Form 51-102F3
Material Change Report
1.
Name and Address of Company
Titan Trading Analytics Inc.
2 nd Floor East, 9735 42 nd Avenue
Edmonton, Alberta, T6E 5P8
2.
Date of Material Change
April 7, 2006
3.
News Release
April 7, 2006 via CCNMatthews.
4.
Summary of Material Change
Titan Trading Analytics Inc. ("Titan") and its wholly owned subsidiary, Titan Trading USA,
announce the appointment of Eric Davidson, Technical Research Analyst, to lead Titan's
Research for its Grey Box (semi-automated) Equity Trading Division under its USA Trading
Operations.
5.
Full Description of Material Change
Titan and its wholly owned subsidiary, Titan Trading USA, announce the appointment of Eric
Davidson, Technical Research Analyst, to lead Titan's Research for its Grey Box (semi-
automated) Equity Trading Division under its USA Trading Operations. Davidson is a
founding member of the Results-Driven Financial Network ("RDFn"), a third-party research
firm where he currently serves as Chief Market Technician. He is a noted speaker and
writer on the subject of technical analysis at national industry events and for trading industry
periodicals.
Davidson's appointment is also in preparation for the launch of Titan's proprietary market
data analysis platform, TickAnalyst, currently under development. He will be instrumental
with the testing, implementation and ongoing operations of Titan's Black Box (fully
automated) Division as TickAnalyst comes online later in this quarter.
6.
Reliance of subsection 7.1(2) or (3) of National Instrument 51-102
N/A
7. Omitted Information
N/A
8.
Executive Officer
Ken W. Powell, President & CEO
Telephone: 780-438-1239
9.
Date of Report
April 7, 2006