Midastrade.com Inc.

Midastrade.com Inc.

April 04, 2007 14:12 ET

MidasTrade Offers Futures Data to Korea & Access to KOSPI Trading

BUENA PARK, CALIFORNIA--(CCNMatthews - April 4, 2007) - MidasTrade.com Inc. (PINK SHEETS:MIDS) announces that its subsidiary, Midas Securities, LLC, has completed the implementation of the system and network to offer Futures and Commodities market data from North America, Europe and Asia to Korean securities and futures firms. Midas will offer a two tier data package to both the North American markets (CME, CBOT, CBOE, COMEX, NYMEX, NYBOT) and global markets (LME, Eurex, SGX, Tokyo Stock Exchange).

Midas Securities, LLC will offer KOSPI quotes and OMS (Order Management Services) to developers in the U.S which is an integral piece for US institutions wishing to develop KOSPI trading systems. Midas will also provide access to the KOSPI market after the development. In addition, Midas will host "trading system" for global derivatives trading firms at its data center in Seoul, Korea. Through Midas Direct Access Server, these trading systems will access the KOSPI market without any latency while satisfying Korea FSS (Financial Supervisory Service) regulations.

Jay Lee, President and CEO of Midas Securities, commented: "We are excited about the completion of these services which will give Midas Securities a strong competitive advantage and offer a one-stop solution for cross boarder trading of Futures and Commodities on both directions."

About MidasTrade.com Inc.

MidasTrade is a U.S. based company committed to the deployment of the Midas Global Direct Access Network (GDAN) that allows investors to trade securities, options and futures in real time via their online trading account through the MidasTrade network of participating exchanges all over the world. The MidasTrade GDAN is designed to provide investors with immediate execution and confirmation of their securities and trade with minimal surcharges and commissions. The company successfully launched MidasTrade GDAN in South Korea and the U.S. in April 2002.

Certain statements contained herein are "forward-looking" statements (as such term is defined in the Private Securities Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements.

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