Track Data's Track ECN Adds Lime Brokerage as a Takeout Subscriber

Business Wire, August 1, 2005

BROOKLYN, N.Y. -- Track Data Corporation (NASDAQ: TRAC) today announced that its Track ECN (Market Participant ID: "TRAC") has added Lime Brokerage LLC as a takeout subscriber. Previously, Lime Brokerage had been a supplier of liquidity to Track ECN, but not a taker. The signup comes as Track rolls out its "Hit us First!" advertising campaign, which trumpets its new pricing policy that allows traders to take away liquidity from its book for only $2.50 per thousand shares.

"Track ECN had always been about the generous rebate for adding liquidity--$2.70 per thousand shares that we could pass right back to our customers," said Alistair Brown, CEO, of Lime Brokerage LLC "Now Track ECN is focusing on the other side of the book, lowering its takeout fee to $2.50. When you do the kind of volume we do, that savings adds up to real money in a hurry."

"We knew we had to get Lime to start taking more liquidity," said Joe Schultz, Vice President of Track ECN. "Lime was the perfect test case for our new pricing policy--they need a venue that can handle extremely high volume, give them great executions, and save them money. We're happy to have them at Track ECN. . .on both sides of the book."

When you send your order directly, Track ECN will first sweep its book, charging you $2.50 per thousand shares for the liquidity you take. Then, if Track ECN needs to route out part or all of your order, the ECN will charge you $3.00 per thousand shares routed out.

TRACK ECN PRICE SCHEDULE FOR NASDAQ SECURITIES
Order Type          Rebate for                 Fee for
                    Adding Liquidity           Taking Liquidity
                    (per thousand shares)      (per thousand shares)
Internal Match      $2.30                      $2.50
Other Match         $2.70                      $3.00

The $2.50 per thousand shares takeout fee is available on all orders sent through a "direct connection" to Track ECN, even orders from non-subscribers. "Direct connection" excludes orders sent through third parties, such as other ECNs, Nasdaq's SuperMontage, or any other Exchange. You must be a subscriber to get the rebate for adding liquidity.

Additional information about Track ECN's price schedule can be obtained at the ECN's web site, http://www.trackecn.com, or by calling Joe Schultz at 1-718-260-4282.

About Track ECN

Track ECN competes with six other ECNs, down from a dozen when Track ECN commenced business. The three largest competitors are Archipelago (Pacific: AX), Instinet (Nasdaq: INGP) and Nasdaq/Brut (Nasdaq: NDAQ).

About the Companies

Lime Brokerage LLC is a direct access securities broker. The firm caters to professional traders, hedge funds, and institutions that require a technologically advanced broker to effectively execute their securities and futures transactions through NASDAQ, ECN's, the NYSE, CME, and CBOT.

Track Data Corporation is a New York-based financial services company that provides direct access brokerage, real-time financial market data, news, and research to institutional and individual investors through dedicated telecommunication lines and the Internet.

For professional investors, Track Data Securities offers proTrack, a direct access trading platform with fully integrated market data. proTrack offers unbiased trade routing, allowing clients control over where their orders are sent. proTrack is also available to broker-dealers under a service bureau arrangement as an execution platform.

For individual investors, Track Data Securities offers myTrack and TrackTrade, both fully integrated, Internet-based online trading and market data systems. Each platform offers direct access online trading, allowing users the choice of where to route their equity and options orders. myTrack and TrackTrade offer continuous, dynamic streams of live market data powered by application-based software and a constant server connection similar to systems used by professionals.

For all investors, the Company's NewsWare division offers NewsWatch, a PC-based application that aggregates news from thousands of sources. Featuring real-time full text filtering and complex queries, its real-time alerting functions allow users to choose topics of interest and be among the first to know when news breaks.