Lava Trading Inc has announced a major initiative to introduce
electronic foreign exchange trading on the Lava platform. The new
product suite, LavaFXTM, will be built upon Lavas leading,
proprietary technology core, to provide a premier offering in
global currency trading. This venture is an extension of Lavas
mission to enhance the securities trading process through
technology leadership. Lava will leverage its equity business model
as it forays into the foreign exchange arena in an effort to
further transform the industry into a more electronic marketplace.

Richard Korhammer
We are bringing our leadership in equities trading to the
foreign exchange market, said Richard Korhammer, Chairman and CEO,
Lava Trading Inc. Marrying the worlds largest financial marketplace
with Lavas fast, intelligent and reliable trading solutions will
mean a new class of service in foreign exchange trading.