Yaacov Heidingsfeld Appointed TraderTools CEO

NEW YORK, December 2 - TraderTools Inc. (TraderTools), a provider of business solutions,
software and services to financial institutions trading FX, announced today
that company Chairman and Chief Executive Officer (CEO), Martin S. Fawer, has
decided to step down from his post as CEO but will continue to serve as the
company's Chairman of the Board. In his stead, TraderTools' Chief Operating
Officer (COO), Yaacov Heidingsfeld has been appointed CEO.

Under Fawer's nine years of leadership, TraderTools has grown from a
small start-up into a leading technology company providing unique and robust
FX trading platforms to some of the world's largest financial institutions.

Co-founder Fawer commented, "Now that the company is firmly established
and has a strong transactional orientation, the time has come to hand the
controls over to Yaacov Heidingsfeld, my co-founder and COO. The Board and I
believe that Yaacov possesses the trader mentality and leadership qualities
necessary to bring TraderTools to the next level."

"Without Marty, there would be no TraderTools, period," emphasized
Heidingsfeld. "As CEO, I look forward to working closely with the Chairman to
realize our goal of becoming the world's leading provider of FX trading
business solutions, software and services."

About TraderTools

TraderTools(TM) Inc. is a provider of business solutions, software and
services to financial institutions trading FX. TraderTools' Liquidity
Management Platform(TM) is the only system to integrate the four disciplines
of electronic FX trading: pricing, dealing, order management and execution.
Our unique Dynamic Liquidity Manager(TM) monitors and controls inward and
outward liquidity flows, making pricing and execution decisions in real time.
We empower banks to maintain their leadership positions in FX with a single
deployment and a single point of contact. And we work together with them to
activate functionality according to their business strategy and timetable.
Learn why the world's financial services giants are using TraderTools,
powered by Smart Trade, to better manage their liquidity and optimize their
FX trading operations, by visiting www.tradertools.com or emailing us at
sales@tradertools.com.

TraderTools, Liquidity Management Platform, Dynamic Liquidity Manager and
the tagline "The eFXperts" are trademarks of TraderTools Inc.

Ian Tick, Director, Marketing, TraderTools, Inc., +972-9-740-8880, ian at tradertools.com