FXMARKETSPACE RECEIVES LEADERS IN INNOVATION AWARD

London - 29 November 2007

FXMarketSpace, the first centrally-cleared, global foreign exchange (FX) platform for the over the counter (OTC) market, today announced that the company has been awarded Financial-i magazine’s “Leaders in Innovation” Award for Online FX 2007.

Financial-i’s second annual Leaders in Innovation Awards provide recognition for banks, software and hardware vendors shaping the delivery of business solutions in wholesale transaction banking. FXMarketSpace received the award based upon building the OTC market’s first centrally-cleared FX trading platform and successfully launching it in March, 2007.

Anita Hawser, Editor Financial-i, said, “Leaders in Innovation is not about rewarding banks and vendors with the largest market share or the most revenues. Our awards are about recognising those companies that demonstrate an ongoing commitment to innovation.”

Mark Robson, Chief Executive Officer, FXMarketSpace, said, “To be recognised as a leader in innovation by Financial-i is testament to both the vision and hard work that went into building FXMarketSpace. As we continue to increase efficiencies in the FX market we are able to provide a trading platform which offers customers complete market transparency, central counterparty clearing and total anonymity, whilst publishing every market price with minimum latency.”

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