Midastrade.com Inc.

Midastrade.com Inc.

October 24, 2006 09:01 ET

MidasTrade Signs Agreement with KEB Futures to Provide U.S. & European Futures Trades for Korean Investors

BUENA PARK, CALIFORNIA--(CCNMatthews - Oct. 24, 2006) - MidasTrade.com Inc. (PINK SHEETS:MIDS) is pleased to announce that the company's wholly owned subsidiary, Midas Securities has entered into an Executing and Service Bureau Correspondent Agreement with the Korea Exchange Bank Futures, a wholly owned subsidiary of Korea Exchange Bank. MidasTrade President, Jay Lee stated, "We are pleased to launch our new expanded services and products in futures and commodities with KEB Futures for Korean investors for U.S. and European futures and commodities markets via MidasTrade GDAN."

About Korean Exchange Bank / KEB Futures

Korea Exchange Bank established in 1967 is one of seven national banks in South Korea with over 300 domestic branches and 28 overseas networks constituting the most extensive global banking network of any Korean bank. KEB Futures is a clearing member of KOFEX and is a subsidiary of Korea Exchange Bank, the official F/X settlement bank for Korean Futures Exchange. For more information about KEB Futures, you may access the KEB Futures website at http://www.kebf.com/english/.

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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