Agora-X Offers Clearing Through CME ClearPort for OTC Grain Swaps Negotiated On Electronic...

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Mon Mar 30, 2009 9:44am EDT

Agora-X Offers Clearing Through CME ClearPort for OTC Grain Swaps Negotiated On
Electronic Platform

KANSAS CITY, Mo., March 30, 2009 (GLOBE NEWSWIRE) -- Agora-X, LLC today
announced it will offer clearing through CME ClearPort(r) of over the counter
(OTC) grain swaps negotiated on the Agora-X electronic communications network
(ECN). CME Group announced March 19 that the Commodity Futures Trading
Commission (CFTC) has granted an exemption to the Chicago Mercantile Exchange,
Inc. (CME) and the Board of Trade of the City of Chicago, Inc. (CBOT) to clear
certain OTC corn basis swaps and calendar swaps for corn, wheat and soybeans.
Agora-X plans to roll out its clearing functionality in conjunction with the
April 6 launch date through CME ClearPort of the CBOT OTC grain swaps.

The Agora-X ECN, launched in December, enables institutional market participants
to efficiently negotiate OTC transactions in commodity and derivative contracts,
including bilateral negotiation of OTC grain swaps and swaptions. The platform
now will have the capability of sending certain of these transactions through
CME ClearPort, a set of flexible clearing services open to market participants
that eliminates third-party credit risk and provides capital efficiencies across
a wide range of asset classes.

"As Agora-X moves forward, our efficiency and convenience will make a dramatic
difference for OTC commodity trading. Until now, OTC trading has been quite
antiquated. Traders are bombarded with instant messages, phone calls or e-mails,
making it cumbersome to maintain a real-time sense of the market. Agora-X
provides a smooth, seamless, efficient marketplace, and in conjunction with CME
ClearPort, electronic centralized clearing capability. The Agora-X platform
provides complete trade audit trail, which allows OTC commodity markets to be
transparent. When markets are transparent, they will become more efficient,
liquid and open," said Brent M. Weisenborn, Chief Executive Officer.

As previously announced, Agora-X also has launched a new exempt commercial
market (ECM) for OTC trading in energy, metals and other commodity contracts,
with clearing of certain contracts provided through CME ClearPort.

About Agora-X

Agora-X, LLC has developed an electronic communications network for OTC
contracts in collaboration with major institutional participants in the
commodities market. Based in Kansas City, Agora-X has worked with NASDAQ OMX
Group, Inc. (Nasdaq:NDAQ) to create a best-in-class comprehensive OTC
marketplace. In 2008, NASDAQ OMX became a developmental investor in Agora-X. For
more information please visit www.agora-x.com.

Cautionary Note Regarding Forward-Looking Statements

The matters described herein contain forward-looking statements that are made
under the Safe Harbor provisions of the Private Securities Litigation Reform Act
of 1995. These statements include, but are not limited to, statements about
current and future products and offerings of FCStone, NASDAQ OMX and Agora-X. We
caution that these statements are not guarantees of future performance or
product developments. Actual results may differ materially from those expressed
or implied in the forward-looking statements. Forward-looking statements involve
a number of risks, uncertainties or other factors beyond the control of FCStone,
NASDAQ OMX or Agora-X. These factors include, but are not limited to, factors
detailed in the annual reports on Form 10-K, and periodic reports filed with the
U.S. Securities and Exchange Commission by FCStone and NASDAQ OMX. We undertake
no obligation to release any revisions to any forward-looking statements.

 If interested in being a participant, contact:
 Chris Halford, Agora-X                             816-412-3002
 Kevin O'Brien, Agora-X                             212-471-3666
-0-
CONTACT:  Agora-X, LLC
          Media:
          Richard M. Johnson
          913-649-8885
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