LONDON, CHICAGO and NEW YORK, Sept. 13 /PRNewswire/ -- FXMarketSpace, the first centrally-cleared, global, foreign exchange (FX) platform, today announced that it has made four key senior-level appointments. Each executive will fill new roles that have been created since FXMarketSpace was formed in July 2006.

  The appointments are:

  --  Jane Forster as Global Head of Legal and Compliance (London).
      Forster, 37, joins from EBS where she was Head of Legal for the last
      6 years, responsible for all legal and regulatory matters for the
      business globally.  As a member of the senior management team Forster
      oversaw EBS' entry into 10 new countries.

  --  Yigal Oren as Global Head of Operations (New York).  Oren, 46, has
      over 16 years experience as an information technology professional in
      the financial industry.  Oren joined Reuters in 2001 and for the past
      four years has overseen a global initiative to improve client's
      efficiency and maximize their benefits from systems and services.

  --  Debra Rabichow as Global Head of Clearing and Settlement (Chicago).
      Rabichow, 55, was previously Chief Operating Officer at Goldenberg,
      Hehmeyer & Co.  Rabichow has extensive experience working with
      proprietary electronic trading businesses.

  --  Dan Rosenberg as Global Head of Customer Solutions (New York).
      Rosenberg, 53, was previously the Global Head of Solutions Delivery at
      EBS.  He was responsible for establishing a global organization with
      business units to provide sales support and technical deployment of
      foreign exchange trading, market data and STP systems.

"Our ability to attract this group of experienced, talented professionals underlines the increasing confidence that the market has in FXMarketSpace," said Mark Robson, Chief Executive Officer, FXMarketSpace. "I am delighted to welcome Jane, Yigal, Dan and Debra to our senior team and look forward to the impact that they will make on the business as we continue to make strong progress attracting new customers to join our Early Adopter Program ahead of the fourth quarter Beta testing phase."

Forster will report to Robson with all others reporting to FXMarketSpace Chief Operating Officer, Bryan Hunter.

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 foreign exchange transactions. For more information on FXMarketSpace, please visit http://www.fxmarketspace.com/ .

SOURCE: FXMarketSpace

CONTACT: Pamela Plehn of CME, +1-312-330-2356, pplehn@cme.com , or Steve
Clarke of Reuters, +44 20 7542 6865, steve.clarke@reuters.com , or Andrew
Waterworth of Financial Dynamics, +44 20 7269 7127, andrew.waterworth@fd.com ,
or Amy Rosenberg of Financial Dynamics, + 1-212-850-5615,
amy.rosenberg@fd.com

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