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Sterling Financial Systems, Inc. - Home
Sterling Financial Systems, Inc. - Home
Sterling Financial Systems, Inc. - Home
Sterling Financial Systems, Inc. - Home
Sterling Financial Systems, Inc. - Home
Sterling Financial Systems, Inc. - Home
Sterling Financial Systems, Inc. - Home
Sterling Financial Systems, Inc. - Home

Sterling Financial Systems Inc.
225 West Washington Street, Suite 1014
Chicago, Illinois 60606
(312) 346-9600

BRUT Book Display Discontinued in Sterling System

July 25, 2005

For Immediate Distribution - To All Sterling Clients:

Please be advised that the BRUT Book Feed display will no longer be available to Sterling Service Bureau Subscribers effective Monday, August 1, 2005. The book quote display marked in the Sterling system with the “BRB” indicator will not be available for viewing.

This system change is a direct result of the consolidation between the NASDAQ and BRUT operations after the merger of the two entities. The BRUT Book display will only be available for subscribers of the Total View service of the NASDAQ data feed, subject to applicable display fees. The Total View service is presently not offered to Sterling Service Bureau subscribers.

Note that the BRUT ECN order execution destination and BRUT Level II quote window will not be affected by this change. The top-of-the-book quote display will continue to be viewable in Level II display under the MPID = BRUT.

Sterling Financial Systems, Inc.
225 W Washington St., Ste. 1014
Chicago, IL 60606
(312) 346-9600
info@sterlingfinancialsystems.com

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