BROOKLYN, NY– April 8, 2004 – Track Data Corporation (Nasdaq: TRAC) today

announced that it has received approval from the National Association of Securities Dealers, Inc. ("NASD") to self-clear trades executed on Track ECN. The Company must receive approval from the Depository Trust & Clearing Corporation, expected to take three to six months, before it commences self-clearing operations.

"Track ECN charges 3 mils ($.003) per share and rebates between 2.5 and 2.7 mils ($.0025 - $.0027) per share, which leaves us with a razor-thin profit margin," said Barry Hertz, Track Data Chairman and CEO. "Self-clearing will help us realize as much of that margin as possible."

The Company currently clears its Track ECN business through Penson Financial Services. Penson will continue to clear all retail customer business for Track Data Securities Corp., even after Track ECN begins self-clearing.

Track Data is a New York-based financial services company that provides direct access brokerage, real-time financial market data, news, and research to institutional and individual investors through dedicated telecommunication lines and the Internet.

For professional investors, Track Data Securities offers proTrack, a direct access trading platform with fully integrated market data. proTrack offers unbiased trade routing, allowing clients control over where their orders are sent. proTrack is also available to broker-dealers as an execution platform.

For individual investors, Track Data Securities offers myTrack and TrackTrade, both fully integrated, Internet-based online trading and market data systems. Each platform offers direct access online trading, allowing users the choice of where to route their equity and options orders. myTrack and TrackTrade offer continuous, dynamic streams of live market data powered by application-based software and a constant server connection similar to systems used by professionals.

For all investors, the Company’s NewsWare division offers NewsWatch, a PC-based application that aggregates news from thousands of sources. Featuring real-time full text filtering and complex queries, NewsWatch is a great tool because its real-time alerting functions allow users to choose topics they follow and then see when news hits, rather than requiring repeated query-based functions.

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Rafi Reguer

Vice President, Corporate Communications

Track Data Corporation

718-522-0222

Rafi_Reguer@trackdata.com