FXall Press Release

FXALL TRADING VOLUMES BREAK THROUGH $64 BILLION

6 November 2006 - FXall, the world's leading foreign exchange platform, today announced record volumes of more than $64 billion in a single day. In addition, volume on the platform was up 55% in October versus the same period the previous year.

The increase in trading activity was due to a combination of new clients joining the platform and increased activity from existing users. Growth came from all client segments, including hedge funds, asset managers, banks, broker-dealers and corporations.

FXall's continued growth reflects the ongoing shift from telephone to online trading. According to recent research by Greenwich Associates¹, online FX trading by 'top-tier' buy-side clients was worth some $16.9 trillion in 2005. FXall, whose clients include 59% of the S&P Global 100 and 41% of Global Investor's top 100 asset managers², accounts for a significant share of this activity.

Michael Mendes, Chief Operating Officer of FXall, said: "As FX trading volumes rise, institutional clients from all segments are turning to online trading platforms to enhance their FX performance. We are delighted that so many clients have chosen FXall for their FX requirements, from best execution to straight-through processing and streamlined order management".

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.