THE FIA INFORMATION TECHNOLOGY DIVISION

Presents

A Multi-Panel Forum

March, 2003 FIA Boca Conference

Prepared ByTellefsen Consulting Group, Inc.

AGENDA

I. Purpose and scope of the sessionII. About the speakersIII. What came out of the XML standards work

shops?IV. What new technology will the NYBOT install

on its new trading floor?V. How ready are industry DR/BCP programs?VI. Does STP Mean “Some Time Perhaps”?VII. Discussion of major industry issuesVIII. Audience Q&A

I. PURPOSE AND SCOPE OF THE SESSION

Describe FIA IT Division initiatives Share with you new technology

implementation Bring you up-to-date on standards,

DR/BCP and STP Have some fun

II. ABOUT OUR SPEAKERS

Steve Bass, Chief Information Officer & Senior Vice President – IT, New York Board of Trade

Ed Gogol – Director of Clearing Systems Development, Chicago Mercantile Exchange

Leonard Musso, First Vice President, Lehman Brothers, Inc. Jim Northey, Principal & Senior Consultant, LaSalle

Technology Group, Inc. and Chair FIX Global Derivatives Committee

John Rapa, President & Chief Executive Officer, Tellefsen Consulting Group, Inc.

David Sternberg, President, Computer Innovations Jerry Tellefsen, Chairman, Tellefsen Consulting Group, Inc.

III. WHAT CAME OUT OF THE XML STANDARDS WORK SHOPS?

How many firms were represented by how many people?

What are the biggest standardization problems?

How does what the FIA Standards Committee do cause or eliminate

convergence?

IV. WHAT NEW TECHNOLOGY WILL THE NYBOT INSTALL ON ITS NEW TRADING FLOOR?

Well Steve, what’s changing – voice, data, hardware, system

software or application software?

What will be the benefits of this innovation, and what will it cost? …

and when?

What were the biggest hurdles?

How will you back-up the new floor?

V. HOW READY ARE INDUSTRY DR/BCP PROGRAMS?

Do you agree that the Futures industry needs to plan for and improve DR/BCP

readiness in the way the Securities industry is?

How?

Do BCP/DR “Best Practices” exist todayas utilized by FCMs, Exchanges, Clearing

Houses, key industry vendors, etc.?

What is the mission of the BCP/DR Committee?

How will your Committee work toformulate a best practices model and

improve industry readiness?

How will the Futures Industry create anindustry readiness scorecard?

What kind of deliverables and practicalresults can be demonstrated?

VI. DOES STP MEAN “SOME TIMEPERHAPS”?

What are the benefits and impedimentsto achieving STP?

Can you describe where partial STP has been achieved?

What results are your Committee striving for?

VII. DISCUSSION OF MAJOR INDUSTRY ISSUES

Do you think that NYBOT and NYMEX will/should share technology?

What efficiencies do you think the introduction of industry IT standards

will achieve?

If you were an exchange how would you use technology to preserve

existing markets?

What do you foresee as the major IT obstacles facing our industry?

If you were the FIA or the IFM, what would you do to foster technology

integration?

What will be the technology impact of the CBT move to LIFFE-Connect?

VIII. AUDIENCE Q&A