Trading Statement

First Derivatives PLC
08 February 2007

8th February 2007

                             First Derivatives plc



     First Derivatives plc trading update for the year to 28 February 2007



First Derivatives plc ('the Company'), a provider of software and consulting
services to the world's financial markets, is pleased to provide the following
positive trading update.



The strong trading momentum that has characterised the beginning of the year has
continued into the second half of the year. The Company expects normalised
profit before tax to be materially ahead of market expectations.



The enhanced profitability has been a function of securing new customers and an
increased take-up of KX Technology.



The Company will release a more detailed update on it's financial performance in
due course and its financial results for the year to 28 February 2007 in early
May 2007.



For further information please contact:



First Derivatives

Brian Conlon

Managing Director

T: 028 3025 2242



Corporate Synergy

Luke Ahern / Romil Patel

T: 020 7448 4400



Parkgreen Communications

Justine Howarth / Victoria Thomas

T: 020 7851 7480



www.firstderivatives.com





Notes to Editors:



Established in 1996, FDP is a premium consulting service business and a software
provider to the capital markets technology sector. It primarily sells to a
majority of top tier banks in London and New York and numbers 30+ major
investment banks and hedge funds as customers.



Based in Newry, Northern Ireland, the business has approximately 90 consultants
operating mainly in London and New York.  The team has extensive industry
experience in derivatives, securities accounting, algorithmic trading and
financial/mathematical modelling. This is complemented by a range of highly
sought technology skills.






                      This information is provided by RNS
            The company news service from the London Stock Exchange