Trading Edge, Inc. Appoints Daniel T. Brooks Senior Vice President, General Counsel.Business Editors NEW YORK--(BUSINESS WIRE)--March 27, 2000 Trading Edge, Inc., a fixed-income securities broker and creator of BondLink(TM), today announced that Daniel T. Brooks has joined the Company as Senior Vice President and General Counsel. Mr. Brooks has more than 25 years of legal experience with broker-dealer and exchange regulation of trading and information systems, technology transfer, intellectual property and licensing. An electrical engineer with degrees from Princeton and Stanford, he has also provided counsel in areas such as acquiring, outsourcing and using computer systems, software, services and the Internet. During his career, Mr. Brooks has acted as outside counsel to Instinet, to Reuters in connection with its Globex(R) and other joint ventures, and to numerous other systems and entities, including the National Quotation Bureau National Quotation Bureau A service that publishes bid and offer quotes from market makers in OTC transactions. National Quotation Bureau , Optimark and the Arizona Stock Exchange Arizona Stock Exchange A single price auction exchange for equity trading that allows anonymous buyers and sellers to trade at low transaction costs. . "Dan Brooks brings unique experience and expertise in financial regulatory and technology issues that will assist Trading Edge to remain at the forefront of online bond trading," said Murray L. Finebaum, Chairman and CEO of Trading Edge. "Dan will be instrumental in Trading Edge's continued dynamic growth in this rapidly-evolving industry." Since its launch by Trading Edge in April 1999, BondLink has revolutionized the bond trading industry by offering the first internet-based, cross-matching solution that offers transparency and anonymity in online fixed income trading. BondLink currently offers secure trading of high-yield, emerging market and convertible bonds and will introduce municipal bond trading in the second quarter. BondLink is currently installed on more than 700 workstations, representing more than 275 institutions. "I'm excited to join the leader in online bond trading," said Mr. Brooks. "Trading Edge's internet-based, anonymous, cross-matching model is the best solution for online bond trading, and the Company has among the strongest and most-experienced management teams in the industry." Prior to rejoining Cadwalader, Wickersham & Taft as a partner in 1985, Mr. Brooks was head of Computer Law Advisers in Springfield, Virginia and prior to that was an Attorney Fellow, Office of Market Structure, Division of Market Regulation, U.S. Securities and Exchange Commission, responsible for computer related issues in the National Market System. Mr. Brooks is a member of multiple professional organizations, including: the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). , Virginia, New York, California, American and City (N.Y.) Bar Associations; the Computer Law Association (Past President & Director, currently on Board of Advisers); the Association for Computing Machinery See ACM. Association for Computing Machinery - Association for Computing ; and the Institute of Electrical and Electronics Engineers Not to be confused with the Institution of Electrical Engineers (IEE). The Institute of Electrical and Electronics Engineers or IEEE (pronounced as eye-triple-e . He is also a frequent speaker and author on topics including on-line financial information and trading systems, technology, copyright, trade secret, contract, and other matters such as computer industry macro-economics, e-mail issues and privacy, database protection, electronic contract formation, reverse-engineering, fair use, liability, malpractice by computer professionals, litigating computer disputes and computer crime. About Trading Edge, Inc. Trading Edge, Inc. is a fixed-income securities broker with offices located in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , Washington, D.C. and Santa Monica, California. In addition to marketing and developing BondLink and BondLink News Service, the Company is a member of the National Association of Securities Dealers National Association of Securities Dealers (NASD) Nonprofit organization formed under the joint sponsorship of the investment bankers' conference and the SEC to comply with the Maloney Act, which provides for the regulation of the OTC market. (NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). ) and the Securities Investor Protection Corporation Securities Investor Protection Corporation (SIPC) A nonprofit corporation that insures customers' securities and cash held by member brokerage firms against the failure of those firms. (SIPC (Simply Interactive PC) An earlier umbrella term from Microsoft and Intel for a PC that works like a home appliance. For example, it has a sealed case, uses external connectors for expansion and boots in just a couple of seconds. ). Founded in 1997, Trading Edge received funding from Brentwood Venture Capital, Media Technology Ventures, Technology Crossover Ventures, three of the nation's foremost strategic partners specializing in early-stage and emerging technology and information companies. Credit Suisse First Boston Credit Suisse First Boston was originally the trading name of the Financière Crédit Suisse-First Boston, a London-based 50-50 investment banking joint venture formed in 1978 between the First Boston Corporation and Credit Suisse. also invested in Trading Edge and acquired an equity position in December 1999. For more information, visit www.tradingedge.com. Qualified institutional investors can request the BondLink service by contacting Trading Edge toll free at 877-314-2244 or by registering online. All Company and product names are trademarks of their respective holders. |
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