FXall Press Release

FXALL LAUNCHES CROSS CURRENCY NETTING TO OPTIMIZE TRADE EXECUTION

9 February 2009 - FXall, the world's leading electronic foreign exchange platform, today announced the launch of Cross Currency Netting, a new feature that enables market participants to better manage high value multi-currency exposures in today's volatile markets. This development underscores FXall's commitment to the continuous improvement of its comprehensive platform for sophisticated institutional clients including asset managers, corporate treasurers, hedge funds and banks.

Cross Currency Netting combines powerful tools which help clients identify principal risks within a currency portfolio so they can be efficiently transferred to their chosen bank or custodian with details automatically processed by FXall's award winning integrated workflow and STP capabilities. FXall's Cross Currency Netting feature enables customers to consult with their bank or custodian to determine the optimal trading strategy within a fully automated process with a complete audit trail. This unique combination allows clients to operate more efficiently, lever the expertise of their partners, and maintain a controlled, error free environment.

The addition of Cross Currency Netting to the FXall platform adds an additional execution tool for clients to choose as they determine the best method to execute each trade. By providing the greatest range of execution alternatives and workflow choices, FXall enables its clients to more effectively manage diverse FX requirements in changing market conditions.

Phil Weisberg, Chief Executive Officer of FXall, added: "FXall is committed to providing a fair and independent trading environment for all market participants and we're pleased to announce the most comprehensive offering in this space. As an established and committed long-term partner, we are constantly investing in our leading platform to establish new products to best serve the needs of our clients. Cross Currency Netting is one such initiative, to allow our clients to execute trades in the most efficient and cost-effective way best suited to their sophisticated trading strategies."

About FXall

FXall is the leading institutional electronic foreign exchange trading platform, offering customers foreign currency trade execution and straight through processing. By combining streamlined workflow, competitive FX prices and a complete audit trail, FXall delivers improved control and cost savings at every stage of the deal lifecycle. FXall is an independent company with offices in New York, Boston, London, Tokyo, Singapore and Sydney.

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