ESP Launches Central Counterparty Clearing(TM) in Asia.

Centralized settlement platform helps buy-side firms manage market fragmentation, now globally

NEW YORK -- Electronic Securities Processing (ESP) LLC, the buy-side solution, providing seamless, global execution, neutral routing and centralized settlement to our clients, announced today

"With the addition of Asian markets to our Central Counterparty Clearing[TM] service and global broker-neutral routing network, ESP offers buy-side firms the maximum back-office benefits and efficiencies in the major global markets," said David Sher, Managing Director and Head of Sales, ESP. "The trend is clear; buy-side firms want to better manage market fragmentation. We believe ESP is the firm of choice."

Central Counterparty Clearing[TM] lets buy-side clients benefit by significantly reducing the number of trade settlements and allocations when executing stocks across multiple brokers, algorithms and execution venues for sourcing liquidity and achieving best execution. The service in Asia is currently supported for trading in Hong Kong, Singapore, Japan and Australia, with additional markets anticipated in the coming months.

Buy-side clients also benefit from a wide choice of industry-leading EMS platforms which can be deployed and linked to the client's respective OMS for optimized trading. ESP provides one point of contact and around-the-clock operational support for trade routing and settlement inquiries for all markets supported.

About ESP

Electronic Securities Processing (ESP) LLC, the buy-side solution, providing seamless, global execution, neutral routing and centralized settlement to mutual funds, life insurance companies, pension funds, asset managers and hedge funds. ESP provides innovative trading lifecycle solutions and delivers rapid, secure and customized direct market access and algorithmic routing capabilities in U.S. and global equities, options, and futures. Member of FINRA and SIPC. For more information, please visit www.fastesp.com.