FXall Press Release

FXALL'S TRADING VOLUMES BREAK THROUGH $825 BILLION

Monthly trading volumes hit all-time high

12 April 2006 - FXall, the world's leading online foreign exchange platform, today announced record trading volumes of $825 billion in March, a 53% increase on the same period last year.

The first quarter of 2006 was FXall's busiest ever with total volumes of $2.1 trillion, up 35% on Q1 2005. FXall's volumes have grown every quarter since the platform went live in 2001.

Phil Weisberg, CEO, FXall, said: "These figures are a testament to FXall's focus on meeting the requirements of our growing and diverse customer base. As FX trading volumes continue to rise, and customer requirements become more complex, there is more demand than ever for advanced execution and workflow tools combined with consistently deep liquidity across all currency pairs and tenors. We will continue to strive to offer the deepest liquidity, tightest prices, and most efficient trading environment for all our institutional clients."

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.