TradeKing adds Angelo Benedetto

TradeKing(TM) Adds Benedetto, Continues to Enhance Online Trading Site With>New Fixed-Income Trading Offering>Leading online brokerage firm welcomes Angelo Benedetto, renowned trading veteran, to oversee new fixed-income product>>

Last Update: 9:00 AM ET Feb 12, 2007>>BOCA RATON, Fla., Feb 12, 2007 /PRNewswire via COMTEX/ -- TradeKing, a>nationally licensed online broker dealer, today welcomed Angelo Benedetto,>a distinguished Wall Street veteran with deep roots in the U.S. markets, as>its director of Fixed- income Trading. Benedetto will oversee TradeKing's>newly launched web-based fixed-income trading platform added to complement>the site's acclaimed equities and options offerings.>>TradeKing's new fixed-income platform is powered by the trusted leader in>fixed-income trading technology, ValuBond Inc., a subsidiary of Knight>Capital Group, Inc. (NITE) The newly-minted bond trading processes have>been fully integrated to increase efficiency and automate workflows,>putting TradeKing's fixed-income offering on par with its widely-lauded>equities and options capabilities.>>"The fixed-income platform is something our community of traders has been>requesting to round out the trading capabilities on our site," commented>Don Montanaro, CEO, TradeKing. "And bringing an industry luminary like
>Angelo onboard to oversee this endeavor will ensure that our offering>remains second to none in the industry. Angelo has a long and illustrious>career in equity, option and fixed income trading and we're thrilled he'll>be applying his considerable experience and knowledge to help our clients>succeed.">>TradeKing's fixed-income platform leverages ValuBond's industry-proven and>advanced trading features, including access to live secondary market>trading, new issues, corporate bonds, treasuries, municipals, strips and>zeros, agency bonds, CDs and related tools - all through one seamless web>interface. The fixed-income platform continues the company's tradition of>providing new, sophisticated tools and services on an ongoing basis. In>just its first year of operation, TradeKing was honored by The Wall Street>Journal's SmartMoney magazine(1) as the #1 Discount Broker in the>publication's annual survey of U.S. brokers. Additionally, Barron's(2)>praised TradeKing as Best in Costs among Web Brokers in its 2006 Online>Broker Survey, ahead of industry stalwarts such as Schwab (SCHW) and TD>Ameritrade (AMTD).>>

About Angelo Benedetto>Benedetto has been in the securities trading industry since 1956, with more>than 50 years of trading experience. Prior to joining TradeKing, he served>in a number of senior roles at leading securities trading firms, including>Vice President of trading at Josephthal and Company, Vice President of>Trading at US Clearing, and senior Vice President of Institutional Trading>at Aegis Capital Corp. He has served on the advisory boards of the>American, Chicago, Boston and Pacific Coast stock exchanges, and of the>Options Committees of the American and Philadelphia exchanges.>>"What made TradeKing stand out to me were its experienced and respected management team and their genuine commitment to attracting new clients>through transparent and democratic pricing, top-of-the-line tools and>friendly educational services, as opposed to merely acquiring customers>through industry consolidation," said Benedetto.

"I'm delighted to join the>TradeKing team and am confident the fixed-income component of their trading>suite will be a tremendous boon to the online investor community.">>Other Industry Leaders Salute TradeKing and Benedetto:>Meyer "Sandy" Frucher, chairman and CEO of the Philadelphia Stock Exchange>said, "Angelo is a pro. He not only has superior trading skills honed over>half a century, he's also one of those special guys who know market>structure and technology as well. What a great hire for Trade King!">>According to Dave Herron, chairman of the Chicago Stock Exchange,>"TradeKing has made a great addition in bringing Angelo Benedetto aboard.>Angelo combines a wealth of experience with great instincts and the>flexibility to adapt to our rapidly changing environment to be a great>ambassador for our industry. TradeKing has a great platform and Angelo will>help the company maintain and grow its presence in our industry.">==============================>