CHICAGO, June 6 /PRNewswire/ -- Global investment banking giant Credit Suisse and Townsend Analytics (http://www.taltrade.com/) have agreed to supply Credit Suisse's clients with access to the investment bank's Advanced Execution Services (AES) suite of algorithmic trading products and their CrossFinder dark liquidity pool through Townsend Analytics' flagship Execution Management System (EMS), RealTick(R).

This agreement enhances Townsend Analytics' longstanding relationship with Credit Suisse. Townsend Analytics is a leading provider of multi-broker, multi-asset, multi-currency and multi-route electronic trading solutions for the global capital markets. The alliance enables Credit Suisse's clients to directly route U.S. and European equity orders to AES using RealTick (http://www.realtick.com/), where they can employ a specialized suite of algorithmic trading strategies developed by Credit Suisse's team of quantitative analysts and traders.

Already renowned worldwide for its algorithmic trading offerings, Credit Suisse will be expanding the total number of equity algorithmic trading strategies available through RealTick in the second quarter of 2007. The agreement also allows Credit Suisse to quickly develop customized algorithms in the future as the need arises.

Through RealTick, clients can also access Credit Suisse's internal crossing network, or "dark pool," that anonymously matches buy and sell orders. As one of the world's largest internal crossing engines, CrossFinder offers clients immense liquidity, anonymity, and the ability to execute large blocks of stock with less impact than would be likely in the public markets.

"RealTick allows our clients to quickly access both traditional electronic networks as well as CrossFinder, all simultaneously from a single platform," said Guy Cirillo, AES Global Channel Sales Manager at Credit Suisse. "In addition, with Credit Suisse's proprietary algorithms built into the interface, we are giving our clients a true single-source solution for all their electronic equity trading needs in the major global markets," he added.

"We are excited to be adding Credit Suisse to our global multi-broker network and enabling clients to achieve best execution through RealTick," comments Thomas Kim, Managing Director, Global Head of Trading Services for Townsend Analytics. "And with the direct connection to Credit Suisse's large CrossFinder pool, Townsend continues its quest to offer access to all major global liquidity sources with complete anonymity," Kim adds.

About RealTick

RealTick, created by Townsend Analytics, is the electronic trading industry's premier multi-asset, multi-broker, and multi-route direct-access trading platform. RealTick delivers real-time market data, news and analytics; sophisticated trading tools; unrivaled access to brokers, exchanges and ECNs; and risk management tools to institutions, broker-dealers and individual investors. RealTick's advanced technical design is supported by state-of-the-art data centers and a redundant network for market data and orders. For more information, visit http://www.realtick.com/.

*RealTick is a registered trademark of Townsend Analytics, Ltd. About Townsend Analytics

Townsend Analytics has been changing the way the world trades since 1985. The Chicago-based company created many technology innovations that are now considered standards in the financial services industry. These include the first real-time financial software under Microsoft Windows(R); the first product to provide real-time streaming data over the Internet; the first integrated solution for NASDAQ trading rooms; and the first Windows-based direct-access trading solution. Townsend Analytics also developed Archipelago and the Archipelago Exchange, the nation's first all-electronic, fully open exchange. The firm has engineered direct-access solutions for money managers, asset managers, hedge funds and mutual funds worldwide. The firm's four main lines of business include Trading Services, Content Services, Exchange Services, and Risk Management Services. Townsend Analytics, Ltd. is a wholly owned, independently-operated subsidiary of Lehman Brothers . For more information, visit http://www.taltrade.com/.

About Advanced Execution Services(R) (AES)

Advanced Execution Services(R) is Credit Suisse's award-winning suite of algorithmic trading strategies, tools, and analytics for global equity trading. AES helps more than a thousand institutions and hedge funds reduce market impact, improve performance versus benchmarks, and add consistency to their trading processes. AES created a new category on Wall Street with its successful launch in 2001, and innovation remains its greatest strength. The AES team is dedicated to a philosophy of constant improvement and constant innovation. AES' algorithms are never finished -- the product is always evolving as the marketplace evolves and as our research teams discover more effective trading techniques. Perhaps that's why AES has been recognized over and over as the leader in algorithmic trading.

CONTACT: U.S. media, Anne Aldrich for Townsend Analytics,
+1-312-787-1642, annea1@covad.net; or Todd Swearingen of Townsend Analytics,
+1-312-442-8656, tswearingen@taltrade.com; or Tyrene Frederick, Corporate
Communications of Credit Suisse, +1-212-538-5767, tyrene.frederick@credit-
suisse.com

Web site: http://www.taltrade.com/
http://www.realtick.com/