NEWS ARCHIVE

January 2007
> AFA Makes Strategic Move Into Options

December 2006    
> AFA Partners with BNY ConvergEx to Provide Algo Trading                      
> Midwood Securities to offer AFA’s IMPACT Pro™ Trade Order Processing Platform 

October 2006
> AFA Names Lynch CEO

May 2006
> Hudson Securities to offer AFA's IMPACT Pro™ Trade Order Processing Platform

December 2005
> AFA Formalizes Strategic Alliance with Ponus Capital Partners
> Pulse Trading Extends AFA’s Impact Pro Platform to Institutional Clients

September 2005
> Viewpoint Securities, LLC. to offer AFA's IMPACT Pro™ Trade Order Processing Platform

July 2005
> AFA's IMPACT Pro™ to offer CSFB's AES Algorithms

June 2005
> Empire Financial to offer AFA’s IMPACT Pro™ Trade Order Processing Platform

April 2005
> SunGard’s BRASS and AFA to Offer Combined OMS and DMA Solution
> vFinance, Inc to offer AFA's Impact™ Order Processing Platform
> Piper Jaffray to use AFA Impact Pro™ Order Processing Platform

March 2005
> Craig Messinger- Appointment to Board of Directors

February 2005
Hudson Securities adds two additional clients to the Impact Web™ application

January 2005
Advanced Financial Applications, Inc gains Bronze certified partner status with NASDAQ®

December 2004
Advanced Financial Applications, Inc releases new version of its trading solution, Impact Pro™