ESpeed introduces FX trading to its platform, giving multiple buyers and sellers neutral and anonymous access to the largest and most liquid financial markets in the world. On the same platform that transacts an average of more than $40 trillion in transactions, eSpeed provides full price transparency and real-time pricing for a wide range of products.

Hotspot FXi is an electronic marketplace that enables foreign exchange clients to view full real-time, depth-of-book trade instantaneously and anonymously on live, executable, multicontributor prices as well as enter their own bids and offers.

Hotspot FX is a spot foreign exchange marketplace for individual investors, and broker-dealers, FCMs and fund managers catering to small and medium-sized investors. Hotspot FX is a fully transparent marketplace trading structure, which provides live streaming executable prices from leading FX dealing banks for instant trading by clients as well as the ability for clients to enter bids and offers into the market.

FX Connect is a multibank foreign exchange trading network that provides secure, real-time trade execution with multiple counterparties 24 hours a day. Through FX Connect, users can access liquidity from 49 providers and execute spot, forward and swap transactions across an unlimited number of accounts.

TEX Multidealer Trading System, 360T's globally accessible Cross-Product Multibank Portal, offers a single window of professional market access. Corporate treasuries, institutionals, buy-side banks and public sector trade FX, MM and other frequently used financial instruments with market makers of their choice on a Web-based execution platform.

GLOBEX is the Chicago Mercantile Exchange's electronic trading platform for Foreign Exchange and all CME products.

The LavaFX product suite, built upon Lava's proprietary technology core, provides a premier offering in electronic foreign exchange trading that is transforming the FX marketplace. LavaFX's Central Limit Order Book provides live dealable prices, full price transparency and depth of book, and the ability to place bids and offers, together with Lava's sophisticated order types.

FXall is a leading provider of automated trading and workflow solutions for foreign exchange and money markets. Each day the world's largest financial institutions trade billions on FXall. Through our network of more than 50 global liquidity providers, we offer services to facilitate improved performance in the front and back offices through better execution and seamless STP.

A comprehensive suite of FX and money markets trading tools for the buy and sell sides; executable streaming prices, request for streams, benchmark trading and complete prime brokerage functionality with fully integrated pre- and post-trade processing services.

All major CLS Currency Pairs Eurodollar, U.S. Dollar, British Pound, Japanese Yen, Swiss Franc, Singapore Dollar, Norwegian Krona, Swedish Krona, Danish Krona, Australian Dollar, Canadian Dollar, New Zealand Dollar, South African Rand, Hong Kong Dollar, Korean Won.

Cash Spot Foreign Exchange trading in 17 major Currency and Cross Rate Pairs.

Cash Spot Foreign Exchange trading in 11 major Currency and Cross Rate Pairs.

Order Management and Trade Execution Tools. FX Connect is a multibank foreign exchange trading network that provides secure, real-time trade execution with multiple counterparties 24 hours a day.

FX: Spot, Forward, Swap, Options. MM: Loan Deposit, FRA, CP. IRD: Swap, Cap, Floor.

36 Currency Futures, Currency Futures Pairs and options on Currency Futures.

The top 24 Currency Pairs, with more to follow.

Foreign Exchange Spot and Forward in more than 190 Currency Pairs, Swaps, Money Market Deposits.

Spot.

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10% Asset Managers; 10% Corporate Treasurers; 70% Hedge Funds; 10% Other

30% Asset Managers; 0% Corporate Treasurers; 0% Hedge Funds; 70% Other

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10% Asset Managers; 80% Corporate Treasurers; 0% Hedge Funds; 10% Other

20% Asset Managers; 20% Corporate Treasurers; 40% Hedge Funds; 20% Other

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21% Asset Managers; 35% Corporate Treasurers; 21% Hedge Funds; 23% Other

10% Asset Managers; 30% Corporate Treasurers; 30% Hedge Funds; 30% Other

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Marketplace, instant trading on multibank prices, clients can bid/offer too, Streaming Quotes with Limit Order Book.

Marketplace structure, instant trading on multibank prices as well as ability for clients to enter bids and offers, Streaming Quotes with Limit Order Book.

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Streaming Quotes with Limit Order Book, Streaming Quotes with Auto Quoting, Request for Quote.

Streaming Quotes with Limit Order Book, Streaming Quotes with Auto Quoting, Request for Quote.

Streaming Quotes with Limit Order, Book Streaming Quotes with Auto Quoting.

Streaming Quotes with Limit Order Book, Streaming Quotes with Auto Quoting, Request for Quote.

Direct Orders and Benchmark Trading, Streaming Quotes with Limit Order Book, Streaming Quotes with Auto Quoting, Request for Quote.

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Commission

Commission

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Buy side: free of transaction fees. Sell side: notional-based/per trade.

Fees are based on membership type, customer type and in some cases, market maker or other special programs.

Lava charges its users a commission.

Charges depend on the type of service clients choose. Some services are free of transaction charges to the buy side, while others are brokerage-based with volume discounts.

Per million executed commission.

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Adding additional FX and other products. More Options products, etc.

Lava will continue to introduce additional enhancements to LavaFX in order to help clients continue to achieve best execution. Lava also plans to introduce new order types and functionality, which will be unique in the FX marketplace and will enhance the aggregation of disparate pools of liquidity.

FXall has built its success through a combination of technical innovation and our commitment to listening and responding to customer needs. We will continue to lead new developments in online foreign exchange, and to invest in products and services to meet the needs of our diverse client base.

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