FXall Press Release

FXALL DAILY VOLUME TOPS $54 BILLION

Euromoney FX Poll confirms FXall as number one for fifth year running

4 May 2006 - FXall, the world's leading foreign exchange platform, today announced that volumes had exceeded more than $54 billion in a single day of trading last week. Volumes were driven by increased activity from all client segments.

The news comes shortly after FXall announcement that Q12006 had been its busiest quarter ever, with total trading volumes of more than $2.1 trillion. Trading volumes in March were up 53% on March 2005.

Phil Weisberg, CEO, FXall, said: "Breaking through $54 billion in a single day of trading is a tremendous milestone not just for FXall, but for the industry as a whole. When we went live in 2001, the leading platforms were trading a few billion dollars a day. These volumes have risen exponentially as electronic trading enters the mainstream. We are pleased and proud to have been at the forefront of this development."

Separately, FXall has come first in Euromoney's influential FX Poll for the fifth year running. The Euromoney poll is an annual survey that measures the performance of leading foreign exchange banks and service providers. FXall was voted top multibank portal with more than 33.87% of market share, significantly ahead of the 18.1% achieved by the second-placed provider.

This year's poll was the largest ever, attracting 6,322 responses from corporate treasurers, fund managers and senior banking executives. Total trading volumes recorded by respondents doubled from $43 trillion in 2005 to $85 trillion this year.

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.