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`Harris Brumfield (TT)
`
`From: Durkin, Daniel (GED) [dan_dur~in@ml.com]
`Sent:
`Friday, May 28,2004 3:57PM
`Harris Brumfield (TT)
`To:
`Subject: RE: Memory Recall!
`
`Harris,
`I do remember, I think it was the spring of 2000, late March or early April. I stopped by your office on Clark
`Street with Michael Bums to check out your setup. You had a couple of big screens TV's set up as your trading
`screens. You showed us your custom trading screen and I was immediately struck by the novel way the market
`prices were displayed and how easy it was to enter orders. At first I couldn't even understand what I was looking
`at but you did a few 251ot e-mini trades as we were standing there and I figured out the layout and the "half a
`click" order entry. I remember thinking that half a click is as fast as you can trade. I decided right then and there
`that I wanted what we were looking at on my desktop ASAP! You told us that you had created the customized
`trading interface working with TT and you had been so happy with the results that you were steadily increasing
`your investment in the companym, (TT).
`Since that time there have been many imitations presented to me as "just as good as TT'', (I think
`YESTRADER was the first one to show me a knock-off MD-Trader). GL, Pats, Easy Screen and Cantor all
`demonstrated their versions of a "vertical" or 'ladder~~ market display. They all seem to be unable to put all the
`pieces together, probably a result of programmers being told to "copy IT' without understanding the functionality
`that it delivers to the trader. Re-centering is the most obvious example of a feature often omitted from the various
`knock-off attempts. More recently my Bloomberg rep came by to show me their most recent attempt at a futures
`order entry screen. As he was demonstrating it to me he conceded that it was not that good yet, but he assured
`me that Bloomberg had."200 developers working to make a screen just like TI11
`As we have rolled out TT to our clients for direct access trading it seems they have a growing awareness of the
`unique and superior TT trader interface. I am glad I saw your custom screen back in 2000 and I look forward to
`. continued improvements in MD-Trader.
`
`•
`
`Daniel Durkin
`Director
`Merrill Lynch Futures
`312-869-6400
`312-701-1357 fax
`
`The information herein has been obtained from sources which we believe to be reliable, but we do not guarantee its accuracy or completeness.
`The information is for discussion purposes and neither the information nor any opinion expressed constitutes a solicitation by us of the
`purchase or sale of any securities or other financial instruments. The material is intended for the sole use of the person or firm to whom it is
`provided by us.
`
`-----original Message----
`From: Harris Brumfield (TI) [maifto:Harris.Brumfield@tradingtechnologies.com]
`Sent: Thursday, May 27, 2004 5:02PM
`To: Durkin, Daniel (GED)
`Subject: Memory Recall!
`
`Hi Dan,
`I was wondering if you could do me a favor. You were one of the early people outside of TT to see a demo
`of MD Trader. I was wondering if you remember that demo and could recall your initial thoughts re: the
`invention. Also, I was wondering if you recall how the industry reacted to the release of MD Trader and.if
`
`6/2/2004
`
`Highly Confidential
`Attorneys' Eyes Only
`
`TT 020829
`
`TTX00020829
`
`TRADING TECH EXHIBIT 2210
`IBG ET AL. v. TRADING TECH
`CBM2015-00182
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`Message
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`you have witnessed any copying out there.
`
`Any thoughts on theses topics would be helpful.
`
`Thanks, Harris
`
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`6/2/2004
`
`Highly Confidential
`Attorneys' Eyes Only
`
`TT 020830
`
`TTX00020830
`
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