TwoFour, www.TwoFour.com, is pleased to announce that FCStone, www.fcstone.com has licensed TwoFour for its Foreign Exchange business in North America. FCStone will use TwoFour to manage its expanding foreign exchange and exchange traded futures business. TwoFour will provide FCStone with real-time trade processing, position keeping and risk management. TwoFour’s cost-effective configured solution will facilitate FCStone’s management of their futures and FX business. They expect to be in production with TwoFour later this summer.

FCStone offers its customers instant entry to foreign markets with efficient and anonymous 24-hour access to all major and many exotic currencies. Its FX and futures business has grown significantly this year, and additional volume growth is anticipated. TwoFour provides robust functionality, rapid implementation and ease of use which will help FCStone manage this growth. TwoFour’s multi-currency, cross-asset, end-to-end trading solution will help manage FCStone’s FX and FX derivatives business and provide 24 x 7 real-time position keeping.

Chris Davis, TwoFour’s global head of sales and marketing, stated, “We understand FCStone’s business and look forward to a long partnership with them that will benefit both of our companies. Providing exceptional service to our clients is a priority at TwoFour. A number of individuals now at FCStone had first-hand knowledge of the advantages that TwoFour delivers – as a product and as a company. Adding FCStone to our client base is a great testimony to the excellent service TwoFour offers our clients. We are delighted to include FCStone in the expanding TwoFour community.”

About TwoFour
TwoFour is a comprehensive global trading solution for front, middle and back office processing across an extensive set of financial asset classes. TwoFour is designed for real-time, high volume, workflow-based, straight through processing of transactions and is available 24-hours a day, seven days a week. It is designed to easily integrate with an organization’s existing set of software systems and data tools, and is built using the latest, state-of-the-art technologies, including C# and Microsoft’s .NET framework. Asset classes currently supported include: FX, futures, options (exchange traded and OTC), metals, fixed income, interest rate swaps, internal arbitrage, and cash management.