FXDD Announces ISDA Membership

NEW YORK, March 6, 2012 /PRNewswire/ -- FXDD, a leader in online Forex trading and education, today announced it joined the International Swaps and Derivatives Association (ISDA) as an associate member.

(Photo: http://photos.prnewswire.com/prnh/20110510/NY98178LOGO )

With a goal of making over-the-counter (OTC) derivatives markets safer and more efficient, ISDA is one of the world's largest global financial trade associations. FXDD and its subsidiaries are part of more than 825 ISDA member institutions from 58 countries, working to promote ongoing transparency and efficiency within the derivatives markets.

"FXDD shares ISDA's passion for transparency and is proud to have a voice in building robust and stable financial markets underpinned by a strong regulatory framework," said Lubomir Kaneti, chief operating officer at FXDD. "ISDA has long worked to make the OTC derivatives market more efficient and accountable. FXDD will work with other member institutions to promote sound risk management practices and processes that help reduce systematic risk."

Other ISDA associate members include: Bloomberg Financial Markets, Chicago Board Options Exchange, CME Group Inc., Deloitte LLP, Ernst & Young LLP, IntercontinentalExchange, Inc., Jones Day, KPMG LLP, Moody's Investors Service, Inc., Newedge Group, NYSE Liffe, PricewaterhouseCoopers, Reuters and Standard & Poor's.

About ISDA

Since 1985, ISDA has worked to make the global over-the-counter (OTC) derivatives markets safer and more efficient. Today, ISDA is one of the world's largest global financial trade associations, with over 825 member institutions from 58 countries on six continents. These members include a broad range of OTC derivatives market participants: global, international and regional banks, asset managers, energy and commodities firms, government and supranational entities, insurers and diversified financial institutions, corporations, law firms, exchanges, clearinghouses and other service providers. Information about ISDA and its activities is available on the Association's web site: www.isda.org.

About FXDD

FXDD (www.fxdd.com), a Foreign Exchange Dealer registered with the CFTC and a member of the National Futures Association, is headquartered in New York City's 7 World Trade Center. FXDD is a leader in online Forex trading and education, dedicated to providing superior customer service, powerful trading technology, and reliable streaming liquidity. FXDD provides services to individual and institutional traders, hedge funds, commercial entities, brokerage firms and money managers around the world. FXDD offers 24-hour Forex trading by way of its trading platforms, which include: MetaTrader, PowerTrader, Mirror Trader, FXDDTrader and JForex. The Company's services currently provide competitive interbank pricing, no-interest accounts, and automated execution. FXDD also provides 50:1 leverage on major currencies in the US, as well as competitive bid-to-ask spreads.

Follow FXDD on Twitter at twitter.com/fxdd and on Facebook at facebook.com/FXDDForex.

SOURCE FXDD

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