FXDD Announces Three New Institutional Products

By Fxdd, PRNE
Monday, May 23, 2011

NEW YORK, May 24, 2011 -

FXDD, a leader in online Forex trading, today announced three new product
offerings to its line of advanced solutions for institutional traders. The
new products include Forex options, non-deliverable forwards (NDFs) and
trading in Chinese Yuan (CNH) cleared in Hong Kong. These innovative
offerings will expand FXDD's services and allow institutions, including hedge
funds, fund managers, commodity pool operators (CPOs) and select banks to
diversify their portfolio exposure and manage their risk.

(Logo: photos.prnewswire.com/prnh/20110510/NY98178LOGO)

"All three products were developed in response to demand from our
institutional customers and further solidify FXDD's place as a technological
leader in the foreign exchange industry," says Lubomir Kaneti, Chief
Operating Officer at FXDD. "In the future, we'd like to be able to offer
these products to our retail clients, subject to regulations and other

FOREX options: FXDD joined forces with Forex software provider FX Bridge
to launch the foreign exchange options platform FXDDOptions. The trading
platform offers vanilla options with streaming pricing from multiple banks
and additional strategies are available on a request-for-quote basis. FXDD
offers options pricing from top-tier liquidity providers with over 20
currency pairs, creating a business-to-business solution for companies
interested in trading options or offering options to their retail clients.

Non-deliverable forwards (NDFs): NDFs allow traders to manage their risk
and to gain exposure in emerging markets where a currency is either
non-deliverable or where national regulations prevent the use of the forward
foreign exchange market to manage foreign exchange risk. FXDD will offer the
following NDFs: Malaysian Ringgit, South Korean Won, Chinese Yuan, Taiwan
Dollar, Indian Rupee, Indonesian Rupiah, Russian Ruble, Brazilian Real,
Columbian Peso, Peruvian Nuevo Sol, Argentine Peso, Chilean Peso, and the
Philippine Peso.

Chinese Yuan (CNH) contracts: Chinese Yuan (CNY) is not a fully
convertible currency and therefore, market participants cannot trade the
USD/CNY pair on the spot market. Recognizing this limitation, CNH was
introduced as a proxy for CNY in July 2010 and FXDD is proud to be among the
first to offer trading in the currency. CNH is a deliverable currency in Hong
and is cleared with its own liquidity and pricing without restrictions.
CNH will broaden the reach for global companies to manage their asset and
liability exposure to CNY. The rapid development of a CNH Bond market has
added depth of liquidity and broadened the base of counter parties.

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 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,
FXDDTrader, PowerTrader and FXDDAuto. The Company's services currently
provide competitive interbank pricing, no-interest accounts, and
fully-automated execution. FXDD also provides 50:1 leverage in the US, as
well as competitive bid-to-ask spreads.

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

Farley Green, FXDD, +1-212-266-0902, fgreen at fxdd.com; or Dave Carlson, Fleishman-Hillard, +1-312-729-3646, Dave.Carlson at fleishman.com

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