Bloomberg Tradebook(R) Launches Electronic FX Marketplace

Bloomberg Tradebook(R) Launches Electronic FX Marketplace

March 19, 2007

    NEW YORK and LONDON, March 19 /Xinhua-PRNewswire/ --
Bloomberg Tradebook Services LLC ("Bloomberg
Tradebook") today announced the launch of the
electronic BLOOMBERG TRADEBOOK(R) FX marketplace, to be
known as "BLOOMBERG TRADEBOOK FX," which ushers
in a new era for global FX market participants.  

    BLOOMBERG TRADEBOOK FX creates a unique electronic
marketplace providing institutional traders with the
ability to transact in foreign currency exchange while
preserving their anonymity from other FX market
participants and to use sophisticated trading algorithms to
implement trading strategies efficiently.  BLOOMBERG
TRADEBOOK FX is integrated with the BLOOMBERG
PROFESSIONAL(R) service, providing users with supporting
news, data and research analytics.  Global access to the
BLOOMBERG PROFESSIONAL(R) service will be provided by
Bloomberg L.P. through its market-leading desktop
community. 

    AIG International Inc. ("AIGI"), which is an
affiliate of AIG Financial Products Corp.
("AIG-FP") and a member company of American
International Group, Inc., will provide liquidity to
traders through the platform and credit through existing
contractual and banking relationships. 

    "On BLOOMBERG TRADEBOOK FX, active traders can
trade with AIGI or its affiliates and remain anonymous in
the FX marketplace.  In addition, users can choose to sweep
the market available on BLOOMBERG TRADEBOOK FX, or use
different trading strategies such as Reserve to seek
reduced information leakage and market impact on their
orders," said Kim Bang, President of Bloomberg
Tradebook.  "Bloomberg Tradebook's FX marketplace
offers price discovery and real-time executable market
depth rather than indicative prices and size on proprietary
FX portals."

    Joseph Buthorn, Managing Director of AIG-FP said,
"We are extremely excited to be working with Bloomberg
Tradebook to bring this new innovative FX marketplace to
institutional traders. We believe the product will provide
a new level of service and liquidity to its users and will
enable a wide range or users globally to have access to a
high quality FX product through the BLOOMBERG PROFESSIONAL
service."

    The platform currently provides a marketplace in 16
major currency pairs.  Advanced analytics, additional
trading algorithms and FX Forwards will launch during the
second quarter of this year.

    "With the addition of FX and seamless integration
with world class news, data, and research analytics on the
BLOOMBERG PROFESSIONAL service, Bloomberg Tradebook and its
affiliates provide a true multi-asset class liquidity hub
for institutional investors seeking better executions in
global equities, futures, options and foreign
exchange," said Kim Bang.

    About Bloomberg

    Bloomberg L.P. is the leading global provider of data,
news and analytics. The BLOOMBERG PROFESSIONAL(R) service
and Bloomberg's media services provide real-time and
archived financial and market data, pricing, trading, news
and communications tools in a single, integrated package to
corporations, news organizations, and financial and legal
professionals around the world.  Bloomberg's media services
include the global BLOOMBERG NEWS(R) service with more than
2,000 professionals in 130 bureaus worldwide; the BLOOMBERG
TELEVISION(R) 24-hour business and financial network
produced and distributed worldwide on ten separate channels
in seven languages; and BLOOMBERG RADIO(R) services which
provide up-to-the-minute news on XM, Sirius and WorldSpace
satellite radio around the world and on WBBR 1130AM in New
York.  In addition, Bloomberg publishes BLOOMBERG
MARKETS(R) magazine and BLOOMBERG PRESS(R) books for
investment professionals.  For more information please
visit http://www.bloomberg.com .

    About Bloomberg Tradebook

    Bloomberg Tradebook Services LLC, the operator of
BLOOMBERG TRADEBOOK FX, is a wholly-owned subsidiary of
Bloomberg L.P.  Globally, BLOOMBERG TRADEBOOK FX is offered
by Bloomberg Tradebook Services LLC and affiliates where
necessary legal and regulatory clearances have been
obtained.  

    Bloomberg Tradebook LLC, an affiliate of Bloomberg
Tradebook, offers global electronic agency brokerage that
enables investment professionals to trade equities, futures
and options via the BLOOMBERG PROFESSIONAL service. 
Bloomberg Tradebook LLC serves institutional investors and
traders globally with comprehensive front-to-back
execution, clearance and settlement solutions across
multiple asset classes in over 60 markets worldwide.  

    Bloomberg Tradebook Services LLC is not registered with
the U.S. Commodity Futures Trading Commission
("CFTC") or the U.S. Securities and Exchange
Commission ("SEC") and is not a member of the
U.S. National Futures Association ("NFA") or the
National Association of Securities Dealers, Inc.
("NASD").  Bloomberg Tradebook LLC, an entity
registered with the CFTC and the SEC and a member of the
NFA and the NASD, is not involved in the offering or
operating of Bloomberg Tradebook FX.

    BLOOMBERG TRADEBOOK and Bloomberg Tradebook FX are
registered trademarks of Bloomberg Tradebook Services LLC
and its affiliates.


    For more information, please contact:

     Judith Czelusniak
     Bloomberg LP
     Tel: [phone]
     EMail: [e-mail]