IRESS Canada and Velocity Trade team to Deliver Advanced, Real Time Foreign
Exchange Transactions

TORONTO , Dec. 16 /CNW/ - IRESS Canada and Velocity Trade today announced access to Velocity Trade's advanced, real time foreign exchange monitoring and execution services through the IRESS trading platform.

"IRESS is committed to ensuring that our customers have direct access to a broad range of dynamic, value-added services through the IRESS trading platform." said Jim Davies , IRESS Canada's CEO. "Access to Velocity Trade's foreign exchange services is an expression of that continued commitment."

"We are delighted to be able to provide IRESS customers with direct access to our real-time FX execution capabilities," said Simon Law , Director at Velocity Trade. "By providing the flexibility to control and manage foreign exchange transactions in real-time, we offer IRESS customers competitive, dynamic FX execution capabilities."

About IRESS Canada

A leading Canadian trading platform, IRESS Market Technology Canada's order execution, order management and market data services accelerate trading workflow and decision-making. A fully customizable, high performance trading platform, IRESS integrates equities and derivatives trading, automated order management, smart order routing, market data, and compliance monitoring. Join Canada's leading equity and institutional traders, portfolio managers, research analysts and compliance officers in utilizing the most dynamic, integrated trading application available today.

About Velocity Trade

Velocity Trade is a global provider of Foreign Exchange services for institutions, corporations and broker-dealers. Velocity Trade offers services that include very competitive prices in spot, short and long-dated forwards and SWAPs. Velocity Trade also offers direct dealing access through its desktop trading application that provides transparent and real time market executable prices. Launched in January 2008 , Velocity Trade has consistently transacted in excess of 5 bln. dollars a month. Fully regulated with two large global banks as shareholders, Velocity Trade supports its clients from offices in Toronto , New York and London . For more information please visit www.velocitytrade.com

For further information: IRESS Canada: Please see www.iress.ca, or contact IRESS Sales at [phone] or [email protected] for additional information; Velocity Trade: Please contact our sales team at 1-866-340-3001 or [email protected] for additional information.