FXall Press Release

MAREX FINANCIAL SELECTS FXALL

MAREX joins forces with FXall for FX trading services

20 February 2006 - 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.

Farooq Muzammal, Head of Foreign Exchange at MAREX Financial, says: "The popularity of FX as an asset class is continuing to grow, and we are seeing strong demand from our clients for a powerful, comprehensive FX trading solution. We selected FXall because it offers our clients access to a marketplace of unparalleled depth and consistency, as well as having a track record for building strong, collaborative relationships with partners and clients."

Mark Warms, Global Head of Sales and Marketing at FXall, commented: "This is an exciting opportunity to extend our services to MAREX’s network of active trader clients. Hedge funds and other active traders are increasingly looking for FX solutions that offer more than just spot trading in a handful of currency pairs. We look forward to working closely with MAREX to deliver a services that meets their complex and evolving requirements."

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.

About MAREX Financial

• MAREX Financial is a newly formed independent financial brokerage company offering trading services for exchange and non-exchange traded instruments. It has operations in London and Geneva and offers access to global exchanges.
• Client needs are serviced by experienced and dedicated staff utilising strong technology providing a streamlined service throughout. Its teams employ robust and advanced trading e-solutions and along with its proficient voice broking specialists clients receive a focussed and professional service.
• MAREX Financial has been capitalized with £100 million from its sole shareholder Marathon Asset Management LLC. Marathon is a New York based alternative investment and asset management company with over $5 billion in capital and approximately $11 billion in assets under management.
• MAREX Financial is authorized and regulated by the Financial Services Authority (number 442767).