Integration Allows Participants Access to Canadian Block Liquidity

Pivot, Inc., a real-time enterprise collaboration network serving the capital markets, today announced that Perimeter Financial Corp. is integrating the IMTRADER^TM module of Pivot 360 in its BlockBook^TM marketplace to expand global reach. The partnership enables seamless trading capabilities with the Canadian large block liquidity in BlockBook. The integration of IMTRADER and BlockBook extends connectivity and increases the opportunity to provide a competitive advantage for participants.

BlockBook provides access for buy- and sell-side participants to a consolidated dark pool of Canadian, TSX-listed, block liquidity. All trading is done anonymously, without revealing size, side or price, in order to prevent gaming and information leakage. IMTRADER improves workflows by facilitating online collaboration, messaging and automated trade entry within a secure and compliant platform. By leveraging the IMTRADER module of Pivot 360 within BlockBook, Perimeter Financial reinforces its commitment to continually enhance the connectivity and workflow options for its market participants.

“The Pivot network continues to grow steadily within and beyond U.S. borders,” said Francis Corcoran, Executive Vice President, U.S. Operations of Perimeter Financial Corp. “By tapping the network and utilizing IMTRADER, we allow participants to act instantly on information, orders and liquidity across borders. BlockBook and IMTRADER is an ideal combination to quickly and efficiently convert conversations into automated transactions.”

“BlockBook is a proven, valuable source of Canadian block liquidity with superior transaction cost performance,” said Ed McDonnell, managing director of Pivot, Inc. “Perimeter Financial continues to build products and services required for the investment industry to access innovation and maintain competitiveness. Aligning with them is an obvious choice given our ongoing quest for global, best-of-breed partners across the industry.”

About Pivot Pivot, Inc. is an interenterprise network that leverages Wall Street 2.0 communication and collaboration capabilities to create revenue-generation tools for trading-related workflows within the capital markets arena. The Pivot financial network allows buy-side and sell-side market participants to share market, pricing and liquidity information, thereby improving the efficiency, speed and transparency of block and OTC trading. Pivot’s customers share more than one quarter million quotes and quote-related exchanges in the equity, equity options and commodities markets over the Pivot network each day. Based in Jersey City, Pivot is backed by Eze Castle Integration and leading venture capital firms Softbank Capital, Draper Fisher Jurveston Gotham Ventures, Hudson Ventures and EPIC.

About Perimeter Financial Corp. Perimeter Financial Corp., through its wholly-owned subsidiary – Perimeter Markets Inc. – operates three electronic marketplaces – BlockBook^TM for the Canadian equity block market, OMEGA ATS for the Canadian equity market and CBID^TM for the Canadian fixed income and futures markets. Member CIPF & IDA..