New Best Execution Tool on MT

Knowledge Technology Solutions PLC 19 July 2007 RNS Release 19 July 2007 KTS launches Best Execution Verification tool for MiFID compliance Knowledge Technology Solutions PLC (AIM: KTS), provider of professional market information services in the finance sector, has launched a new MIFID compliance tool on MarketTerminal, its real-time market data display product. The Markets in Financial Instruments Directive (MiFID) is an EU directive aimed at creating transparency throughout the European Union for market participants dealing in securities. One of the requirements of MiFID is that of Best Execution being offered by brokers to retail customers. Aimed at compliance officers at stock brokers, KTS's simple-to-use Best Execution Verification Tool automatically analyses many thousands of client trades in specified equities, flagging any sales or purchases that fall outside of normal price parameters. i.e. trades significantly above the market's volume weighted average price (VWAP). The Best Execution Verification Tool is provided as an optional upgrade on a standard MarketTerminal subscription. It is both simple to configure and operate, and can analyse more than 10,000 trades at a time. The tool is among a number of new solutions that are being added to MarketTerminal to assist financial firms address MiFID which comes into effect on 1 November 2007. Dr Marc Pinter-Krainer, Chief Executive of KTS PLC, said: 'Stock brokers have an increasing requirement to monitor their trading performance internally, particularly with the best execution compliance aspect of MiFID fast approaching. Our new best execution verification tool has been created to take the headache out of best execution compliance monitoring.' Contacts: Dr Marc Pinter-Krainer Neil Boom Knowledge Technology Solutions PLC Gresham PR Ltd. 020 7256 2300 020 7404 9000 Mike Coe Blue Oar PLC 0117 933 0020 Notes to Editors About Knowledge Technology Solutions PLC Knowledge Technology Solutions PLC is an innovative provider of financial market data application services and the company is listed on the Alternative Investment Market of the London Stock Exchange (ticker symbol: KTS). Utilising its proprietary advanced technologies, KTS focuses on developing and providing real-time market data services to the financial marketplace by delivering essential market data and news via more cost-effective communications channels. KTS differentiates itself from other leading information providers as its services are technology driven. They are designed to run on standard PCs and laptops without the need for any installation of dedicated hardware, software or infrastructure, as the application runs on the server side on powerful clusters of highly resilient and secure servers. Financial professionals can log on to KTS's services by using a standard Internet connection from any geographical location across fixed and wireless networks. KTS's 'zero-client' application service requires no client-side components and upgrades are automatic. Other benefits include flexibility and cost savings in support and maintenance using any market data infrastructure. More than 130 client organisations currently subscribe to KTS's financial information service KTS MarketTerminal. This information is provided by RNS The company news service from the London Stock Exchange
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