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NYFIX Millennium Sets New Record, Matches More Than 50 Million Shares.

NEW YORK -- NYFIX Millennium LLC, a subsidiary of NYFIX, Inc., announced a single-day record of 50,156,676 shares matched in its Millennium alternative trading system on February 14, 2007. Trades were matched in over 1,600 individual symbols. The single-day record follows on the heels of Millennium's record-setting January in which 712,493,462 shares were matched for an average daily volume of 35,624,673.

"We have seen a steady and consistent rise in Millennium volumes over the past several months," said Brian R. Carr, Chief Executive Officer of NYFIX Millennium LLC. "As the interest in dark pools and non-displayed liquidity continues to grow, we have seen more customers trading more symbols in larger size than ever before." More than 468 million shares representing over 5,500 symbols passed through Millennium yesterday.

For 2007 year to date, the average daily matched volume in NYFIX Millennium was 37.5 million shares. This represents a 94% increase over the daily average of 19.2 million shares matched during the same period in 2006. The average number of symbols executed daily was 1,532 compared to 670 during the same period in 2006.

Included in the Millennium volume figures are conditional orders that are executed against pass-through orders and other conditional orders, and third market trades crossed by clients and reported by NYFIX Millennium to Nasdaq.

NYFIX Millennium is an automated execution venue designed to maximize execution quality and reduce overall transaction costs. Millennium offers users the opportunity to achieve price or liquidity improvements while mitigating negative impact for institutional-size trades. Linked to the primary markets and exchanges, Millennium leverages the power of the NYFIX Network while its real-time matching algorithm routinely executes trades at or better than the National Best Bid or Offer (NBBO).

About NYFIX, Inc.

A pioneer in electronic trading solutions, NYFIX continues to transform trading through innovation. The NYFIX Marketplace(TM) is a global community of trading counterparties utilizing innovative services that optimize the business of trading. NYFIX Millennium provides the Marketplace community with new methods of accessing liquidity. NYFIX also provides value-added informational and analytic services and powerful tools for measuring execution quality. A trusted business partner to buy-side and sell-side alike, NYFIX enables ultra-low touch, low impact market access and end-to-end transaction processing.

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. These statements include statements about the future activities of new employees and the impact thereof on the Company. Investors are cautioned that all forward-looking statements involve risks and uncertainty, including, without limitation, risks relating to the ability of the Company to market and develop products and services. There can be no assurance that the forward-looking statements will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements, the inclusion of such information should not be regarded as a representation by the Company or any other person that the objectives and plans of the Company will be achieved. All trademarks, trade names, logos, and service marks referenced herein belong to NYFIX, Inc.

Please visit http://www.nyfix.com for more information about NYFIX.
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Publication:Business Wire
Date:Feb 15, 2007
Words:550
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