Janney Montgomery Scott Goes Live with Tradeweb Retail


Rollout Continues TradeWeb's Accelerated Growth in Retail Fixed Income

JERSEY CITY, N.J., July 23 / - Thomson TradeWeb, the leading Fixed Income and Derivatives trading network, and part of The Thomson Corporation (NYSE: TOC; TSX: TOC), today announced that Philadelphia, Pennsylvania-based broker-dealer Janney Montgomery Scott LLC ("Janney") has completed the deployment of the TradeWeb Retail platform to most of its 900 reps in 100 branch offices nationwide.

TradeWeb Retail is Thomson TradeWeb's communications network for trading retail-size fixed income securities, which provides financial consultants and traders the ability to easily access aggregated bond inventory from 67 dealers. TradeWeb Retail's proven technology and signature TradeWeb customer service allow financial consultants to streamline their workflow when buying fixed income products, leaving more time to grow client relationships. TradeWeb Retail began executing live trades in December 2006.

"After a thorough analysis of the various retail fixed income platforms, we felt TradeWeb Retail was the most viable partner for us," said Alan Schankel, Senior Vice President, Director of Fixed Income at Janney. "TradeWeb Retail provides our Financial Consultants, through this cutting-edge technology, access to a large variety of fixed income products and tools. We are very pleased with the rollout and the level of customer service and training we continue to receive from the TradeWeb Retail team. And, our Financial Consultants and their clients are already benefiting from this application."

Pete Reinhart, Senior Vice President, Manager of Taxable Fixed Income at Janney, added "It is crucial for us to arm our Financial Consultants with access to extensive levels of fixed income inventory through an easy-to-use application. Our rollout went very smoothly and we look forward to this partnership with TradeWeb Retail."

"As a longtime Thomson Financial and TradeWeb customer, Janney was a perfect fit for us," said Peter Adams, Director, TradeWeb Retail. "We were delighted to work alongside the Janney team and implement their feedback directly into our release schedule. The combination of TradeWeb's expertise and Thomson Financial's wealth management footprint has been central to the rapid growth of our fixed income business, and will continue to be a key component to TradeWeb becoming the leading retail fixed income solution in the next two years."

As a Thomson Financial service, TradeWeb Retail provides Janney seamless integration with Thomson ONE Wealth Management Workstations and the Thomson Transaction Services (TTS) back-office system and trader workstation. The deployed TradeWeb Retail solution exclusively enables context passing between TradeWeb Retail and Thomson ONE, and two-way communication on front and back office information between TradeWeb Retail and TTS.

About Thomson TradeWeb

TradeWeb is the leading Fixed Income and Derivatives trading network with over 11 million trades executed and total volume surpassing $175 trillion since its inception in 1998. TradeWeb's multi-dealer auction model links the trading desks of 35 of the world's leading Fixed-Income dealers with more than 2,200 buy-side institutions in North America, Europe, and Asia. Over $200 billion in trading volume gets executed over TradeWeb each day. TradeWeb Retail, a communications network for trading retail-size fixed income securities, provides financial consultants and traders the ability to easily access aggregated bond inventory from 67 dealers.

Thomson TradeWeb operates within the Thomson Financial group of businesses. TradeWeb LLC is a member of the NASD. TradeWeb Europe Limited is regulated by the U.K. Financial Services Authority.

About Janney Montgomery Scott LLC

Founded in 1832, Janney is an integral part of the nation's financial history, holding the second oldest continuously operated membership in the New York Stock Exchange. The Firm ranks as a major, full service securities broker/dealer, providing individual, corporate and institutional investors with comprehensive financial services and investment banking expertise. With headquarters in Philadelphia, PA, Janney operates through a network of nearly 100 branches with 900 Financial Consultants. Janney is an independently operated subsidiary of The Penn Mutual Life Insurance Company. Janney Montgomery Scott LLC is a member of the New York Stock Exchange, National Association of Securities Dealer and the Securities Investor Protection Corporation. www.jmsonline.com

About Thomson Financial

Thomson Financial, with 2006 revenues of US$2 billion, is a provider of information and technology solutions to the worldwide financial community. Through the widest range of products and services in the industry, Thomson Financial helps clients in more than 70 countries make better decisions, be more productive and achieve superior results. Thomson Financial is part of The Thomson Corporation (www.thomson.com), a global leader in providing essential electronic workflow solutions to business and professional customers. With operational headquarters in Stamford, Conn., Thomson provides value-added information, software tools and applications to professionals in the fields of law, tax, accounting, financial services, scientific research and healthcare. The Corporation's common shares are listed on the New York and Toronto stock exchanges (NYSE: TOC; TSX: TOC).

Source: Thomson TradeWeb

CONTACT:
Janna Silverglade
TradeWeb Retail
+1-201-536-3285
or
Joe Christinat
Thomson Financial
+1-646-822-2392

Web site:
http://www.thomsonfinancial.com/
http://www.jmsonline.com/

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