Markit BOAT 1 st October 2008 1 Post

Markit BOAT 1 st October 2008 1

Post Mi. FID – Key Trends § Increased competition among exchanges - 14 MTFs planned - 5 live: Chi-X, ITG Posit, Liquidnet, NYFIX Euro Millennium, Turquoise § Fragmentation of liquidity - Set to increase with launch of new trading venues § Harmonisation of rules 2

European Equity Volume Market Share Source: Reuters & Markit BOAT 3

Nordic Equity Volume Market Share Source: Reuters & Markit BOAT 4

Markit Company History 5

Markit Value Proposition § § 6 Data Distribution Trade Processing Solutions Valuations

Markit BOAT promoting transparency § Mi. FID-compliant trade reporting platform § Over 60% of the daily European OTC trading volume and 20 -25% of the total volume of European securities traded on- and off-exchange § 100% of Markit BOAT MTF data is published real-time § 70% of Markit BOAT OTC and Dark Pool data is published real-time § Average monthly coverage of over 4, 100 unique stocks 7

Markit addressing industry issues § Working with the industry - FSA Mi. FID Transparency Working Group - Investment Management Association (UK) - Regulators § Markit BOAT Trade Reporting Principles - Standardise trade reporting practices - Data transparency and consistency - Reduce unnecessary deferred trade publication § Consolidation of trade data § Markit BOAT Viewer 8

Markit BOAT Viewer – insert picture of Viewer trade reports screen – see Mark Hunt 9

Markit BOAT Viewer – insert picture of Viewer trade reports screen – see Mark Hunt 10

Markit BOAT Viewer 11

Markit BOAT Viewer 12

Contact us Telephone: Email: Web: 13 +44 (0) 207 260 2424 markitboatsales@markit. com www. markit. com