FX Alliance Files for $100M IPO

Technology Crossover Ventures-backed FX Alliance has filed for an IPO of up to $100 million. BofA Merrill Lynch, Goldman Sachs, Citigroup and J.P. Morgan are serving as joint book-running managers. FX Alliance provides electronic foreign exchange trading solutions and plans to use its net proceeds from the offering for working capital and other general corporate purposes, including potential acquisitions.