IKON Global Markets

IKON EXPANDS MARKET MAKING TO EXCHANGE PLATFORMS:

IKON GLOBAL MARKETS is pleased to announce an enhanced Exchange Market Making API. As an established and active market maker in the OTC markets for Spot Foreign Exchange and Bullion markets, IKON will leverage its new Market Maker API to provide liquidity to more global exchanges and ECNs. Through recent upgrades in our API and working through a major global communications network, IKON is able to provide pricing and liquidity to markets across the globe (from ASIA to the Middle East/Africa to North America) on all time zones. In addition to the markets listed below, IKON will add efficient pricing and market depth to new exchanges, as well as new products on existing exchanges. We look forward to being a single stop solution for pricing: whether on our platform or through an exchange/ECN.

Markets that IKON is currently actively involved in:

NASDAQ Futures Exchange: World Currency Futures and Options

The launch of the WCFO product by PHLX (Later NASDAQ/PHLX) marked a new beginning for investors to participate in the global foreign exchange marketplace. By structuring their product around smaller contract sizes, the WCFO has developed open interest (the amount of open long and short contracts) of US 7.5 Billion notional amount. IKON GM was selected for their technology expertise, integrity and market making acumen. IKON was appointed a primary market maker on NASADQ/PHLX.

Dubai Gold and Commodities Exchange: Foreign Exchange and Bullion Products

As the leading market in the Middle East for Foreign Exchange and Bullion Derivatives (1 million contracts with a notional value of US 52 Billion for the period Jan to Sept 2008), the promoters of DGCX selected IKON GM to be a primary market maker. In the 12 months since activation, IKON has been responsible for 30% of the daily turnover on FX products and is consistently a top 5 volume leader.

FXALL: The best multi-bank FX trading Portal (FX WEEK)

When FXALL (an institutional FX liquidity aggregator) developed a product (ACCELOR), IKON was selected to be the first active market maker on the platform. IKON was the first firm to successfully integrate their proprietary pricing applet into the system and has been a daily active market participant.

Upcoming Platforms:

CURRENEX VIKING

FX ECN by the industry leader CURRENEX Technologies (2nd Quarter 2009 launch)

HOTSPOT FX

FX ECN owned and operated by KNIGHT Trading, an industry leader in the electronic market making environment (2nd Quarter 2009 launch)

Singapore Mercantile Exchange (SMX)

A joint collaboration between Government of Singapore and Financial Technologies, India (An existing IKON partner) providing FX and Bullion markets throughout ASIA.