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Press Release -- October 27th, 2010
Source: Tinet
Tags: Ethernet, Exchange, IPv6

TINET IP TRANSIT SERVICES TO FURTHER ENHANCE FXCM HOLDINGS’ GLOBAL ONLINE TRADING CAPABILITIES

MILAN, ITALY – October 27, 2010Tinet, a global carrier exclusively committed to the IP and Ethernet wholesale markets, announced today that its global IP Transit services have been selected by FXCM Holdings LLC FXCM is a global online Forex and CFD broker that caters to both retail and institutional markets. Tinet’s IP Transit services, including its dual stack IPv6 support and network-based dDoS protection, will provide FXCM the additional reliability and coverage it needs to serve over 165,000 tradable accounts on platforms offered by FXCM.

“We chose Tinet for its market-leading IP Transit solution, and we could not be more pleased,” states Erik Cuevas, VP of Infrastructure Engineering at FXCM Holdings LLC. “As an online currency trading company, we require top notch, high performance IP Transit, and Tinet more than delivers. We are especially keen on Tinet for the company’s notable global coverage area, specifically throughout Europe, as well as for the number of customer IP prefixes Tinet serves, and for the fact that Tinet runs IPv6 natively.”

“Here at Tinet, we pride ourselves on delivering quality and efficiency to customers like FXCM Holdings LLC, thanks to our exclusive focus on IP and Ethernet connectivity,” said Paolo Gambini, Chief Marketing Officer of Tinet. “FXCM needed an IP Transit service provider to meet its network needs. We were ultimately chosen because of the value our IP services deliver and our ability to quickly provision circuits.”

For more information about FXCM Holdings LLC, visit www.fxcm.com or www.fxcm.it.

For more information about Tinet S.p.A., please email sales@tinet.net or visit www.tinet.net.

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About FXCM Holdings LLC

FXCM Holdings LLC is a global online forex and CFD broker* that caters to both retail and institutional markets. Founded in 1999, FXCM is regulated by several of the world’s most respected financial authorities.

At the heart of FXCM's client offering is No Dealing Desk forex trading. Clients have market access to a multitude of global banks, financial institutions and other forex liquidity providers which enables FXCM to offer clients spreads as low as 1 pip on major crosses. Clients also have the benefits of mobile trading, one-click order execution and trading from real-time charts. FXCM’s UK subidiary, Forex Capital Markets Limited, offers  CFD products* with no re-quote trading and allows traders to trade oil, gold, silver, and stock indices, along with forex on one platform. In addition to currency and CFD trading, FXCM offers educational courses on forex trading, and provides free news and research through DailyFX.com.

* Please be advised that CFD accounts are not available to residents of the U.S. or its territories.

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Read full risk disclaimer.

For FXCM media inquiries, please contact Jaclyn Sales at +1.646.432.2463 or jsales@fxcm.com.

About Tinet:

Tinet, a Neutral Tandem company (TNDM), is a global carrier exclusively committed to the IP and Ethernet wholesale market. With network presence and customers in EMEA, Americas and APAC, Tinet provides global IP Transit and Ethernet connectivity to Carriers, Service and Content Providers worldwide, within 7 working days. The carrier guarantees customers proactive management of SLAs and protection from dDoS attacks. Established in 2002, Tinet’s unique business model, based on focus and simplicity, assures the delivery of the highest standard of service. Tinet has grown to become one of the top 10 global IPv4 backbones and the number one IPv6 network worldwide.

For more information on Tinet, please visit www.tinet.net.

For Tinet media inquiries, please contact Jaymie Scotto & Associates at +1.866.695.3629 or pr@tinet.net.

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