Alex Hoffman joins Index Explorer

LONDON - 20 June 2007

Data Explorers Limited, today announced that Alex Hoffman, has joined them as Head of Sales to their Index Explorer service. Client demand and the expansion of the service have fuelled growth.

Index Explorer and International Index Explorer provide subscribers with global short interest intelligence - levelling the playing field between the long and short side of the stock markets. Index Explorer provides daily information relating to the amount of shares on loan globally in an interactive format. The service makes it easy to monitor the daily change in the volume of securities on loan and the relationship with share price movements. To aid interpretation and put lending into context, users can view Heatmaps to obtain a snapshot view of market-wide Short Interest movement as well as plot historic data.

Alex started his career at Credit Agricole Indosuez in 1998, working in the foreign exchange markets, before moving to Bloomberg in 1999 where he was sales manager with responsibility for fund managers and hedge funds in London. Most recently, Alex was head of data sales at Citywire, the leading fund manager rating agency. Alex graduated from St Andrews University with a 2:1 in French and German and holds the IMA’s Investment Management Certificate.

Will Duff Gordon, Managing Director of Index Explorer commented, “We are delighted to announce this appointment. Alex’s solid experience in the Hedge Fund community will be invaluable in driving our growth in this area. He will focus upon the provision of “short side intelligence” and market impact services to proprietary traders and hedge funds, especially as we continue to add new services.“

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