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Knight Link Now Available on SunGards Brass

SunGard (http://www.sungard.com) today announced that it will provide customers of its Brass U.S. equities trading platform (http://www.sungard.com/brass) with a new option - Knight Link - for seeking off-exchange liquidity. Knight Link is a new way to access Knight's pool of liquidity, providing rapid order execution in more than 6,000 securities.

Recent market structure changes within the U.S. equities markets have created a breeding ground for alternative trading venues and a fragmented marketplace. According to a March 2008 report released by the Tabb Group, percent of volumes traded on public exchanges are declining. With volumes climbing off-exchange, it is important for firms to have access to as many sources of liquidity as possible. This helps to ensure that firms are able to receive the best price and fulfill best execution requirements.

Knight Link will provide users of the Brass platform, which includes an order management system and direct market access capability, with the option to interact with Knight's deep pool of off-exchange liquidity by sending Immediate or Cancel (IOC) orders before turning to the displayed markets. As a result, customers can leverage Knight's liquidity for order executions in more than 6,000 securities, often in small-caps and hard-to-trade names. Knight Link will also help Brass customers reduce market impact and lower execution costs.

"We are very pleased to be working with SunGard and look forward to providing its customers with access to a new source of deep liquidity," said James P. Smyth, executive vice president, Knight Capital Group. "Knight Link will help Brass customers gain access to higher fulfillment rates, rapid response times and quality trade executions."

"Rapid access to liquidity will continue to be one of the defining characteristics of the leading broker dealers throughout 2008," said Satish Mujumdar, chief operating officer of SunGard's Brass business unit. "By working with Knight we can offer our customers additional tools to help them reduce operating expenses through a reduction in exchange fees, to access deeper liquidity and to grow their business."

About Knight

Knight Capital Group, Inc. is a leading financial services firm that provides electronic and voice access to the capital markets across multiple asset classes for buy-side, sell-side and corporate clients, and asset management for institutions and private clients. Our Global Markets business provides market access and trade execution services in nearly every U.S. equity security and a large number of international securities, futures, options, foreign exchange and fixed income. We offer high-quality trade executions through natural liquidity, capital facilitation and trading technology, with comprehensive products and services that support alpha creation and capital formation. Our Asset Management business, Deephaven Capital Management, is a global multi-strategy alternative investment manager focused on delivering attractive risk-adjusted returns with low correlation to the broader markets. More information about Knight can be found at www.knight.com.

About SunGard's Brass

An integrated trade and order management solution suite supporting Nasdaq, listed, listed market making and sales trading, Brass serves market makers, institutional brokers and traders working in a variety of roles. The suite includes a trade order management system; a set of direct market access tools as well as solutions for automated indications of interest and advertised trades; trade matching; and compliance analysis and reporting. Brass facilitates trade execution through connectivity with the buy-side community via SunGard Transaction Network, through links with major back-office clearing firms, and through direct access to all major domestic exchanges and trading destinations.

http://www.sungard.com/brass

About SunGard

With annual revenue of $5 billion, SunGard is a global leader in software and processing solutions for financial services, higher education and the public sector. SunGard also helps information-dependent enterprises of all types to ensure the continuity of their business. SunGard serves more than 25,000 customers in more than 50 countries, including the world's 50 largest financial services companies. Visit SunGard at www.sungard.com.

Trademark Information: SunGard, the SunGard logo and Brass are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders.

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