FXall Press Release

FXALL EXPANDS IN ASIA PACIFIC WITH AUSTRALIAN OFFICE

8 December 2008 - FXall, the world's leading electronic foreign exchange platform, today announced it has expanded its Asia Pacific operations with the opening of a new office in Sydney.

Led by industry expert Jonathan Woodward, who was appointed as Head of Australia & New Zealand, the office will support FXall's growing business operations in the Asia Pacific region and complement its existing Singapore and Tokyo bases. According to the 2007 Triennial Central Bank Survey, Australia's share of foreign exchange turnover has risen to 4.3%, up from 2.4% in 2001, and the market remains a key growth area for FXall.

Woodward joins FXall with over 20 years experience in the electronic trading industry including six years with State Street where he was General Manager of FX Connect for Australia and New Zealand.

"There is a wealth of opportunity for FXall in the Australian market as the corporate treasury and asset management communities look to take advantage of the tools and processes pioneered in the US and European markets. We feel Jonathan's industry knowledge and experience make him the perfect choice to drive the growth of our Sydney office", commented Phil Weisberg, Chief Executive Officer of FXall.

Jonathan Woodward, Head of Australia & New Zealand at FXall added "The opening of our Sydney offices comes at a key growth stage in the Australian market. The appetite for electronic FX trading in the region is increasing as investors look for a way to hedge against counterparty risk whilst enhancing trade execution quality. FXall is uniquely placed to capitalise on the opportunities the Australian market affords".

FXall offers a comprehensive suite of FX trading products that offer either a standalone solution or combined multi product functionality. FXall continues to invest in developing new and existing products that complement its extensive range of services that, together or in isolation, achieve the best results for clients.

About FXall

• FXall is the leading provider of automated trading and workflow solutions for FX and treasury, offering trade execution, workflow tools, control and compliance 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, FXall Trading, Accelor, Accelorate, Settlement Center, Market Insight, QuickConnect, QuickFill, QuickOMS, QuickTrade and all associated logos are the trademarks of FX Alliance LLC.

For more information on FXall, visit www.fxall.com.

For more information on Accelor, visit www.accelortrading.com.