Midastrade.com Inc.

Midastrade.com Inc.

October 23, 2006 09:00 ET

MidasTrade Shareholder Update and Conference Call

BUENA PARK, CALIFORNIA--(CCNMatthews - Oct. 23, 2006) - MidasTrade.com Inc. (PINK SHEETS:MIDS) announces its conference call and update for shareholders and members of the financial community will take place on Monday, October 23, 2006 at 4:00 PM EST / 1:00 PM PST.

The company wishes to advise that it is publishing new call in numbers for listeners. To listen to the call, simply call toll free 877-660-6853 or international dial in call (201)612-7415; account number 286 and conference ID: 217666. Listeners will be prompted to enter this information to access the call. A replay will be available to listeners for a limited time following the call.

The update will be hosted by MidasTrade.com President, Jay Lee and will provide a corporate update on the company's activities. The company welcomes follow-up questions after the call and requests they are sent via email to info@midastrade.com.

About MidasTrade.com Inc.

MidasTrade is a U.S. based company that allows international investors to trade U.S. securities, options and futures in real time through the Midas Global Direct Access Network (GDAN). Midas GDAN provides investors with immediate execution and confirmation of their trades with minimal surcharges and commissions. The company successfully launched Midas GDAN in South Korea and the U.S. in March 2002 for additional information is available at www.midastrade.com.

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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