Marketplay (Singapore) Poses Potential Problem For US Financial Authorities with NY Cash Market "Odds" Website.

Marketplay Pte ltd

PRESS RELEASE
Singapore, April 28th, 2000 -
Marketplay to officially launch first US cash market indices using "Odds," with credit cards.


Marketplay (Singapore) Poses Potential
Problem For US Financial Authorities with
NY Cash Market "Odds" Website.

Marketplay Pte Ltd, a Singapore-headquartered company, has created the worlds first, web-based, online investing, utilizing the internet, 'odds,' and the TV cash market prices against erratic stock market movements of the Nasdaq, Dow Jones Industrial Average (DJIA) and S&P500 Indices.Mr Halley's system has initially targeted the NYSE, through which investors, can speculate and hedge on the daily direction of the following market session via the internet.Advantages of Marketplay include that there are no brokerage houses involved, no call margin risk and no personal guarantees are required.

A S$5.5 million dollar paid up capital company, Marketplay is led by web visionary
Mark Halley, director and creator of Marketplay Pte Ltd.
According to Mr Halley, the service based on the rise and fall of Nasdaq, DJIA
and the S&P500 Indices is just the first to be offered by the company with many other applications and services to be available in the future such as weekly and monthly based odds.We are also testing various trading formats on the American Options market.
Mr Halley said: Marketplay is at this stage specifically designed for smaller market traders who want set prices based on projected technical or fundamental movements."He added: If the investor thinks the Dow will have a steep fall during the following trading session, he can hedge at a quoted ‘Odds price protecting his actual physical stocks".

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• Halley
    
• Director.

#10-01, LIAT TOWERS, 541 ORCHARD ROAD, SINGAPORE 238881
TEL: (65) 8870880 FAX: (65) 8870700
P.O. BOX 0594 ORCHARD SINGAPORE 912320
Web-site: www.marketplay.com.sg ·
E-mail: admin@marketplay.com.sg