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Photo Gallery February 21-22, 2008

Investment Traders Association of Philadelphia

84th Annual Mid-Winter Conference, Philadelphia, Pennsylvania

<p>Tim Padala, Hill Thompson Magid, Jersey City; Mike Kinsella, Susquehanna International Group, Philadelphia.</p> <p>Eric Axelson, Guest; Gordon Farkouh, Nino Nicotra, both Bloomberg Tradebook, New York.</p> <p>Ray Cancio, Peter Pan, Adriana Vazquez, all Delaware Investments, Philadelphia; Dom Mitarotondo, Domestic Securities, Edison.</p> <p>Josh Clifford, Sean Buckley, both NYFIX Millennium, New York; Randy Williams, Jon Schneider, both BATS Trading, Kansas City; Bryan McNamara, McNamara Trading, Philadelphia.</p>
<p>Larry Birch, Bernard L. Madoff Investment Securities, New York; Ashley Cooper McNamara Trading; Jim Nolen, Janney Montgomery Scott; Helen Diehl, McNamara Trading, all Philadelphia.</p> <p>Stan Craig, Vertical Group, New York; Doug Bantum, Wedbush Morgan; Jack Hughes, Liam Timoney, Melissa Donohue, both Boenning & Scattergood; Denise Devlin, Best Vest, all Philadelphia.</p> <p>Ned Vocar, Jefferies & Co; Fran McCartan, Buckingham Research; Thomas Bell, Tradition Asiel, New York; Mike Powell, FTN Midwest; Bob Baitsch, Jefferies & Co., all New York.</p> <p>Michael Anastasi, Knight Capital Group, Jersey City; Karen Colledge, Canaccord Capital, Toronto; Mike Reilly, McNamara Trading, Philadelphia.</p>
<p>Eric Pierce, Val Sanchez, both UBS, New York; Tony Lopez, Pershing, Jersey City.</p> <p>Boots Leahy, Kildare Capital; Bill Morris, Norman Wilde, both Janney Montgomery Scott, Philadelphia.</p> <p>Shari Bento, Pete Keblish, Tara Poskitt, all Janney Montgomery Scott, Philadelphia.</p> <p>Jack Hughes, Janney Montgomery Scott, Debra Shaner, Crowell Weedon; Melissa Moyer, Janney Montgomery Scott, all Philadelphia; John Barone, William Blair, Chicago.</p>
<p>Steve Carolus, E*Trade; Sue Lyall, Citadel, both Chicago.</p> <p>Chris Preston, Nova Capital Markets, Philadelphia; Karen Regan, T. Rowe Price, Baltimore; Robert Baisch, Jefferies, New York. </p> <p>Tom Quinn, Nova Capital, Philadelphia; Connie Kreutzer, Lawbright Financial, Chicago.</p> <p>Ciro Ambrosio, RBC Capital Markets; Chris DeMaso, Fidessa, both New York; Dom Mitarotondo, Domestic Securities, Edison; Dale Favors, RBC Capital Markets, New York.</p>
<p>Steve Silverman, Danielle Teisch, JJ Allingham, all Goldman Sachs, Josh Clifford, NYFIX, all New York.</p> <p>Liam Timoney, Melissa Donohue, both Boenning & Scattergood, Philadelphia.</p> <p>Jack Hughes, Melissa Moyer, Norm Wilde, Shari Bento, Bill Morris all Janney Montgomery Scott, Philadelphia.</p> <p>Jack Hughes, Melissa Moyer, Norm Wilde, Shari Bento, Bill Morris all Janney Montgomery Scott, Philadelphia.</p>
<p>EJ Pures, Nova Capital Markets, Philadelphia; Stuart Campling, Aberdeen Asset, London; Karen Regan, T. Rowe Price, Baltimore; Tony Godonis, Aberdeen Asset; John Benedickson, Nova Capital Markets, both West Conshohocken.</p> <p>Marc Tumolo, Vanguard, Malvern; Ryan McNamara, Dean Bruskof, Ashley Cooper, all McNamara Trading, Brad Hunt, Vanguard, Malvern; Sean Buckley, NYFIX Millennium, New York. </p> <p>Options Market Structure: Jeromee Johnson, 3D Markets.</p> <p>Introduction:Cal Quinn, CorePROFIT Solutions. </p>
<p>Quantitative Investment Funds and Their Impact: Brian Gallagher, Morgan Stanley; Spencer Baugher, Banc of America Securities; Bill Bell, Lehman Brothers; Andrew Smith, BroadStreet Capital Partners.</p> <p>Steve Carolus, E*Trade, Chicago; Dom Mitarotondo, Domestic Securities, Edison; Mike Reilly, McNamara Trading, Philadelphia.</p> <p>Tony Godonis, Aberdeen Asset Management, West Conshahocken; Jeff Rugen, Chris Watson, both DuPont Capital, Wilmington.</p> <p>Mike McCarthy, Crowell Weedon, Bala Cynwyd; John Ware, Avondale Partners, Baltimore.</p>
<p>Brian Higgins, Aberdeen Asset Management, West Conshahocken; Pete Keblish, Janney Montgomery Scott; Matt Mundy, Philadelphia Stock Exchange, both Philadelphia.</p> <p>Joe Morrissey, Boenning & Scattergood, West Conshahocken; Michael Anastasi, Knight Capital Group, Jersey City; Lauren Sawyer, Habitat for Humanity; Brian McNamara, McNamara Trading; Philadelphia; Chuck Green, E*Trade, Chicago.</p> <p>Ken McNamara, David Spratt, both McNamara Trading, Philadelphia; Don Riley, Centurion Trading, Philadelphia.</p> <p>Abby Schaefer, Habitat for Humanity; Eric Axelson, guest; Cal Quinn, CorePROFIT Solutions; Melissa Quinn, guest; Jason Pyrah, Habitat for Humanity, Philadelphia.</p>
<p>James Rae, Credit Suisse, New York; Chris Watson, Dupont Capital, Wilmington; Mark Kepner, Instinet, New York; Jeff Rugen Dupont Capital, Wilmington.</p> <p>Josh Cohen, Penn Capital, Cherry Hill; Christopher Dowd, Needham & Co., New York; Jim Klinger, Penn Capital, Cherry Hill; Bill Kaeli, Mia Brinkly, Ryan Gray all Merrill Lynch, Philadelphia.</p> <p>Shari Grant, BNY ConvergEx Group; Mark Kepner, Instinet, both New York.</p> <p>Eugene Bodo, Ferris Baker Watts, Baltimore; David Stergenwald, Camelot Capital, Greenwich.</p>
<p>Dean Bruskof, McNamara Trading, Philadelphia; Chuck Green, E*Trade, Sue Lyall, Citadel, both Chicago.</p> <p>Brian McCarthy, Michael Haub, Jeffrey Guthrie, Brad Hunt, David Flood, all Vanguard, Philadelphia.</p> <p>Melissa Donohue, Boenning &Scattergood; Karen Regan, T. Rowe Price, Baltimore.</p> <p>Boots Leahy, Kildare Capital, Randor; Joe Tama, Merrill Lynch, New York.</p>
<p>Christopher Hufnell, Gould Investments, Berwyn; Peter Pan, Delaware Investments; Sanjay Upadhyaya, Gould Investment Partners, both Philadelphia.</p> <p>Jon Schneider, Randy Williams, Joe Bracco, all BATS Trading; John Tulli, James Rae, both Credit Suisse, New York.</p> <p>Harry Gobora, Drexel Hamilton, Philadelphia; Patty Kevin-Schuler, CBOE, Chicago; Michael Galatino, Boenning and Scattergood, Philadelphia.</p> <p>Steve Carolus, E*Trade, Chicago; Michael Reilly, McNamara Trading, Philadelphia; Karen Colledge, Canaccord Capital, Toronto; Stan Craig, Vertical Group; Doug Bantum, Wedbush Morgan, both New York.</p>
<p>Ken Bantum, Devine Capital, James Rae, Credit Suisse, Keith Casuccio, Morgan Stanley, all New York.</p> <p>Board of Directors: Boots Leahy, Kildare Capital; Mike McCarthy, McNamara Trading; Carlos Jimenez, Pali Capital; Chris Preston, Nova Capital Markets; James Nolen, Janney Montgomery Scott; Anthony Godonis, Aberdeen Asset Management; Melissa Donohue, Boenning & Scattergood; Cal Quinn, CorePROFIT Solutions.</p> <p>Board of Directors: Boots Leahy, Kildare Capital; Mike McCarthy, McNamara Trading; Carlos Jimenez, Pali Capital; Chris Preston, Nova Capital Markets; James Nolen, Janney Montgomery Scott; Anthony Godonis, Aberdeen Asset Management; Melissa Donohue, Boenning & Scattergood; Cal Quinn, CorePROFIT Solutions.</p> <p>Eric Pierce, UBS, New York; Tony Lopez, Pershing, Jersey City, Val Sanchez, UBS New York; Kimberly Ficorilli, Guest; Joe Tama, Merrill Lynch, New York.</p>

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