PORTFOLIO SHOP ROLLS WITH FLYER TRADING NETWORK

Integrates Real Time Drop Copies in FIX for Risk Management

New York, New York — June 15, 2010 — FIX Flyer LLC, the leading provider of trading systems and network solutions, today announces that PortfolioShop is live on the Flyer Trading Network (FTN), the industry–leading solution for real–time risk management and post trade processing. PortfolioShop uses Flyer to connect and integrate to Goldman Sachs via FTN in order to receive drop copies of execution reports. The execution reports are served to PortfolioShop’s risk management applications so that clients like NorthPoint Trading Partners get real time updates throughout the trading day. The solution replaces the inefficient end of day processing that was not providing the level of transparency that PortfolioShops’ clients demand.

Harvey Sontag, President of PortfolioShop said, "We needed a solution quickly and FIX Flyer is the only provider that truly understands the issues inherent in a combined integration and network solution. They are truly plugged into a global trading community making a system like ours complete for our clients. FIX Flyer is the industry’s leading trading backbone. "

PortfolioShop uses FTN to connect anywhere without the hassle of integrating and managing a FIX engine, certifying FIX sessions, or developing custom counterparty interfaces. FTN allows PortfolioShop to bypass other expensive networks and simplify the integration to their trading and risk management applications.

Doug Nelson, CEO of NorthPoint Trading Partners said, "By enabling the PortfolioShop for real time updates in FixQ, FIX Flyer has provided our firm and our clients with real value and enhanced risk management capabilities. "

FTN is a broker–neutral network combined with a universal translator normalizing messaging.

"We are excited that PortfolioShop uses FTN for their risk management processing, " said Brian Ross, Chief Executive Officer of FIX Flyer. "PortfolioShop joins an increasing number of FIX Flyer clients who are moving to manage risk in real time, ultimately providing more efficiency for our clients and better returns for theirs. "

PortfolioShop is one of over 140 sophisticated clients that have joined FTN, which provides them with access to real–time trading drop copies to the largest and most important participants in the industry. Portfolio managers subscribing to FTN can realize even greater efficiencies by processing trades and drop copies seamlessly to their customers with improved workflow and speed.

About FIX Flyer

Based in New York City, FIX Flyer develops advanced technology for managing complex, multi–asset, institutional securities trading using highly scalable internet networks and technologies. FIX Flyer provides Managed FIX services, FIX engines, FIX monitoring, FIX certification and testing tools, CSA reporting, latency and flow analysis, zero–install and fully hosted web applications to manage algorithmic trading and fund allocations for portfolio and wealth managers. The Flyer Engine is the first FIX server designed to manage high volume, ultra–low latency trading networks and ECNs, easily scaling to thousands of connections. FIX Flyer hosts and partners with Equinix, the leading global provider of network–neutral data center and interconnection services and is an IBM PartnerWorld member. Visit www.fixflyer.com for company information and to download Flyer for a free evaluation. FIX Flyer is a member of the FIX Protocol Ltd., the industry–led standards organization.

About PortfolioShop

PortfolioShop has been providing software solutions for the securities industry since 1999. We have a reputation for delivering dependable, accurate solutions to firms of all size. Our products are used by investment managers, broker dealers, hedge funds, and arbitrageurs worldwide.

For more information about FIX Flyer please contact:
Nick Nickitas
FIX Flyer
+1 888 349–3593
nick@fixflyer.com

Brian Ross
FIX Flyer, LLC
+1 888 349–3593
brian@fixflyer.com