Perimeter Financial Corp.

Perimeter Financial Corp.

April 22, 2008 08:09 ET

Perimeter BlockBook™ Announces Connectivity to Bloomberg

TORONTO, ONTARIO--(Marketwire - April 22, 2008) - Perimeter Financial Corp. is pleased to announce that its BlockBook™ marketplace is now accessible through Bloomberg's Execution Management System (EMS), Bloomberg's Order Management System (OMS) and all order management systems that use Bloomberg EMS to route orders.

"We are extremely pleased to be able to add Bloomberg to our growing list of connectivity options for BlockBook™ clients." said Chris Jackson, Executive Vice President of Perimeter Financial and Managing Director of Perimeter Markets Inc. "We have made a significant commitment to increasing the options for access to BlockBook™ and furthering the ability to integrate BlockBook™ into our customers' trading workflow. With the tremendous penetration of the Bloomberg suite of applications in the buy- and sell-side community they were a natural addition to our list of partners."

The Bloomberg integration also includes the ability to use BlockBook™'s new Melting Order functionality. The Melting Order allows BlockBook™ Canadian buy-side clients to take advantage of block liquidity in BlockBook™ and absorb liquidity from visible marketplaces including TSX, Pure and Omega ATS.

The initial rollout of the Bloomberg integration will be limited to Canadian BlockBook™ clients. A U.S. client integration plan is currently in process.

About Perimeter BlockBook™

BlockBook provides access for buy- and sell-side participants to a consolidated pool of Canadian, TSX-listed, block liquidity (minimum order size of 10,000 shares). Trading is done anonymously and without revealing side, size, or price in order to minimize the market impact of any trade and inhibit fishing and gaming. BlockBook has proven itself to be a valuable source of block liquidity with superior transaction cost performance.

About Perimeter Financial Corp.

Perimeter Financial Corp. develops technology solutions for the financial services industry, including institutional investors and investment dealers. Through its wholly-owned subsidiary - Perimeter Markets Inc. - the firm operates three electronic marketplaces - BlockBook™ for the Canadian equity block market, OMEGA ATS for the Canadian equity market and CBID™ for the Canadian fixed income and futures markets. Perimeter Markets Inc.- Member CIPF & IDA.

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