News Release

FXMarketSpace Expands London and New York Team

Wed Nov 01 2006

LONDON, CHICAGO and NEW YORK, Nov. 1 /PRNewswire/ -- FXMarketSpace, the first centrally-cleared, global, foreign exchange (FX) platform, today announced that it has made the following senior-level appointments:

  --  Cheri Giglia as Senior Vice President and Head of Finance.  Giglia,
      37, who will report to Mark Robson, Chief Executive Officer, joins
      from Trading Partners where she was Finance Director with overall
      responsibility for the Group's global finance function.  Her role also
      included a position on the company's European management team where
      she was responsible for advising on all finance and budget related
      issues.

  --  Susan Malkin, 37, as Vice President, Operations.  Malkin was
      previously with EBS Dealing Resources.  During her tenure there,
      Malkin held a series of roles of increasing responsibility.  Most
      recently she was an Operations Manager, leading technical support
      operations for a number of products including EBS Prime and EBS Spot.
      She will report to Yigal Oren, Senior Vice President and Head of
      Operations.

  --  Reny Morsche-Zlatkovic as Vice President, Sales, who will report to
      Rick Sears, President and Chief Sales Officer.  Morsche-Zlatkovic, 40,
      has more than 12 years experience in FX sales and trading in European
      and US markets.  Most recently, she worked for Deutsche Borse in
      London where she was involved in product development for Eurex,
      including the launch of FX futures at that exchange.

  --  Jake Smith as Vice President and Head of Marketing, also reporting to
      Sears.  Smith, 37, joins from HSBC where he was Global Manager,
      Marketing in e-commerce. In that role he oversaw the development and
      implementation of HSBC's global e-FX and marketing strategy.  He was
      also responsible for marketing HSBC's capabilities across bilateral
      and multi-bank platforms, white label services and liquidity
      provision.  Prior to joining HSBC, Smith was Marketing Manager for
      Citibank Foreign Exchange where he managed external communications
      with specific focus on e-commerce, both bilateral and multi-bank.

  --  Alyson Wilson as Vice President and Head of Customer Solutions
      Management, EMEA.  Wilson, 35, who will report to Dan Rosenberg,
      Senior Vice President and Head of Customer Solutions Management, joins
      from EBS where she was responsible for a high profile client base and
      managed the relationships for key accounts that included Barclays
      Capital, JP Morgan and Deutsche Bank.  Her role also encompassed pre-
      sales, project-management to live trading and cross-selling solutions,
      mainly in relation to prime brokerage and algorithmic trading.

"Our ability to attract top talent demonstrates the market's anticipation that FXMarketSpace will be one of the significant electronic trading platforms in FX," said Mark Robson, Chief Executive Officer, FXMarketSpace. "I am delighted to welcome our five new team members and look forward to working with them as we take our exciting proposition onto to the next level."

About FXMarketSpace

FXMarketSpace, a 50/50 joint venture between Reuters, the global information company, and CME, the world's largest and most diverse financial exchange, will be the first centrally-cleared, global, over-the-counter foreign exchange (FX) marketplace. FXMarketSpace will be the first FX platform involving the entire spectrum of market participants including global and regional banks, asset managers, corporations, hedge funds and other market makers. The platform will combine CME's central counterparty model and clearing function with Reuters straight-through processing capability. The result will be a platform that is uniquely positioned to reduce risk, provide deep liquidity, anonymity, price discovery, and cut costs and increase efficiencies for inter-dealer and institutional FX transactions. For more information on FXMarketSpace, please visit http://www.fxmarketspace.com/ .

SOURCE: FXMarketSpace

CONTACT: Pamela Plehn, CME, +1-312-930-3446, or pplehn@cme.com ; or
Andrew Waterworth, +44 207 269 7127, or andrew.waterworth@fd.com , or Amy
Rosenberg, +1-212-850-5615, or amy.rosenberg@fd.com , both of Financial
Dynamics ; or Steve Clarke, Reuters, +44 20 7542 6865, or
steve.clarke@reuters.com

Web site: http://www.fxmarketspace.com/

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