News Releases

New York, NY and Kansas City, Mo (July 25, 2007) – Barclays Capital, the investment banking division of Barclays Bank PLC, and BATS Trading Inc. announced today the addition of BATS ECN as a routing destination for BARX Equities Trading.

“The addition of BATS ECN to BARX demonstrates Barclays Capital’s commitment to its equities trading operation,” said Jim Turkenkopf, Director and Head of US Equity Execution at Barclays Capital. “We are pleased to work with BATS to provide additional liquidity and transparency to our clients.”

BARX Equities Trading provides direct access to global equities markets, specializing in fast and cost-efficient execution, with order-routing designed to capture the best available market price.   The partnership with BATS provides Barclays Capital’s clients with a dependable and high-speed market center connection.

BATS averaged volume of more than 330 million shares a day in June and recently recorded record volume of 431 million shares in a single day.

“We are excited that Barclays Capital has connected to BATS and look forward to earning order flow from BARX,” said BATS Chief Executive Joe Ratterman. “Becoming a new order destination on the BARX network provides yet another way for customers to reach the BATS market.”

About Barclays Capital

Barclays Capital is the investment banking division of Barclays Bank PLC which has an AA long-term credit rating and a balance sheet of over US$1.9 trillion (£996 billion*). With a distinctive business model, Barclays Capital provides large corporate, government and institutional clients with solutions to their financing and risk management needs.  Barclays Capital has offices in 26 countries, employs over 13,200 people and has the global reach and distribution power to meet the needs of issuers and investors worldwide.

For further information about Barclays Capital, please visit our website www.barclayscapital.com.

*US$ figure was derived using the US$/£ exchange rate at 31.12.06 of US$1.96/£1

About BARX

BARX is Barclays Capital's award-winning multi-asset class ecommerce offering.  BARX provides electronic execution and other pre-trade and post-trade services across fixed income, foreign exchange, futures, commodities, equities, money markets and structured products. For more information about BARX and Barclays Capital, visit www.barx.com.  BARX: The Trader’s Best Friend.

About BATS Trading

BATS Trading, based in Kansas City, Mo., with additional offices in New York, was launched in January 2006 and operates one of the fastest-growing, top-tier equity markets in the United States. The BATS platform is developed by a core team of market and technology professionals, catering to the needs of the broker-dealer community. Included in the BATS customer base are more than 200 broker-dealers and a broad-based ownership group of Citi, Credit Suisse, GETCO, Lehman Brothers, Morgan Stanley, Lime Brokerage, Merrill Lynch and Wedbush. BATS recently recorded record trading volume of 431 million shares in a single day. BATS … Making Markets Better.

For further information, please contact:

Kristin Friel
Barclays Capital Communications
212 412 7521
or Kristin.friel@barcap.com

Randy Williams
BATS Trading
816-285-9922
or rwilliams@batstrading.com