The ZATS Trading Platform
ZATS Trading Platform Internet-based electronic trading platform provides trade execution and is by far the most efficient and cost effective method of transacting in the restricted and illiquid securities markets today. ZATS Trading Platform is an open marketplace, where each participant has equal access to price quotes and trading functionality.
ZATS Trading Platform is built on proven, scalable technology and intuitive user functionality to provide the best trading experience. ZATS Trading Platform is dedicated to evolving the marketplace by increasing accessibility, maximizing transparency and liquidity and optimizing our participants' trading strategies.
We have designed our platform to be highly scalable, with the capacity to add new products and functionality efficiently and globally at relatively low cost. We believe that our commitment to investing in technology to enhance our platform will continue to contribute to the growth and development of our markets.
ZATS Trading Platform offers market participants price transparency, with a complete view of the depth and liquidity of our markets. This is in contrast to the current lack of transparency, paper intensive, and slow moving OTC traded illiquid and restricted securities markets.
We believe that ZATS Trading Platform provides greater flexibility to launch new products and services, and to evaluate and pursue growth opportunities while ensuring impartial treatment for our members.
ZATS Platform Diagram:

About Global AXess
The growth of the Rule 144a private placement market for equities has been dramatic over the past 5 years due to many companies reluctance to list publicly on U.S. exchanges because of costly Sarbanes Oxley compliance issues. Rule 144a issuance has grown from $70 billion in 2002 to over $221 billion in 2006.
To address the demand of these participants ZATS Trading Platform has created Global AXess a portal for rule 144a securities for issuers, underwriters and QIB’s. Global AXess will work as a neutral marketplace for participants who want to issue and resell these securities in the secondary market and access a diverse group of ZATS Trading Platform QIB members. Having access to a more centralized marketplace offers rule 144a investors improved liquidity, transparency and price discovery as many of the current platforms are either closed or limited access systems.
Global AXess will allow newly formed rule 144a trading platforms such as GS TRuE, FBR PLUS, Bear BEST Markets, JPM Rule 144a PLUS, and OPUS-5 to route orders through our system providing them the ability to list secondary offerings anonymously as an alternative source of liquidity and accessing ZATS Trading Platform QIB members. ZATS Trading Platform welcomes foreign issuers looking to raise capital using rule 144a to list their transaction on our electronic marketplace.

