Release Candidate of NumXL

SPIDER Announced the release of NumXL 1.0(RC)

Chicago, IL, USA, July 24, 2009 - SPIDER FINANCIAL, a leading solution provider for financial markets, today announced the release of version 1.0 RC of the company’s econometric analytics software - NumXL. The software contains significant functionality for algorithmic traders, strategists, analysts and economists.

The new software release addresses the market need for intuitive, fast and accurate analytical trading tools that integrate seamlessly with solutions that are familiar to users. The superiority of the new version lies not only in improved analytical features, but also in the ability to use and integrate those analytics with wizards, workbooks, documentation and examples. To see a full list of changes in this release, please check our release notes.

SPIDER Financial services the needs of securities traders, financial analysts, portfolio and risk managers, and treasury analysts within banks, corporate treasuries and asset management firms.

NumXL is released under a shareware license agreement. Users are advised to review the license agreement at our website.

Users who wish to download and test NumXL should visit the NumXL Homepage to download the latest software release.

Media Contact:
Mohamad EL-Bawab
Direct: +1.312.324.0367
Email: Mohamad.El-Bawab@SpiderXL.com