As you are aware OEC had a mandatory upgrade last weekend to version 3.4. As a result of this release, OEC had reliability issues that were not consistent with client's expectations. OEC has a long-standing history of reliable, stable technology and a commitment to innovation in trading features and functions. We are disappointed that our latest release did not meet the high standards both we here at OEC and our customers have grown to expect over the years.
While the roll out was not optimal, we are excited about the potential this new architecture provides. The new version paves the way to build out our global connectivity including Asia as well as add equity and equity options. We sincerely apologize for any inconvenience to your trading our data center issues have caused.
I would like to assure you we remain committed to providing the high quality technology, service and support you've come to expect from OEC.