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GFT APPOINTS DIRECTOR OF JAPAN OPERATIONS

Ada, Mich., Nov. 7, 2005 — Global Forex Trading, a leading provider of real–time currency dealing, pricing and comprehensive services for foreign exchange traders, has promoted Mr. Toshihiko Iida to director of Japan operations.

"Through his tremendous hard work and dedication to GFT, Mr. Iida has made a significant contribution to the success of our company in Japan," said Gary Tilkin, president and CEO, GFT. "We are confident that in his new position, Mr. Iida will continue to contribute his wealth of experience to our Japan operations while also contributing to our global growth strategy and success."

Based in Tokyo, Mr. Iida will now be responsible for managing GFT’s retail and institutional operations, while continuing to assist in growing key relationships with new and existing GFT referring parties.

"It is a pleasure to work with Mr. Iida, due to his managerial strength and dedication to details, as well as his comprehensive knowledge of the forex market and our customers’ needs," said Ashraf Ebid, executive vice president of sales and new business development, GFT.

Before coming to GFT, Mr. Iida served as the chief forex dealer for the Bank of Tokyo in Tokyo and New York City, and has also worked for BHF and Swiss Bank Corporation.

Founded in 1997, Global Forex Trading (GFT) is a world–leading provider of real-time currency dealing, pricing and comprehensive services for retail and institutional foreign exchange traders. Serving a global customer–base in more than 120 countries through its DealBook® FX 2 trading software and 24–hour dealing operation, GFT’s world headquarters are in Ada, Michigan, with sales offices located in New York, Chicago, Tokyo and Sydney, Australia.

Global Forex Trading (GFT), Division of Global Futures and Forex, Ltd., is a registered futures commission merchant with the Commodity Futures Trading Commission (CFTC) and a member of the National Futures Association and the Australian Securities & Investments Commission (ASIC). In 2005, GFT was ranked 16th on the Deloitte Technology Fast 500, a list of the 500 fastest–growing technology companies, based on a 15,518 percent increase in revenue from 2000 to 2004.