FX Solutions Named to "Inc. 500" for Third Year in a Row as One of America's Fastest Growing Private Companies.SADDLE RIVER, N.J. -- FX Solutions, an IT-driven online foreign exchange broker auto-executing almost 99 percent of customer trades*, today announced that it has been named to Inc. magazine's 26th Annual "Inc. 500" ranking of the fastest-growing private companies in the country through the end of 2006. This is the third year in a row FX Solutions has been in the "Inc. 500," a remarkable accomplishment achieved by approximately two percent of the companies in this year's list. FX Solutions (www.fxsol.com) has a three-year sales growth rate of 612 percent and 2006 revenues of $53.2 million. Reflecting its leadership among online foreign exchange brokers, FX Solutions is the only major forex broker to make the list this year (http://www.inc.com/inc5000/2007/company-profile.html?id=200704850). "FX Solutions' growth is a direct result of our commitment to leveraging technology to level the playing field for customers who rely on us for fast access to a liquid market, regardless of the size or frequency of their trades," said Robert Cortright, managing partner of FX Solutions. "We are proud to be part to be part of the 'Inc. 500' list once again." In naming FX Solutions to the "Inc. 500," editors noted that FX Solutions can handle accounts large and small "because it took (the) time to develop a technology platform that handles large trading volumes." To qualify for the "Inc. 500" requires companies to be U.S.-based, privately held, independent and generating revenue by the first week of 2003 (www.inc.com/inc5000). "If you want to find out which companies are going to change the world, look at the Inc. 500," said Inc. Editor Jane Berentson. Critical to FX Solutions' growth are innovative technology initiatives such as its forex execution platform - used by both retail clients and institutional clients - and FX AccuCharts, an exclusive charting system launched in 2006. FX AccuCharts, with over 150 technical indicators, is one of the most flexible and comprehensive charting tools available to traders. In April 2007, FX Solutions received an investment in excess of $100 million from Francisco Partners in California. About FX Solutions FX Solutions, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control is one of the leading online foreign exchange (forex) brokers, operating as a market-maker to retail and institutional clients. Leveraging its proprietary interbank market Interbank market Financial institutions exchange of currencies between and among themselves. price feed, advanced Global Trading System (GTS GTS abbr. gas turbine ship ) and dedicated customer service, FX Solutions has set new standards for execution speed and price transparency Price Transparency The accessibility of information on the order flow for a particular stock, allowing knowledge of the quantities of stock being offered and the bids at the various price levels. Also referred to as "market depth. . Headquartered in Saddle River, New Jersey
Saddle River is a Borough in Bergen County, New Jersey, United States. As of the United States 2000 Census, the borough population was 3,201. , FX Solutions is registered with the Commodity Futures Trading Commission The Commodity Futures Trading Commission (CFTC), the federal regulatory agency for futures trading, was established by the Commodity Futures Trading Commission Act of 1974 (88 Stat. 1389; 7 U.S.C.A. 4a), approved October 23, 1974. as a Futures Commission Merchant Futures commission merchant (FCM) A firm or person engaged in soliciting or accepting and handling orders for the purchase or sale of futures contracts, subject to the rules of a futures exchange and, who, in connection with such solicitation or acceptance of orders, accepts any and is a member of the National Futures Association National Futures Association (NFA) The futures industry self-regulatory organization established in 1982. (NFA NFA - Finite State Machine ). As a member, FX Solutions is accountable to the stringent standards of capital adequacy and financial reporting enforced by the NFA. * 98.56% for the time period January 1, 2007 through May 31, 2007. |
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