Thomson Financial Signs BNY Brokerage

Thomson Financial (www.thomson.com), an operating unit of The Thomson Corporation and provider of information and technology solutions to the worldwide financial community, today announced an agreement with BNY Brokerage Inc., subsidiary of The Bank of New York and member of BNY Securities Group, to integrate its Direct Execution Services (DEx) equity trading platform with Thomson AutEx, the industry's leading online real-time network and database for order routing, indications of interest, advertised trades and allocations.

"DEx's electronic trading capabilities offer complete access to all major liquidity sources and is an ideal complement to the Thomson AutEx network," said Carey S. Pack, president of BNY Brokerage . "DEx also offers clients the flexibility to connect to in-house applications, proprietary analytics and back-office technologies," said Pack.

Powered by the BNY Brokerage SonicSuite of services, DEx will provide Thomson AutEx clients with direct electronic access to all electronic markets and the opportunity to direct order flow straight from their order management system.

"Our goal is to offer best of breed solutions, enabling AutEx clients to make better trading decisions," said Ken Wagner, chief operating officer, Global Transactions Services, Thomson Financial.

The Thomson AutEx network handles nearly one million indications daily, enabling more than 300 global brokers to advertise inventory to more than 500 institutions.