FXALL ANNOUNCES SUCCESSFUL LAUNCH OF MONEY MARKETS PLATFORM

13 September 2006

New service now has more than 65 participants.

FXall, the world’s leading online foreign exchange platform, today announced the successful launch of its money markets platform. The service, aimed at banks, asset managers and corporations, streamlines money markets trading by delivering straight-through-processing and workflow tools that enable users to split deposits across multiple banks.

The platform went live in June 2006, supported by a number of banks including ABN, Barclays, ING, KBC, Lloyds, and RBS. More than 65 institutions are now participating in the service.

Using FXall, clients can automate every step of the money markets trading process. Unique features include the ability to:

• Split deposits across multiple providers, based on relationship or credit
criteria
• Enter into bilateral dialogues with providers to fine-tune rates and amounts
• Automatically roll over deposits without opening a new trade ticket
• Automate confirmation matching through FXall’s post-trade platform,
Settlement Center

The platform currently supports cash loans and deposits, with support for additional
money market instruments planned for future releases.

Mark Dearlove, Managing Director, Head of Money Market, Barclays, said: "This is an exciting new product which complements those already provided by FXall. We have been involved since the start of this project and hope it will prove to be of benefit to the whole market."

Wiel de Schrijver, Corporate Treasurer of Océ, said: “FXall’s service has had a
profound impact on our treasury operations. Direct integration with our Treasury
Management System has considerably improved workflow and reduced error rates.
We are now able to access and deal on highly competitive rates in a fraction of the
time that it would have taken previously. In addition, the system generates a full
audit trail for every trade, making it easy to track trading activity and facilitating
compliance with regulatory and best practice requirements. We are delighted that
FXall has now extended these benefits to money markets.”

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