FXall Press Release

FXALL MATCHING ENGINE PERFORMANCE ENHANCEMENTS DELIVER SUPERIOR SPEED TO HIGH FREQUENCY TRADERS

Fill Rates Exceed 90% With Ultra-Low New Order Latency Time

14 September 2009 - FXall, the world's leading electronic foreign exchange platform, today announced significant hardware investments and software enhancements to its matching algorithms and Accelor technology which underpins its Order Book and FXall Trading platforms. The combined improvements increase peak order capacity by 50 percent and reduce tail latencies that impact client execution speed at the 95th percentile. Mean new order latency on the Order Book has been reduced by 75% and average take out latency by 40%.

FXall constantly enhances the performance of its platform to meet the continuing demand for ultra low-latency trading in the market to offer the highest performing technology to its active trading client base. This provides clients, particularly high frequency traders, with an extremely high confidence level that they will receive order and execution acknowledgements without measureable delays. Clients are providing positive input on the superior quote tradability and response time performance. FXall has achieved this by optimizing internal messaging infrastructure and increasing throughput for credit calculations which has resulted in significantly faster and more efficient execution of trades, in addition to higher fill rates.

"Active trading clients care about both execution speed and fill rate. Our matching engine delivers 90% fill rates on average for clients, with many seeing 100% of orders filled on a consistent basis. This reliability gives them an extremely high level of confidence in their ability to get their trades done at the best price on our platform," noted Minor Huffman, CTO of FXall.

Phil Weisberg, CEO at FXall, commented: "This latest increase in performance has resulted in deeper liquidity and positive client feedback on the responsiveness and ability of our platform to execute trades quickly. Active traders need the lowest latency and best possible technology, and FXall is committed to growing its position as the trading platform of choice for this important client segment. This development empowers clients to take advantage of access to anonymous and streaming bank liquidity with the trading strategy most suited to their requirements."

About FXall

FXall gives institutional clients an edge in foreign exchange trading as the leading independent electronic platform. We deliver the expertise, resources and commitment of a neutral platform with the broadest suite of FX trading solutions that combine execution tools with end-to-end workflow management and straight through processing. Our flexible tool set delivers the right execution strategies and liquidity in all market conditions for over 800 institutions globally. FXall's offices in New York, Boston, London, Tokyo, Singapore and Sydney serve the needs of active traders, asset managers, corporate treasurers, banks, broker-dealers and prime brokers.

For more information on FXall, visit www.fxall.com.