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FXall Press Release

FXALL LAUNCHES INNOVATIVE TRADING SOLUTION FOR ACTIVE TRADERS

  • Integrates Multiple Execution Strategies To Deliver Trading Edge
  • Broad Services Available Through A Single Interface For The First Time

16 March 2009 - FXall, the world's leading electronic foreign exchange platform, today announced the launch of a new trading solution specifically designed for active traders. In response to changing market dynamics and demand from hedge funds, broker-dealers and CTAs, the new trading solution provides access to liquidity in full amounts from bank relationships and Accelor, FXall's low latency, anonymous ECN within a single application. Full amount trading can deliver optimal trade execution, so having the flexibility to select execution mechanisms based on the specific trading requirement and prevailing market conditions can give clients an edge. Regardless of the execution method, clients can take advantage of FXall's award winning integrated workflow, STP, control and compliance capabilities.

Neill Penney, Head of Product Strategy of FXall, commented: "By combining the strength of streaming prices from relationship banks with anonymous liquidity, we are delivering a powerful combination of trading strategies to ensure active traders have the tools required to maximize opportunities. For the first time, one system gives traders access to liquidity in multiple FX products across all currencies and tenors. A cost-effective ASP implementation makes this easy to set-up, maximizing limited organizational resources."

"Our independence and strong balance sheet support our continued investment in the range of services and sophisticated strategies required by our top-tier client base. FXall's position as a long-term valued partner to our clients enables us to fully leverage our strong relationship trading pedigree and position as the leading electronic foreign exchange platform," noted Phil Weisberg, Chief Executive Officer of FXall.

FXall's new active trader functionality is one component of a complete solution that incorporates other execution mechanisms such as Request For Stream for spot, swap, forward and NDF products in major and emerging currencies. Active traders can take further advantage of FXall's recently introduced collaborative tools that enhance direct bank relationships and facilitate multi-currency portfolio management through Cross Currency Netting.

About FXall

FXall gives institutional clients an edge in foreign exchange trading as the leading independent electronic platform. We deliver the expertise, resources and commitment of a neutral platform with the broadest suite of FX trading solutions that combine execution tools with end-to-end workflow management and straight through processing. Our flexible tool set delivers the right execution strategies and liquidity in all market conditions for over 800 institutions globally. FXall's offices in New York, Boston, London, Tokyo, Singapore and Sydney serve the needs of active traders, asset managers, corporate treasurers, banks, broker-dealers and prime brokers.

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

For further information, please contact:

FXall
Telephone: +44 20 7173 9600
info@fxall.com

Nick Bone
Penrose Financial
Telephone: +44 20 7786 4878
Mobile: +44 7909 521293
nickb@penrose.co.uk

Alex Clelland
Penrose Financial
Telephone: +44 20 7786 4866
Mobile: +44 7841 293952
alexc@penrose.co.uk




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