NEWS RELEASE

 

BROOKLYN, New York – June 21, 2006 – Track Data Corporation (Nasdaq: TRAC) today announced that it has purchased a 15% interest in SFB Market Systems Inc., a New Jersey-based financial software solutions company specializing in options market data.

 

SFB’s best known service is SymbolMaster, an online securities symbol management system that serves the financial industry from a single centralized data repository server.  SymbolMaster provides its customers with validated, intra-day, next day and historical equity- and options-related information used for the updating and loading of security master files throughout the financial industry.

 

“Track Data knows the market data world, especially when it comes to options.  We were impressed with SFB because it is a unique company—its software solution generates and maintains all option strike symbols, prices, and codes for all of the U.S. options exchanges and has been doing so since 1994. SFB works with all the exchanges and has just signed new five-year agreements with BOX, CBOE, ISE and NYSE Group.  With the current explosion in options data and the continuing changes in the options world, we think SFB is well positioned to continue growing,” said Marty Kaye, COO of Track Data.

 

“SFB and Track Data are a natural fit,” said Arnold Staloff, Chairman of SFB Market Systems.  “Track Data has been around for 25 years and has a stellar reputation in the options world.  SFB is a newer player with a great niche.  We feel that we can leverage the relationship with Track to reach more institutions, more quickly than we could before.”

 

ABOUT THE COMPANIES

Track Data

Track Data Corporation 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 under a service bureau arrangement as an execution platform.