Document:

Exhibit 10.34

OPTIMARK

                                    OptiMark, Inc.          201.536.7000 phone
                                    24th Floor              201.536.7070 fax
                                    10 Exchange Place
                                    Jersey City NJ 07302

                                    www.optimark.com

April 9, 2001                  PERSONAL AND CONFIDENTIAL

VIA FEDERAL EXPRESS
-------------------
Mr. Trevor Price
312 East 23rd Street, Apt 5C
New York, NY 10010

Dear Mr. Price:

Optimark, Inc. (the "Company") is pleased to offer you the position of Senior
Vice President Product Strategy. We are very enthusiastic about your joining the
team, as we continue to build Optimark, Inc. In your role you will have a major
impact on the success of this venture and the future of the corporation. Here
are the terms of the offer:

POSITION    You will serve as Senior Vice President Product Strategy and will
work at the Company's New Jersey facility. You will be responsible for such
duties as are normally associated with such position or as otherwise determined
by the Board of Directors, except that the Company agrees that you will not at
any time be given a lesser title than the one stated above.

SALARY AND BENEFITS    As compensation for the services you provide the Company,
you will be paid a base salary of one hundred and seventy five thousand dollars
($175,000.00) per annum, which will be payable in accordance with the Company's
regular payroll practices. Also, you will (i) be eligible to participate in all
employee benefits provided by the Company to its employees, including the
Company's bonus program; (ii) receive three weeks vacation per year, which is
earned pro-rata over the year; and (iii) receive 5 paid-time-off days
(personal/sick) per year. You will also receive the same paid holidays as are
observed by all of the Company's employees.

CONSIDERATION FOR EQUITY BONUS     At each annual review, the Company shall
consider granting Employee a reasonable and competitive number of options to
purchase common stock of the Company's parent, OptiMark Holdings, Inc., and/or
other equity-based compensation awards, which options and/or awards shall be
reasonably calculated to incentivize Employee to help the Company achieve its
financial goals; provided, however, that the Company does the same for its other
employees.

INCENTIVE STOCK OPTION     You will be eligible to participate in the "OptiMark
Holdings, Inc. 1999 Stock Plan" (the "Stock Plan"), as amended. A copy of the
Stock Plan is attached for your reference. Subject to the appropriate

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Mr. Trevor Price
April 9, 2001
Page 2 of 3

approvals, including approval of the Board of Directors, and amendment of the
Stock Plan, if necessary, to increase the number of shares allocated to the
Stock Plan, you will be granted an Incentive Stock Option to purchase an
aggregate number of shares equal to three quarters of a percent (0.75%) of the
outstanding shares of par value $0.01 common stock of the Company's parent,
OptiMark Holdings, Inc., (the "Stock"), calculated on a fully diluted basis as
of the date you commence employment with the Company. The exercise price to
purchase the Stock will be the fair market value of the Stock as of the date
upon which you commence employment with the Company.

The specific terms and conditions of your Incentive Stock Option to purchase
shares of the Stock of the Company's parent, OptiMark Holdings, Inc., will be
set forth in the "Stock Option Agreement" issued pursuant to the Stock Plan. A
copy of the Stock Option Agreement is attached for your reference. The Stock
Option Agreement will be executed after you commence your employment with the
Company.

CHANGE IN CAPITALIZATION
In the event that the Company undergoes a change in capitalization and creates a
new stock plan for a new class of stock, the Employee will participate in the
same manner as other employees of the Company who have an Incentive Stock Option
on the common stock of the Company's parent, OptiMark Holdings, Inc. Currently,
we anticipate that the employees will be granted non-incentive stock options
under a new stock plan such that ratio of (A) the number of options granted to
an employee to (B) the total number of options available to all employees will
remain constant between the Stock Plan and the new stock plan. We also
anticipate that employees' option grants under the existing Stock Plan will
remain in tact. Further, the Company foresees that the vesting schedule under
the new stock plan will be four (4) years, with one-quarter (1/4) of the new
options vesting after the first year and the remaining options vesting quarterly
over the remaining thee (3) years. Of course, the foregoing are subject to
change at the discretion of the Company and/or its investors.

SEPARATION FROM EMPLOYMENT AND SEVERANCE PACKAGE        In the event that the
Company terminates your employment for a reason other than for "cause", as
defined in the Company's Employee Agreement (a copy of which is attached to this
letter), you will receive severance pay in the amount of four (4) months base
salary. In addition, the Company agrees that it will continue making employment
level contributions for all employee benefit plans provided to you by the
Company during your employment, for a period of four (4) months following the
termination of your employment.

AT-WILL EMPLOYMENT      The relationship between you and the Company will be for
an unspecified term and will be considered at will. No employment contract is
created by the existence of any policy, rule or procedure in the

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Mr. Trevor Price
April 9, 2001
Page 3 of 3

Company's handbook, any document of the Company, or any verbal statements made
to you by representatives of the Company. Consequently, the employment
relationship between you and the Company can be terminated at will, either by
you or the Company, with or without cause or advance notice.

EXCLUSIVITY     Your employment with the Company is considered exclusive to the
Company and, as a condition of your employment, we do not expect, nor will we
allow, you to perform services for compensation for any third party. Your
employment with the Company is also subject to and conditioned upon your
execution of the Company's Employee Agreement.

The employment terms in this letter and the Employee Agreement supersede any
other agreements or promises made to you by anyone, whether oral or written, and
comprise the final, complete and exclusive agreement between you and the
Company.

Please sign and date this letter and the Employee Agreement to indicate your
acceptance of employment at the Company under the terms described above and
return them to me in the enclosed Federal Express package. If you accept our
offer, we would like you to commence your employment with us on April 16, 2001.

We are very pleased to make you this offer and look forward to future success
for you and for Optimark, Inc. If you have any questions regarding the offer set
forth in this letter please contact me.

I look forward to hearing from you soon.

                                          Very truly yours,

                                          Optimark, Inc.

                                          By:  /s/ Robert Warshaw
                                               ------------------
                                          Robert Warshaw
                                          Chief Executive Officer

ACCEPTED BY:

/s/ Trevor Price
----------------
Trevor Price

DATE 5/16/2001                     START DATE: April 16, 2001Exhibit 10.35

                               EMPLOYEE AGREEMENT
                                  (Version II)

     In consideration of my employment or continued employment by OptiMark,
Inc.(the "Company"), I agree to the terms and conditions of employment set forth
below.

     1.    CONFLICT OF INTEREST. At the time of signing this Agreement, I have
no obligation to any prior employer or other person or organization which would
interfere with my performance of my work for the Company or which would result
in any conflict of interest for the Company or its customers or clients, except
as I have noted in attachment A hereto. Further, I have made no commitment and
have no restriction on my service which is a result of any past or present
consulting agreement, directorship, ownership interest or other affiliation or
connection with any other organization, except as I have noted in attachment A
hereto, and will not enter into such commitments or be encumbered by such
restrictions without receiving prior written approval from the Company. During
the period of my employment by the Company, I will not engage in any other
employment or other activity which may be inconsistent with my obligations to
the Company and its investors, business partners, customers and clients.

     2.    CONFIDENTIAL INFORMATION. In the course of my employment by the
Company, I may become aware of confidential information including, without
limitation, computer system and software designs, plans for new product and
service offerings, dealings with regulators, customer lists, market research,
strategic plans or other similar information that relates to the business of the
Company, its investors, business partners, customers or clients. I will not use
or disclose any such confidential information of the Company or its investors,
business partners customers or clients except in fulfillment of my obligations
to the Company or unless ordered to do so by a court of competent jurisdiction
(in which latter case I will promptly inform the Company of such order). I will
comply with the Company's policies and procedures for the protection of
confidential information. Further, my obligation not to disclose or use such
confidential information will continue for a period of two years after the
termination of my employment for whatever reason.

     3.   INTELLECTUAL PROPERTY. I fully and promptly will disclose and describe
to the Company, and hereby agree to assign to the Company, all of my full right,
title, and interest in all intellectual property, including, without limitation,
all inventions, discoveries, concepts, ideas, systems, methods, processes,
works, computer programs and computer software (whether or not patentable or
copyrightable or constituting trade secrets), which I make, conceive, reduce to
practice, or create as an employee of or in connection with my employment by the
Company. I also will disclose and assign to the Company all of my interest, if
any, in any such intellectual property conceived of or created by other
employees or by clients of the Company during the period of my employment by the
Company. I understand that I will have no rights to any royalties or other
compensation for the use of any intellectual property covered by this Agreement,
unless expressly agreed to in writing by the Company. This paragraph 3, however,
shall not apply to intellectual property that meets all of the following
requirements: (i) it does not relate to the actual business or research and
development of the Company, or to business or research and development under
consideration by the Company that is known to me, (ii) it is made or conceived
of by me during times not working as an employee of the Company (whether or not
during normal business hours or on Company premises), and (iii) it is not

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derived from, and is made without the use of, any intellectual property or
confidential information of the Company. I own the discoveries, improvements or
inventions identified in attachment A hereto, which discoveries, improvements or
inventions are expressly reserved and excepted from the provisions of this
Agreement.

     4.    PATENTS.   I will cooperate with  the Company in doing whatever is
appropriate, including executing assignments, to apply for, obtain and enforce
patent rights (U.S. and/or foreign) for the Company or its clients on any
invention which is made by me (either alone or jointly with others) during my
employment, provided that (a) all expenses required to apply for, obtain and
enforce any patent rights will be paid by the Company, and (b) if I am required
to spend a substantial amount of time to carry out my obligations under this
paragraph 4, I will be entitled to reasonable compensation from the Company for
that time. I understand that the Company will have no obligation to me to apply
for or obtain any such patent rights.

     5.    WRITINGS. Any written materials or software that I prepare, in whole
or in part, during the course of my employment with the Company, will be the
property of the Company. I hereby assign to the Company all of my full right,
title and interest in any such written materials or software. I also will do
whatever is appropriate to obtain copyright protection of any such written
materials or software relating to my work for the Company or its clients, should
the Company so request.

     6.    FINANCIAL OBLIGATIONS. If I am provided with travel advances or other
advances of expenses in connection with my employment with the Company, I will
make a prompt settlement of all such advances after completion of the travel or
other employment-related activities. If I owe any money to the Company at the
time of termination of my employment, such amount owed to the Company may be
deducted from any money otherwise owed to me by the Company.

     7.    REASONABLE NOTICE OF TERMINATION I understand that, unless expressly
provided otherwise in any other written agreement signed by me and an authorized
officer of the Company, my employment with the Company is "at will", and my
employment may be terminated by the Company at any time, with or without cause
or prior notice. I understand that termination of my employment will be deemed
to be with cause only if I am terminated for gross negligence (but not ordinary
negligence), intentional misconduct, breach of this or any other written
employment agreement with the Company, or repeated failure to comply with
reasonable directives of the Company's Chief Executive Officer or Board of
Directors, all as determined by a unanimous vote of said Board, or if I am
convicted of or plead guilty or novo contender to a felony or crime of moral
turpitude.

     8.    COMPANY PROPERTY. Upon the termination of my employment with the
Company, or during my employment if so requested by the Company, I will deliver
to an authorized representative of the Company (a) all credit cards,
identification cards, badges, keys, and other items which have been provided to
me by the Company, (b) all tools, equipment, and software provided to me by the
Company, and (c) all written materials, records, tapes, disks and other media
which relate to the business of the Company. I will not retain any copies or
duplicates of the items described above, except that I may retain copies of my
own records relating to my compensation from the Company, a copy of this
Agreement, and my personal copies of any papers which have been written by me
and have been published without restriction.

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     9.    [INTENTIONALLY OMITTED.]

     10.   SOLICITING EMPLOYEES AND CLIENTS. I agree that for a period of 12
months following the termination of my employment with the Company for any
reason, I will not, and will not assist any one else to, directly or indirectly
solicit or induce any of the Company's employees to terminate their employment
with the Company or divert, interfere with or take away from the Company any
person, company or entity which, within the six month period immediately
preceding my termination of employment, was an investor, customer, client,
supplier, business partner, prime contractor, subcontractor or independent
contractor of the Company.

     11.   ACKNOWLEDGMENT. I acknowledge that the Company shall not have an
adequate remedy at law in the event I breach this Agreement and that the Company
will suffer irreparable damage and injury in such event. I agree that the
Company, in addition to any other available rights and remedies, shall be
entitled to a preliminary and permanent injunction, without having to post a
bond, restricting me from committing or continuing any violation of this
Agreement.

     12.   ENFORCEABILITY. If any provision of this Agreement shall, to any
extent, be found to be invalid or unenforceable, the remainder of this Agreement
shall not be affected thereby, and any such invalid or unenforceable provision
shall be reformed so as to be valid and enforceable to the full extent permitted
by law.

     13.   OBLIGATIONS TO THE COMPANY. I understand that I may have obligations
to the Company that are not expressly set forth in this Agreement, including
obligations to perform the duties of my employment with loyalty, honesty and
integrity and in good faith. I understand that I will be required to comply with
all rules, regulations and policies of the Company.

     14.   CONTINUING OBLIGATIONS. My obligations under this Agreement will
continue in effect after termination of my employment with the Company. The
provisions of this Agreement will be binding upon my executors, administrators,
or other legal representatives in the event of my death or disability.

     15.   GOVERNING LAW. This Agreement (except for paragraph 7) shall continue
in effect after my employment with the Company terminates, and shall be governed
by and construed in accordance with the laws of the State of New Jersey.

     16. NO ORAL AGREEMENTS. I understand that (a) this Agreement and any other
written employment agreement include every agreement between the Company and me
with respect to my employment, (b) any and all prior oral agreements between me
and the Company with respect to my employment are terminated and superseded by
this Agreement, (c) no oral agreements between me and the Company with respect
to my employment are or will be enforceable against me or the Company, and (d) I
will not rely on any oral promises from the Company with respect to my
employment, on the understanding that any such promises must be included in a
writing, signed by an officer of the Company, in order to be enforceable.

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<PAGE>

     17.   RECOMMENDATION OF LEGAL ADVICE. I acknowledge the Company's
encouragement for me to have obtained independent legal advice with respect to
this Agreement. I either have obtained or affirmatively waive such advice.

I HAVE READ AND UNDERSTAND ALL OF THE PROVISIONS OF THIS EMPLOYEE AGREEMENT, AND
I AGREE TO SUCH PROVISIONS WITHOUT RESERVATION.

           /s/ Trevor B. Price
           -------------------
           Signature

           5/16/2001
           ---------
           Date

           Trevor B. Price
           ---------------
           Printed Name

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