FOR IMMEDIATE RELEASE: CONTACT: CHRISTI HARLAN
Wednesday, March 15, 2000 202-224-0894

TRADING PLACES: MARKETS FOR INVESTORS

SECURITIES SUBCOMMITTEE SETS HEARING WITH ECNs, BROKERS

Sen. Rod Grams, R-Minn., chairman of the Subcommittee on Securities, has announced a hearing at which representatives of electronic communications networks (ECNs) and brokerage firms will discuss efforts to meet investors' needs in the financial marketplace of the future. The hearing continues the exploration of issues discussed at a full committee hearing Feb. 29 in New York City. Witnesses will discuss competition and the role of regulation in securities markets.

WHEN:

10:00 a.m., Wednesday, March 22

WHERE:

Room 628 Dirksen Senate Building

WHO:

J. Joe Ricketts
Chairman
Ameritrade Holding Corporation
Omaha, Nebraska

Matthew Andresen
President
Island ECN
New York City, New York

David G. Downey
Executive Vice President
Interactive Brokers LLC
Chicago, Illinois

Gerald Putnam
CEO
Archipelago LLC
Chicago, Illinois

John W. Bachmann
Managing Director
Edward Jones Investments
St Louis, Missouri

John M. Schaible
President
NexTrade
Clearwater, Florida

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