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TMA The Market Age

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Share Name Share Symbol Market Type Share ISIN Share Description
The Market Age LSE:TMA London Ordinary Share GB0009256867 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Further re Contract

01/03/2004 8:00am

UK Regulatory


RNS Number:9439V
Market Age PLC
01 March 2004


Pronet Analytics.com announces execution of contract, launch of service and
first client with Forex Capital Markets LLC


Pronet Analytics.com Limited ("PAL"), an operating subsidiary of The Market Age
plc, is pleased to announce the launch today of, and first client for, its
collaboration with Forex Capital Markets LLC.

With monthly  FX trading volumes exceeding $25bn, FXCM is one of the world's
leading firms in servicing the retail FX market.  Under the agreement, PAL will
provide either its top-rated research service directly to clients, or will
provide trading instructions to FXCM to be applied to FXCM's customer accounts.

PAL will be remunerated by way of a transaction fee, andPAL will provide access
to FXCM via its website.  Clients are able to completely set off Pronet's
subscription fees, which are paid by FXCM out of the standard dealing spread
paid by their client.  Commenting on the agreement, Group CEO Shane Smith said "
When we announced this agreement in January, demand was clearly unproven.
However during the interval to receive executed contracts and launch the
service, we have been encouraged by spontaneous expressions of interest from
potential clients.If FXCM's clients do in fact take to the idea, given the
monthly value of transactions that FXCM process it is clear that even a small
charge per transaction can yield substantial returns.  We are pleased to be
working with FXCM on this venture, and delighted to bring this benefit to both
current and prospective clients".

FXCM Chief Marketing Officer, Marc Prosser:  "The relationship between FXCM and
PAL enables traders to take advantage of PAL research  without having to
personally executetrades. Unless you were a full-time trader, a trader would
not be able to fully take advantage of the vast majority of PAL's information
flow and trading opportunities. Because of this unique arrangement, traders can
now have FXCM automatically handle the execution of PAL signals.  We are pleased
to be able to offer this highly regarded source of trading intelligence to our
clients."

FXCM is the third key deal announced by the Company in the first quarter of
2004, following a distribution contract with Bloomberg and agreement with a
global FX bank concluded in February.


For further information please contact:

Shane Smith             s.smith@pronetanalytics.com              07785 276 703
Francois Nembrini       fnembrini@fxcm.com +1(646) 432 2224

                                     -ends-


Notes to editors:

The Market Age was admitted to the Alternative Investment Market in 2000.
Pronet Analytics.com  (PAL) is a financial application service provider ("ASP")
which delivers proprietary independent research in real time with visual and
intuitive analysis of global markets for the professional/institutional market.
The Pronet Service provides a simple framework to compare and evaluate spot FX
aswell as interest rate and other exchange-traded derivatives. Since gaining
FSA-regulated status and SEC Registration in April 2001, PAL has extended its
service offering to Investment Advice, analysis and strategies to the hedge
fund, corporate and retail markets, in addition to its core professional/
institutional market.  The firm has been ranked in the global top-five
independent firms for FX research in 2001, 2002 and 2003.  In December 2003 The
Market Age announced a change of name to Independent Investment Research plc, in
preparation for coverage of a wider market including US equities



                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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