FXall Daily Trading Volume Exceeds $90 Billion

FXall, the world's leading foreign exchange platform, today announced record trading volume of more than $90 billion in a single day. Average daily volume on the platform for September was up by more than 44% versus the same period in 2006.

The increases were driven by a combination of new clients coming onto the platform as well as growth from existing clients including asset managers, corporations, banks, broker-dealers and hedge funds. In particular, FXall saw strong growth in trading activity by the investment community, which now accounts for more than 50% of volumes traded over the platform.

Two key factors contributed to volume growth. Regulatory requirements for greater control and transparency mean clients naturally gravitate to FXall as a platform offering a comprehensive audit trail and best execution. In addition, FXall continues to anticipate the changing needs of the rapidly growing FX market with the proactive development of new products and enhanced services.

Phil Weisberg, Chief Executive Officer of FXall, said: “The sustained increase in trading volumes on FXall reflects our commitment to innovation and the continuous development of our client offering. As FX trading volumes continue to rise, more and more traders are turning to online platforms to meet their increasingly complex needs. We look forward to even stronger growth going forward as we continue to extend and enhance the range of services we provide".
About FXall
FXall is the leading portal for online foreign exchange trading, offering customers foreign currency trade execution, access to research 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 provides customers with the ability to meet best practice guidelines prescribed by regulatory bodies - for more information visit: http://www.fxall.com/about/BestPracticeFX.pdf
FXall is an independent company with offices in New York, London, Boston, Tokyo and Singapore.

FXall's services are not intended for, and are not available to, private customers, and are not intended for distribution into any jurisdiction where such distribution is restricted by law or regulation. FXall's services do not constitute investment advice or an advertisement, offer, or solicitation of an offer, for the purchase or sale of any investment, securities or other property, or a representation that any investment, security or other property is suitable for any person.

FXall may act through FX Alliance, LLC (a Delaware, USA limited liability company), FX Alliance Limited (regulated by the Financial Services Authority), FX Alliance International, LLC (ARBN 097 253 640, a Delaware, USA company, members' liability limited).

FXall, Altair, QuickFill, QuickOMS, QuickConnect, and all associated logos, are the trademarks of FX Alliance LLC.