“The Allegro 8 architecture was a key factor in our selection of Allegro. We required a fully integrated front-to-back office solution that would ensure business efficiency and enable the flow of accurate information across our enterprise.”

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Allegro Announces Enhanced Connectivity to the World’s Most Liquid Commodity Exchanges

Exchange Connect Component Delivers Two-Way Connectivity with 22 Exchanges

DALLAS, Texas, October 7, 2008 – Allegro, a leading provider of energy trading and risk management (“ETRM”) solutions, today announced the latest enhancement to Exchange Connect, part of Allegro 8’s suite of solutions.  Allegro continues to raise the benchmark for ETRM solutions by delivering to customers the capability to view, execute and capture transactions on 22 of the world’s most liquid derivatives exchanges, all from within Allegro.  This capability positions Allegro as a leading ETRM solution with a true trading platform embedded within.  This added functionality is a result of Allegro’s collaboration with Trading Technologies International, Inc.

This latest enhancement of the Exchange Connect component provides two-way exchange connectivity (view and capture, bid and offer) to 22 derivatives exchanges, including NYMEX, CME, EUREX, ICE, and the Dubai Mercantile Exchange (see the exchange list in its entirety below).  Allegro users benefit from an automated business process incorporating direct market interaction with derivatives exchanges into a single platform.  Traders can see real-time market data, submit or cancel market orders, and pull trades - without duplication of effort.

The latest enhancements to the Exchange Connect component will allow even greater efficiency within Allegro’s Interactive Trading Environment (“ITE”).  Allegro’s ITE enables traders and marketers to perform instant “what-if” analysis to live markets, optimize existing positions, develop strategies, and execute those strategies in live markets.  With access to the world’s most liquid derivatives exchanges, Allegro’s ITE empowers traders and risk managers to leverage their intuition.   Users can simply and quickly identify the most profitable scenario, and execute a trade strategy with one click.

“Coupled with Allegro’s ITE, this enhanced connectivity will benefit front, middle, and back offices with increased commercial awareness, more efficient execution, automated deal capture, and real-time prices,” states Allegro CEO, Eldon Klaassen.  “We are pleased that through this integration with Trading Technologies’ market-leading trading gateways, we continue to deliver the most liquid exchange connectivity to our customers.”

The broadening of Exchange Connect’s capabilities highlights Allegro’s commitment to providing current and future customers with the most comprehensive solutions available to meet their ETRM needs.  Allegro users experience more efficient participation in the market and an improved ability to navigate daily decision-making with rapid, real-time trade execution and unparalleled access to 22 derivatives exchanges.

Allegro will provide direct access to the following exchanges via Trading Technologies’ high-performance exchange gateways: BrokerTec, CBOE Futures Exchange, CCX Chicago Climate Futures Exchange, CME Group, Dubai Mercantile Exchange, Eurex, European Climate Exchange, Frankfurt Stock Exchange (Xetra), FXMarketSpace, ICE Futures, IntercontinentalExchange, Kansas City Board of Trade, Liffe, MEFF, (Spanish Futures & Options Exchange) Minneapolis Grain Exchange, Montreal Climate Exchange, Montreal Exchange, New York Commodities Exchange, New York Mercantile Exchange, Singapore Exchange, Sydney Futures Exchange, US Futures Exchange.

About Trading Technologies

Trading Technologies (www.tradingtechnologies.com) develops high-performance trading software for derivatives professionals, including the world's premier investment banks, proprietary traders, brokers, Futures Commission Merchants (FCMs), hedge funds and other trading institutions. The company's X_TRADER® software and related services provide direct access to the major international derivatives exchanges. X_TRADER 7.4 was named "Innovation of the Year" by FOW magazine and “Best Buy-Side Commodities Trading Platform” by Buy-Side Technology magazine in 2007. TTNET™, TT's fully managed hosting solution, delivers maximum system stability and fast trade execution via hubs located close to the major exchanges in Chicago, New Jersey, London, Frankfurt, Singapore and Tokyo. Headquartered in Chicago, Trading Technologies maintains a global presence with offices in New York, Stamford, Houston, London, Geneva, Frankfurt, Singapore, Hong Kong, Tokyo and Sydney. Chicago magazine named TT the best technology company to work for and ranked TT third among all Chicago area employers. TT also received the prestigious Lighthouse Award from the Illinois Information Technology Association (ITA) in 2006 as the leading technology company in Illinois and was named Technology Company of the Year by FOW magazine in 2008.

About Allegro Development

Allegro is a global leader in energy trading & risk management solutions for power and gas utilities, refiners, producers, traders, and commodity consumers. With more than 27 years of deep industry expertise, Allegro’s enterprise platform drives profitability and efficiency across front, middle, and back offices, while managing the complex logistics associated with physical commodities.  Allegro provides customers with agile solutions to manage risk across natural gas, power, coal, crude oil, petroleum products, emissions, and other commodity markets, allowing decision makers to hedge and execute with confidence. Headquartered in Dallas, Texas, Allegro has offices in Calgary, Houston, London, Singapore, Sydney, and Zurich, along with a global network of partners.

For further information please contact Christie Lindstrom at media@allegrodev.com or +1.214.237.8117.

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