Vancouver, BC , October 20, 2005 - In a move to further provide world-class financial information services to the burgeoning electronic market data community in China, AlphaTrade.com (OTC BB: APTD), a global leader of real-time financial data and analysis tools for professional, institutional and individual investors, today announced it has signed an agreement to provide General Steel Holdings (OTC BB:GSHO) of Tianjin, China, with E-Trax, a customized modular capital markets information tool for tracking and investing in the capital markets.

E-Trax is a set of customizable multi-channel modules that can be integrated into a company's business website within minutes. The Web-based tool allows investors to obtain complete financial information, including stock quotes, SEC filings, most active issues, news, stock charts, market snapshots and other information essential to the serious investor.

John Chen, chief financial officer of General Steel Holdings, said, "General Steel believes that, with the infusion of Western management systems, advanced technology and capital resources, the consolidated companies in our portfolio will have a stronger competitive position in the Chinese and international steel markets.

"With the addition of E-Trax and AlphaTrade's advertising service, we anticipate a significant increase in the number of investors using our website. They will be able to obtain essential data about global capital markets as well as General Steel. We are confident that AlphaTrade's financial data applications will attract new business and help us build stronger relationships with our existing and potential investors."

Penny Perfect, CEO of AlphaTrade, said, "The projected overall market growth in the Asia Pacific region is currently double-digit. Increased growth will drive demand for reliable and comprehensive market information. Our business in China is growing rapidly and we expect to continually add to our market share in this region and throughout Asia."

AlphaTrade's agreement with General Steel follows previously announced partnerships or affiliations with companies or financial data services and stock exchanges in Asia. Earlier this year, the Company was selected as the preferred provider of financial market data, news and analytics to SwiftTrade offices in Hong Kong, Shezhen, Shanghai and Guangzhou in China, as well as Singapore.

About General Steel Holdings

General Steel Holdings, Inc. and its subsidiary, Tianjin Da Qiu Zhuang Sheet Metal Co., Ltd., ("DQ") a People's Republic of China limited liability corporation, is a manufacturer of high quality hot-rolled steel sheets primarily for use in tractors, agricultural vehicles and other specialty vehicles. Since 1998, it has expanded its operations to six production lines capable of processing 250,000 tons of 0.7-2.0mm hot-rolled carbon steel sheets per year, making the company the largest producer in its product category in China, with a 40% market share of all steel sheets used in the production of agricultural vehicles in China. In 2004, its sales revenue was over $87 million and its total assets were worth nearly $53 million. Revenue for the first six months of 2005 was $46 million and net income in the same period 2005 was $1.57 million. For more information, visit http://www.gshi-steel.com.

About AlphaTrade "Follow the Market" ... Your Way

Launched in 1999, AlphaTrade is the only company that offers financial data that is both modular and multi-lingual to the millions of people who "follow the market" on a daily basis. AlphaTrade data can be conveniently accessed through a number of Internet-enabled systems, including computers, Web TVs, and wireless hand-held devices. The company's flagship product, E-Gate, offers unparalleled, reliable, and accurate real-time investment information, coupled with advanced trading analysis tools. For more information, please visit our website at www.AlphaTrade.com, contact Investor Relations IR@AlphaTrade.com, or Public Relations at PR@AlphaTrade.com.

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Forward-looking statements: Except for the historical information, the matters discussed in this news release may contain forward-looking statements, including, but not limited to, factors relating to future sales. These forward-looking statements may involve a number of risks and uncertainties. Actual results may differ materially based on a number of factors, including, but not limited to, uncertainties in product demand, risks related to doing business in China, the impact of competitive products and pricing, changing economic conditions around the world, release and sales of new products, and other risk factors detailed in the company's most recent annual report and other filings with the Securities and Exchange Commission.