FNX Solutions Releases Next Generation Electronic Connectivity Solution for FX and Fixed Income Trading

Philadelphia, September 21, 2005- FNX SOLUTIONS (FNX), a leading provider of next generation technology solutions for treasury and capital markets, announced today the further expansion of its SierraLink™ interface capabilities in order to provide its customers with a transparent, automated and integrated FX and Fixed Income trading and processing environment.

The flexibility of SierraLink™, FNX’s sophisticated, fault-tolerant, middleware platform, now extends connectivity to the leading third party systems; BrokerTec, eSpeed and CME/CBOT. Traders and risk managers are able to make quicker and more profitable trading decisions because they are able to see the risk, position and P/L impact of all their trades in one place. Furthermore, these interfaces continue to increase operational efficiencies by allowing trades to be automatically loaded into the database vs. manual entry in real-time.

“Connectivity is a core competency at FNX,” said Kevin Horio, FNX’s Sierra System’s CTO. “Fully integrated STP capabilities enable our clients to reduce risk, lower operating costs and most importantly, allows them to make better, more profitable trading decisions. SierraLink™ is a single interface architecture that provides a total connectivity solution.”

BrokerTec, eSpeed and CME/CBOT now join a host of leading third party solutions that seamlessly integrate with FNX’s Sierra and Aspen Hedge Solutions. They include Cognotec, Currenex, EBS, Reuters, Bloomberg, FT, TOCOM, SWIFT, Hotspot, FXAll and more..

About FNX

FNX Limited provides global financial institutions with complete technology SOLUTIONS for the management and processing of capital market transactions. Established in 1992, the goal has never changed, to give clients a competitive edge utilizing industry-leading technology to maximize productivity and to reduce operational risk.

With a commitment to the highest level of customer satisfaction, FNX builds flexibility and adaptability into its growing mix of software and customized service offerings to meet the ever-changing needs of the financial marketplace. Through its suite of software SOLUTIONS, FNX supports order management, trading, risk management, margin and collateral trading, settlement and accounting for FX Cash, FX Options, Money Markets, Fixed Income, Interest Rate Derivatives, Commodities, and Exchange Traded products. Furthermore, SierraLink, FNX’s standard solution for interfacing with third party systems, provides seamless integration and electronic transfer of information with real-time connectivity, flexibility and high performance

Headquartered in Philadelphia, Pennsylvania, FNX has offices in New York, London, Tokyo, Singapore, Taipei, Belgrade and Bangkok.

Additional information about FNX Limited is available at http://www.fnx.com/.