Exhibit 99.2.        Press Release regarding $14.3 million private placement


                              FOR IMMEDIATE RELEASE



         BELZBERG TECHNOLOGIES INC. ANNOUNCES $14.3 MILLION BOUGHT DEAL



                  Toronto, April 1- Belzberg Technologies Inc. (TSE:BLZ) a
leading provider of electronic trading systems in Canada and the United States
today announced that it has entered into an underwriting agreement with Haywood
Securities Inc. and Sprott Securities Inc. pursuant to which the underwriters
have agreed to place on an underwritten basis a private placement of special
warrants for gross proceeds of $14.3 million. Haywood will act as lead manager
of the financing. The offering is subject to receipt of all applicable
regulatory approvals.

                  In connection with the private placement, Belzberg will issue
special warrants which, subject to adjustment, will be convertible into
2,730,000 common shares and 682,500 share purchase warrants. Each share purchase
warrant will entitle the holder to purchase an additional common share of
Belzberg at a price of $5.50 per share during a period of 18 months following
closing. Belzberg has agreed to file a prospectus to qualify the distribution of
the securities issuable upon exercise of these special warrants.

                  Belzberg Technologies intends to use the net proceeds of this
financing for corporate development purposes.

                  The common shares and share purchase warrants have not been
registered under the United States Securities Act of 1933, as amended, and may
not be offered or sold in the United States unless registered under the Act or
unless an exemption from registration is available.

                  Except for historical information contained herein, the
matters discussed in this press release are forward-looking statements that
involve risks and uncertainties, including but not limited to economic,
competitive, governmental and technological factors affecting the company's
operations, markets, products and prices and other factors.