| Hi, 
 My name is Carole Olkowski and I work for NAQ, Inc.  I know some of you use Canada Stockwatch for Canadian Market-by-Price and L2 order book data.
 
 I would like to invite you to take a look at RT Trader Professional for your CDN/Nasdaq L2 needs during our Betatesting period.
 
 TSX Order Book features:
 
 *Full listing of all orders, including Order ID, MMID, Price, Size, Time, Date of orders, sorted by Time Priority
 *Histogram summary of liquidity at each price level
 *Market By Price with all price levels represented
 *Liquidity Slider bar for top ten price levels
 *Separate books for Boardlot, Special Terms, & Oddlot orders
 
 Nasdaq L2 features:
 
 *MMID, Price, Size, Time, Date, @top order count, Total Order count
 *Histogram summary of liquidity at each price level
 *Market By Price with all price levels represented
 *Liquidity Slider bar for top ten price levels
 
 Both books feature:
 Full color coding for 4-10 price levels, customizable color & Font, columns, areas, L1 quote, Follow/Hide MMID's feature, sort by any column.
 
 In addition to the CDN L2 data, we have also created a CDN Net House Summary Window with the following Columns:
 Broker Name/Net Shares/Weighted Avg Price/Broker Volume/Net $Value/Total $ Value/%total shares/%total value/Time of last trade.  Historical Data coming soon.
 
 We are moving forward quickly to make RT Trader Professional the choice of Canadian Traders.  The current cost is $99/mo cdn$ + Exchange Fees.  This includes 300 symbols.  I think you will find this significantly cheaper than our competition, for a quality Application based Trading system with Direct Exchange feeds for all North American Equity, futures, options exchanges.
 
 Full product details are available here:
 
 naq.com
 
 I would be happy to discuss this with anyone who is interested.  To register for the beta test, please sign up here first:
 
 naq.com
 
 Then email colkowski@fricorporation.com  for instructions on how to download the beta version.
 
 Best Regards,
 
 Carole Olkowski, CGA
 VP, Product Strategy
 NAQ, Inc.
 800-465-4300 x223
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