FXall

FXall's volumes grow 40% in 2005

MAREX joins forces with FXall for FX trading services

FXall completes FIX integration to thinkFolio.com

FXall adds NDF confirmations to Settlement Center

Corporate case study:
Juniper Networks streamlines FX hedging with FXall

The Toronto-Dominion Bank joins FXall as a liquidity provider

Need further training?

Euromoney's 2006 FX Poll - have you voted?

Find out how FXall facilitates best practice

Events
Visit FXall at key industry events in 2006

Provider announcements

FXall's volumes grow 40% in 2005

FXall's daily trading volumes, which last year crossed the $40 billion mark, are continuing to grow as more institutions make the move to online trading. Trading volumes have grown every quarter since trading began on the platform in 2001. Last year, annual volumes on FXall increased 40% to more than $6.7 trillion.

Increasingly, customers are also looking beyond execution to automate the full deal lifecycle, as the phenomenal growth on Settlement Center illustrates. (Click here for more details about Settlement Center).

FXall's strong performance has also been recognized in the leading FX polls. During 2005 the platform was voted number one multibank portal in Euromoney, Global Investor and FX Week foreign exchange polls.

FXall is committed to remaining at the forefront of online foreign exchange trading. As the FX markets evolve, trading and workflow requirements will become increasingly complex and diverse. This year we will continue to work closely with our clients across the foreign exchange markets as we develop new services to further enhance their trading experiences.

For more information about how FXall can help you better manage your workflow, please contact info@fxall.com.

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Events

23 February
Euromoney Forex Forum
Tokyo
Organized by Euromoney
Please visit the FXall stand for a demo.

27-28 February
Hedge Fund Workshop
New York
Organized by the Institutional Investor
FXall is sponsoring this event. Please visit our booth for a demo.

14-15 March
Liquidity and Cash Management for European Companies
Amsterdam
Organized by EuroFinance
Please visit FXall at stand S7 for a demo.

30 March
Forex Network
London
Organized by Profit & Loss
Please visit the FXall stand for a demo.

2-4 April
Foreign Exchange and Commodities Summit
Hilton Head, South Carolina
Organized by Opal Finance
FXall will be speaking at this event. Please visit our booth for a demo.

24-26 April
Chief Financial Officer Summit
St Augustine, Florida
Organized by World Trade Group
FXall will be participating in this event. Please visit our meeting room for a demo.

For further information about meeting FXall at any of these events please contact fleur.hewitt@fxall.com

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FXall adds NDF confirmations to Settlement Center

FXall has added non-deliverable forward (NDF) confirmations to Settlement Center. After executing an NDF trade on FXall, customers can now send SWIFT MT300 confirmation messages that include the standard NDF fixing date field.

NDFs are used to hedge FX transactions when using currencies that do not have freely tradeable forwards markets, typically exotic currencies. FXall supports trading and settlement in NDF currency pairs, including BRL, ARS, CLP, CNY, COP, IDR, INR, KRW, MYR, PEN, and PHP.

Settlement Center enables clients to send a wide range of SWIFT MT210, MT202, MT300, and MT304 messages, in a variety of formats, all automatically incorporating SSI details from FXall's comprehensive settlement instruction database. Last month more than 120,000 SWIFT messages were sent using Settlement Center.

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Need further training?

Does your team know how to get the most out of FXall?

• Achieving best execution
• Performance reporting

Contact your usual FXall representative to set up a training session. Alternatively email customers@fxall.com

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Euromoney's 2006 FX Poll - have you voted?

Are FXall's cutting edge trading and STP solutions helping you optimize your foreign exchange performance?

If so, register your vote in Euromoney's 28th annual survey of the world's foreign exchange markets by clicking here.

Voting continues until 10 March and the results will be announced in the May edition of Euromoney magazine.

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MAREX joins forces with FXall for FX trading services

FXall, the world's leading online foreign exchange platform, has been selected by independent brokerage company MAREX Financial to provide foreign exchange liquidity and trading services to its clients. The deal enables MAREX customers to tap into multiple sources of liquidity for fast execution and tight pricing in more than 200 currency pairs.

Clients will have access to an extensive range of trading options, including the ability to enter bids and offers into the system in order to reduce transaction costs and manage risk more effectively.

By using MAREX as a prime broker, customers can trade on a non-disclosed basis while leveraging MAREX's strong credit lines with the market's major sources of liquidity. Traders also have the option of connecting algorithmic trading models to FXall via an API or FXall's FIX Gateway for fully automated trading.

Click here for the full press release

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FXall completes FIX integration to thinkFolio

FXall has completed a FIX integration to OMS vendor thinkFolio, enabling clients to trade on FXall directly from their order management system.

Two clients are set to go live with the interface, which is available now in the latest release of the thinkFolio platform.

Andrew Walsh, CEO, thinkFolio, commented: "Asset managers are looking for closer integration between order management systems and execution venues. thinkFolio's interface to FXall provides clients with a complete end-to-end solution for foreign exchange modeling and trading, enhancing efficiency and facilitating compliance with industry regulations such as MiFID."

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Corporate case study:
Juniper Networks streamlines FX hedging with FXall

Juniper Networks has worked with FXall, its liquidity providers and its treasury management systems vendor, Green River Computing, to automate its FX hedging process.

Using web-based templates, Juniper automatically downloads information about its FX exposures into its FX treasury workstation, Green River Computing's Orbit. Orbit then aggregates the exposure information and sets up the appropriate trades. The trades are then automatically uploaded to FXall for execution with Juniper's relationship providers. Completed trades are downloaded back into Orbit.

Juniper also uses FXall's Settlement Center to send trade confirmations and settlement instructions, saving time and significantly reducing the risk of errors.

As a result of the new hedging process, Juniper has reduced the time taken to complete the monthly FX hedging process from sixteen hours to one hour. The time required to complete confirmations, netting and settlement has been reduced even more dramatically - from four hours to ten minutes.

Meanwhile, the reduction in manual activity represents a significant improvement in internal controls, facilitating compliance with accounting regulations like Sarbanes Oxley.

Ravi Chopra, senior treasury manager, Juniper Networks, explained: "Implementing straight-through processing for our FX hedging operations has delivered a number of significant gains, both for Juniper's treasury department and for the corporation as a whole. The annual time saving for traders, treasury analysts and accounting personnel has resulted in a payback period of no more than six to eight months. As well as delivering cost and efficiency gains, automating a previously manual and time-consuming process has freed up treasury personnel to concentrate on strategic, value-added tasks."

Click here for a case study about Juniper's automation of its FX hedging process, from the January 2006 issue of e-Forex magazine.

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The Toronto-Dominion Bank joins FXall

FXall has signed The Toronto-Dominion Bank, a Toronto-based banking group, as one of its liquidity providers. Canadian dollar trading volumes were up 40% on FXall last year, and TD Bank's participation as a liquidity provider is expected to contribute to further growth both in volumes and client numbers.

Click here for the full release.

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Find out how FXall facilitates best practice

FXall has published a guide to achieving best practice in foreign exchange trading. The handbook, which was distributed with the May 05 edition of Euromoney, addresses best execution, Sarbanes Oxley, IAS39, prime brokerage standards and industry best practices.

If you would like to receive a copy, please email info@fxall.com.

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Citigroup

Citigroup is a leading liquidity provider on the FXall platform for both G10 and EM currencies. We are pleased to further enhance our liquidity support on FXall's QuickFill streaming rates product by providing competitive prices in larger amounts. We invite you to try out Citigroup for your FX dealing needs.

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Click here to learn more about liquidity on FXall.