique global trade execution capability that further enhances our comprehensive suite of brokerage and clearing solutions."

About Reuters

Reuters is the world's largest international news and financial information source, reaching over 1 billion people a day. Known for its speed, accuracy and independence, Reuters content powers newsrooms and financial markets around the world. Reuters distributes its text, data, pictures and video to professionals and direct to consumers via online and digital services. Founded in 1851, Reuters Group has 16,800 employees in 89 countries and had annual revenues of [pounds sterling]2.4 billion/$4.4 billion in 2005. For more information and the latest news, visit www.reuters.com

About BNY ConvergEx Group

BNY ConvergEx Group, LLC provides premier institutional agency brokerage and investment technology solutions designed to deliver a comprehensive, integrated approach to the investment cycle, from idea generation and trade execution to clearance and settlement. The Company offers a broadly diversified suite of services providing innovative solutions in trade execution, clearing and settlement, commission management, independent research, transition management and trade order management technologies. BNY ConvergEx Group is comprised of the following businesses: BNY ConvergEx Execution Solutions LLC (member NYSE/NASD/SIPC), including BNY Global Transition Management and LJR Recapture Services; BNY Jaywalk LLC, Eze Castle Software LLC; G-Port; and Westminster Research Associates LLC (member NASD/SIPC). BNY ConvergEx Group is an affiliate of The Bank of New York Company, Inc. (NYSE: BK). Additional information is available at www.bnyconvergex.com.