Where Will Your Stock Trade in the Future? Exchanges to Debate the Future of Electronic Trading

Business Wire, Oct 20, 2005

NEW YORK -- The walls are shaking on Wall Street.

Following April's NYSE/Archipelago and NASDAQ/Instinet merger announcements, the future of stock trading in the U.S. was thrown into a tailspin. The New York chapter of the National Investor Relations Institute (NIRI-NY) will host a debate on Thursday, October 27, 2005 to explore what these mergers mean for Investor Relations Officers - where and how their stocks will be traded.

To be held at New York's Warwick Hotel from 5:30 PM to 8:00 PM, the NIRI-NY panel of insiders will debate key issues, including:

--The difference between the NYSE/Archipelago hybrid system and the Nasdaq/Instinet electronic system?

--How will volume, pricing, liquidity, transparency and execution be impacted?

--Can these markets coexist?

--How should IROs prepare for the change?

Participants will include:

Representing the NYSE will be Peter Jenkins, senior vice president, Institutional Client Group. Mr. Jenkins is responsible for overseeing the NYSE's relationship with the buyside community and key individual stakeholders, including mutual funds, public and corporate pension funds, non-profit organization, and hedge funds.

Representing Nasdaq will be Christopher R Concannon, executive vice president, Transaction Services and one of the key executives working on the Nasdaq/Instinet transaction. Prior to joining Nasdaq, Mr. Concannon was president of Instinet Clearing Services, Inc., where he managed the clearing and execution services business.

Representing the AMEX will be Antoine Shagoury, Chief Information Officer responsible for trading technology. He also supports business development, market structure, and strategic planning initiatives.

The NIRI-NY panel will be moderated by Prof. Robert A. Schwartz of Baruch College, an impartial expert on world trading systems. He has published extensively on the structure of equity markets and trading.

The event is open to professional journalists free of charge. Advance RSVP required.

Where Will Your Stock Trade in The Future?

Date: Thursday, October 27, 2005

Where: The Warwick New York, 65 West 54th St. (6th Ave)

When: 5:30pm - 8:00pm

ABOUT NIRI - NIRI-NY, the founding chapter of the National Investor Relations Institute (NIRI), is also its largest, with over 650 members. Founded in 1969, NIRI is a professional association of corporate officers and investor relations consultants responsible for communication among corporate management, the investing public and the financial community. Our members represent the majority of the largest publicly held corporations in the U.S. as well as many small and mid-sized companies. With over 4,300 members in 35 chapters around the country, NIRI sets the highest standards in education to advance the practice of investor relations and meet the growing professional development needs of those engaged in the field. For more information, visit www.niri.org