S&P says the BOC is trying to ease tight credit conditions
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30yr Up 4-10 at 126-15
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S&P Down 3.8% to 776, Lowest Level Since Apr-97
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S&P Cuts GMAC Counterparty Risk Rating from CCC to CC
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Puts outpacing calls by about 684k on CBOE
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Troubled Assets Accounted for 2.4% of Total Assets in US Thrifts in Q3 (2.27% Prior) --OTS
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Pulte Homes (PHM) trade 15k $7.50 puts on CBOE thus far
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S&P Cuts Conoco from $90 to $68
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GM DEC. $3 puts trade 24k
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Problem Thrifts Increased to 23 in Q3 from 17 in Q2 --OTS
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C $5.00 puts for Nov & Dec trade 36k combined
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US Thrifts Had $7.9bln in Loss Provisions from $14bln in Q2 --OTS
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GM $3 and $4 Nov0 Call Strikes trade 21k, $3.00 Nov puts 24k
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US Thrifts Lost $4bln in Q3 After Losing $5.4bln in Q2 --OTS
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C 7.50 and $5.00 Call strikes trade combined 35k calls
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Treasury Does Not Anticipate Needing to Bailout More Money Market Funds
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$5.6bln to Come from Exchange Stabilization Fund
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Treasury To Allocate Up to $5.6bln to Facilitate Liquidation of Reserve US Government Fund
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Treasury to Backstop Securities in Reserve Fund's US Govt Fund
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S&P/TSX Tumbles Below 8k Mark, Down 559 points
::

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August 4th, 2008: NYFIX, Inc. (Nasdaq: NYFX), and MetaBit, a Tokyo based FIX connectivity provider, has announced their new partnership agreement. NYFIX has added MetaBits MLH" (Market Liquidity Hub) to the NYFIX Marketplace, giving Marketplace members efficient access to an increased number of Japanese brokers and regional exchanges. MetaBits MLH clients will benefit from membership with the NYFIX Marketplace, one of the leading fully-managed, FIX-based trading communities in the world, gaining the ability to efficiently trade with more than 400 buy-side and 475 sell-side firms who are currently members.

NYFIX Marketplace Provides Members with Greater Access to Japanese Liquidity via Metabit Partnership

Bob Moitoso, Global Head of the FIX Division at NYFIX comments: We are on a mission to provide members of the NYFIX Marketplace with the broadest range of electronic trading services and global liquidity sources possible. By partnering with MetaBit weve been able to accelerate our reach into the Japanese markets and satisfy our members request for access to brokers and exchanges in the region. We look forward to working with MetaBit to continually provide our buy-side and sell-side members with enhanced solutions and opportunities for more efficient electronic trading.

Daniel Burgin, CEO, MetaBit: Todays firms need extended connectivity to gain traction in global markets. The NYFIX Marketplace offers MetaBits clients a great platform to international markets"

Daniel Burgin, CEO, MetaBit adds: Todays firms need extended connectivity to gain traction in global markets. The NYFIX Marketplace offers MetaBits clients a great platform to international markets. This partnership supports a natural progression for our FIX network and allows our clients to gain seamless access to one of the worlds largest FIX enabled trading communities.

Claus Kwon, Business Development Director for NYFIX Japan, comments: NYFIX is committed to expanding its Japanese client base and supporting the unique requirements of our local clients. Not only does this partnership provide global reach and seamless access to a variety of trading tools and services, via the NYFIX Marketplace, it also creates a powerful local community for our clients in Japan, enabling more sophisticated trading.

The NYFIX Marketplace is a neutral, flexible, and fully managed electronic trading solution that is supported by the industrys most experienced FIX specialists. Solution components include FIX order routing, IOIs, certification, version translation, and extensive training and educational programs. Members of the NYFIX Marketplace benefit from access to a wide range of liquidity sources, lower trading costs, and speed-to-market with new trading counterparties and services.

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NYFIX Marketplace Provides Members with Greater Access to Japanese Liquidity via Metabit Partnership

Daniel Burgin, CEO, MetaBit: Todays firms need extended connectivity to gain traction in global markets. The NYFIX Marketplace offers MetaBits clients a great platform to international markets"

Daniel Burgin, CEO, MetaBit: Todays firms need extended connectivity to gain traction in global markets. The NYFIX Marketplace offers MetaBits clients a great platform to international markets"