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FutureTrade and The Williams Capital Group, L.P. Announce Electronic Partnership

New York, NY and Lake Forest, CA - May 9, 2006 |  View PDF

The Williams Capital Group, L.P. (“Williams Capital”), a leading minority-owned institutional brokerage firm providing full service execution to institutions, hedge funds and corporations and FutureTrade, a leading provider of electronic equity, option and algorithmic trading execution services, today announced an agreement whereby Williams Capital’s clients will use the FutureTrade electronic trading platform for self-directed direct market access and algorithmic execution and FutureTrade’s clients will have direct electronic access to Williams Capital’s equity desk. Under the terms of the private label agreement, Williams Capital will market the latest FutureTrade offering, Version 3.3, which features advanced algorithms, transaction cost analysis, commission management and integration with all of the major buy-side Order Management Systems.

Through the FutureTrade platform, Williams Capital’s users can execute single stock and list trades through their choice of electronic execution venue or through a suite of algorithms including VWAP, implementation shortfall and BLOCK. Users can utilize the order management capabilities of the platform to facilitate internal communication between traders, implement and track orders, view portfolio values and P/L in real-time and allocate executions or integrate with their chosen OMS. Execution quality can be measured using the integrated transaction cost analysis capabilities.

"We are very pleased to offer our clients the host of trade execution and liquidity enhancements provided by the FutureTrade platform,” said Christopher J. Williams, Chairman and CEO of The Williams Capital Group. “The equity market's increased use of technology based trading applications makes FutureTrade an excellent partner as Williams Capital seeks to enhance the service that we provide to our institutional relationships.".

Beginning immediately, Williams Capital’s users can benefit from the latest features available through FutureTrade's platform which have been designed to further enhance the ease and functionality of the platform while enabling integrated multi-security trading of equities. Recent upgrades include support for list trading, order staging and symbol-based order preferences in equities as well as integrated independent transaction cost and commission analysis.

"We are excited to be adding another well regarded institutional brokerage to our list of LiquidityPATH partners and enabling our clients to select Williams Capital as a trading destination and enabling Williams Capital’s clients to more efficiently access the electronic markets as part of their relationship with Williams Capital. As changes to the US market-structure accelerate, electronic trading and analysis tools become essential services required by institutional traders and offered as part of their relationship with their brokerage partners. "

Williams Capital Group, L.P.
The Williams Capital Group, L.P.'s domestic trading desk provides our clients with full service execution for all listed and over-the-counter stocks. We have a diverse client base, from small institutional and hedge fund managers to multi-billion dollar mutual funds, insurance companies and public and private pension funds. Our traders have participated in the stock buy back programs of many top Fortune 500 companies. Williams Capital's domestic trading team averages 15 years of trading experience, led by the head of domestic trading who has 22 years of trade execution experience. Our seasoned trading staff quickly deciphers market information and advises clients regarding best execution strategies. Our traders provide clients with proprietary research generated by our analytical staff. The domestic trading staff has access to a network of two dollar brokers that enables our team to provide clients with up to the minute information direct from the exchange floor. Our state of the art trading technology allows us to execute orders of varying sizes, from single stock orders to large program trades, and also provides a direct electronic link between our trading desk and the trading desks of our clients.

Contact Information:
DiAnne Calabrisotto
COO
Telephone: (212) 830-4559
Email: calabrisotto@willcap.comm

About FutureTrade
FutureTrade provides buy-side traders with a fully integrated direct access trading platform for equities and options. Through one platform, traders access liquidity on all major exchanges, ECNs, ATSs, Market Makers, DOT and all major US Options Exchanges. Users enter orders, get instantaneous executions, track multiple portfolios, access market data efficiently, and see advanced analytics -- all from a single integrated workstation. FutureTrade facilitates real-time reporting of trade data making it an ideal front-end to straight-through processing for buy-side traders. Market conditions and system performance may delay system access, real-time data and trade execution. Transactions executed through FutureTrade Securities, a wholly owned subsidiary of FutureTrade Technologies. Securities offered through FutureTrade Securities, LLC. Member of NASD and SIPC. For more information, please visit www.futuretrade.com.

Contact Information:
Jim Kwiatkowski
EVP Sales and Marketing
(212) 230-2501
Email: jimk@futuretrade.com