***ADVFN to launch tool providing unparalleled view of US’s largest electronic stock market***

ADVFN (www.advfn.com) announces that it will be working with The NASDAQ Stock Market to promote NASDAQ TotalViewSM to a global audience.

Delivered via ADVFN’s data network platform, TotalView helps investors identify new trading opportunities. The product will give users of Europe’s number one stocks and shares Website a unique view of market participants’ quotes and orders. In most NASDAQ-100 Index® securities, TotalView displays 30% more depth than NASDAQ® Level II a majority of the time.

TotalView provides greater market transparency for private investors, showing the full depth of the NASDAQ market. Traders will be able to see every quote and order; total anonymous interest; total size of all quotes and orders and the best bid and ask price of each NASDAQ market participant. Unlike Level II, which only displays one position per firm, TotalView displays firms quoting at more than one price, multiple times.

TotalView will help traders:

*Better understand how orders are distributed throughout the market
**Identify new trading opportunities
***Follow pockets of liquidity over time
****Pursue unique trading strategies

“NASDAQ is pleased that ADVFN has chosen to make the premier TotalView data available to its customers,” notes Tom Davin, Senior Vice

President of Market Data Distribution. “By doing so, ADVFN will be providing its subscribers with the maximum visibility into the quotes and orders driving trading in the NASDAQ market.”

“ADVFN has been instrumental in introducing Level 2 to the British private investor. We are delighted to be working closely with NASDAQ to bring TotalView to a universal audience,” said Clem Chambers, CEO of ADVFN. “TotalView is another escalation of transparency and offers new trading opportunities and strategies to traders, which is great news for the market as a whole,” he continued.


ADVFN (www.advfn.com) is Europe’s number one stocks and shares Web site. With full real-time coverage of the London Stock Exchange, the euronext-liffe, OFEX, NASDAQ, Amex and NYSE, including FTSE, Dow and S&P indices, ADVFN provides professional quality information to the person on the street.

ADVFN was established in the last quarter of 1999 and floated on AIM in March 2000. It now has over 350,000 registered users who generate in excess of 38 million page impressions a month.

We currently cover the following areas in the UK, France and America:

· Free real-time prices from the London Stock Exchange
· EURONEXT - Paris, Brussels and Amsterdam
· Russian stocks and indices
· Canadian stocks, indices, options and derivatives
· Irish stocks and indices
· Greek stocks and indices
· Level 2 data
· Comprehensive fundamental data
· Streaming stock charts, historic and intraday
· CREST stock loan data
· Portfolios
· RNS and AFX news
· UK's busiest financial bulletin boards
· Historical data downloads
· Stock monitors and filters
· Covered Warrants
· Trading signals
· Investor Relations Web site solutions
· PDA service
· SMS stock quote service
· ADVFN TALK – Inter-casting show

For further press information, please contact: Francesca De Franco on 020 7070 0932 E-mail francescad@advfn.com

Published on: 12:00AM on 25th May 2004