Midastrade.com Inc.
PINK SHEETS : MIDS

Midastrade.com Inc.

April 17, 2007 14:17 ET

MidasTrade Signs Agreement With Pure Reason LLC/ShadowTraders to Provide KOSPI Options and Futures Trading for US Investors

BUENA PARK, CALIFORNIA--(CCNMatthews - April 17, 2007) - MidasTrade.com Inc. (PINK SHEETS:MIDS) is pleased to announce that the company's wholly owned subsidiary, Midas Securities, has entered into an Subscriber Agreement with Pure Reason LLC of Clearwater, Florida. Under the agreement, Midas will provide direct market access (DMA) to the KOSPI options and futures trading via Midas GDAN.

Pure Reason LLC President & CEO, James Horne, stated, "The KOSPI futures & options are some of the most actively traded index contracts in the world. We are very happy to have MidasTrade provide our customers with direct market access to the KOSPI."

President & CEO of Midas Securities, Jay Lee, commented, "We are very happy to have Shadow Trader's clients as our first US client to go live with Midas GDAN for KOSPI trading from the US. This marks the beginning of two way traffic on the Midas GDAN for global trading of US & Korean markets."

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 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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