Milestones

• February 2013 – BCH completes initial prototype of algo management and time-interval trade analytics product
• September 2011 – State Street Corp announces purchase of Pulse Trading, BCH’s BlockCross® partner for US equities
• March 2011 – ICAP/BlockCross® average execution tops 500,000 GBP
• October 2009 – ICAP/BlockCross ® begins trading
• January 2009 – Pulse/BlockCross® average execution tops 30,000 shares
• August 2008 – BCH partners with ICAP to bring BlockCross® to traders of European equities
• April 2007 – Pulse/BlockCross® begins trading
• November 2006 – BCH partners with Pulse Trading to bring the BlockCross® system to traders of US equities
• July 2005 – BCH begins market research and development on BlockCross®, a block-sized dark-pool