FXall Press Release
FXALL TO PROVIDE ITG CLIENTS WITH FX TRADING CAPABILITIES
11 February 2008 - FXall, the world's leading foreign exchange platform, is pleased to announce a distribution agreement with Investment Technology Group (ITG), a leading provider of technology-based trading services and transaction research. This agreement will enable ITG clients to trade foreign exchange through FXallÕs comprehensive FX trading solution.
This agreement will provide fully integrated, award-winning FX services with industry-leading trading technology to offer enhanced connectivity to clients increasingly looking to invest in the rapidly growing FX market. FXall and ITG will co-operate to ensure that mutual clients receive the highest quality of service from the interface between the respective offerings. Initially, ITG will connect FXallÕs relationship-trading platform into its order management system, Macgregor XIPª and execution management system, Triton®.
Phil Weisberg, Chief Executive Officer of FXall, commented: "We are delighted to have partnered with ITG. We are confident that we make a formidable team, offering cutting-edge trading solutions to clients in an increasingly complex market. FXall is committed to providing products that meet the diverse needs of market participants and our deep liquidity and advanced technology make us a natural choice for FX trading in todayÕs market."
Bob Gasser, Chief Executive Officer of ITG, said: "ITG is committed to providing its clients with trading tools that help them navigate an increasingly complex marketplace. Multi-asset class trading is becoming increasingly important to our clients and this agreement with FXall allows us to provide them with access to the growing foreign exchange market."
About ITG
Investment Technology Group, Inc. (ITG), is a specialized brokerage firm that partners with clients globally to provide innovative solutions spanning the entire trading process. A pioneer in electronic trading, ITG has a unique approach that combines pre-trade, order management, trade execution, and post-trade tools to provide continuous improvements in trading and cost efficiency. The firm is headquartered in New York and maintains offices in North America, Europe and the Asia Pacific regions. For additional information, visit www.itg.com.
About FXall
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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.
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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
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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.
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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
Robert Roessler
Penrose Financial
Telephone: +44 20 7786 4892
robertr@penrose.co.uk
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