JDFX adds Morgan Stanley.

Press Release: Zurich, June 20th 2008

JDFX consists of a group of Swiss based companies that provide innovative hardware, software, and connectivity to the professional FX trading community. The JDFX group also has Fund and Fund Management holdings offshore.

"JDFX is pleased to add Morgan Stanley as a Liquidity Provider."

"JDFX is pleased to announce the addition of Morgan Stanley as a contributor to the JDFX core of liquidity providers. Morgan Stanley will make a positive contribution to the pricing and liquidity offered by JDFX," states James D. Pieron, JDFX CEO.

Morgan Stanley joins a lineup of Tier-I banks that include Deutsche Bank, Barclays Capital, Bank of America, Dredsner and UBS which feed the JDFX Core. The JDFX Core is the powerful best-price execution and routing system that feeds the suite of JDFX products and solutions.

For more information on JDFX products please contact us at +41 43 443 6900 or visit us online at www.jdfx.com