NQLX Announces First Group of Clearing Members

Nasdaq Liffe Markets (NQLX) has announced the first group of firms to be admitted as NQLX clearing members once trading begins. These firms officially become clearing members on the first day of trading for NQLX single stock futures, currently scheduled for the second quarter of this year. The following is the list of those firms, as of March 11, 2002:

ABN AMRO, Inc.
ABN AMRO Sage Corp.
Bear, Stearns Securities Corp.
Cargill Investor Services, Inc.
Carr Futures, Inc.
Credit Suisse First Boston Corp.
Deutsche Banc Alex. Brown Inc.
GNI, Inc.
Man Financial, Inc.
Merrill, Lynch, Pierce, Fenner & Smith, Inc.
Morgan Stanley & Co., Inc.
Nomura Securities International, Inc.
Penson Financial Services, Inc.
Prudential Securities Inc.
Refco, LLC Spear, Leeds & Kellogg L.P. (wholly owned subsidiary of Goldman Sachs)
Tradelink LLC

NQLX will have two types of member firms: clearing and non-clearing. Approximately 40 other firms have applied for either clearing or non-clearing status. These applications are being reviewed and processed. NQLX will announce the firms admitted to membership before trading begins.

Nasdaq Liffe Markets is a fully electronic, federally regulated exchange formed as a joint venture between The Nasdaq Stock Market Inc.® and LIFFE (London International Financial Futures and Options Exchange). It initially will list single stock futures on the largest U.S. companies through LIFFE's electronic trading platform, LIFFE CONNECT™. For more information on NQLX, visit www.nqlx.com.