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NQLX Appoints Pat Read To Vice President, Business Development

Date 15/12/2003

NQLX LLC announced today that it has promoted Patrick Read to Vice President, Business Development. Read has been with NQLX since October 2001.

Read produced and implemented market operations processes and managed market operations teams. Read worked to deliver a functionally rich and robust trading platform, LIFFE CONNECT . directly to NQLX members, helped develop NQLX's market structure and managed membership administration.

Prior to NQLX, Read was Senior Specialist, Electronic Trading with the Chicago Board of Trade. With the CBOT, Read worked extensively with Eurex to ensure a smooth transition for CBOT users to A/C/E. This included exhaustive pre-launch testing on both the exchange and user networks, defining market controls and protocol and generally ensuring a seamless implementation of the A/C/E platform.

Bob Fitzsimmons, NQLX CEO, said, "Knowing the needs of our members and their clients, creating solutions to complex operational issues and understanding the products and market has made Pat a fulcrum of our efforts thus far. We are very pleased Pat has accepted this responsibility and our members and market will directly benefit from his expertise."

NQLX is a fully electronic, federally regulated exchange and a wholly owned company of Euronext.liffe. NQLX lists single stock futures and futures on broad based indices through Euronext.liffe's electronic trading platform, LIFFE CONNECT®, the world's most advanced derivatives trading system. For more information on NQLX visit: www.nqlx.com.

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