IAAC International Assets Holding Corp. (MM)

FCStone, LLC (FCStone), a part of International Assets Holding Corporation (INTL) (Nasdaq:IAAC), today announced that it has appointed Richard Hall-Reppen as Executive Vice President and head of sales for its Clearing and Execution Services division.

In his new role, Hall-Reppen will be responsible for marketing FCStone's global clearing and execution services in futures and FX Prime Brokerage to professional asset managers and traders, including Commodity Trading Advisers (CTAs), hedge funds and other institutional investors.

He also will be responsible for FCStone's Futures Direct, which provides clearing and execution services in futures, options on futures and Forex markets to professional traders, money managers and Introducing Brokers (IBs).

Hall-Reppen, 52, joins FCStone from RBC Capital Markets, where he was co-leader of the Futures and Base Metals Group. Prior to RBC, he held senior management positions over a 25-year period at First Chicago Futures and Banc One Capital Markets.  

"Rich joins us at a time of tremendous growth for our organization," commented Pete Anderson, President of International Assets Holding Corporation. "We recently established a new and expanded 24-hour institutional trading desk, and are in the process of enhancing our client-service capabilities in our offices in Chicago, New York, London, Singapore, Sydney and Dubai. Rich has the industry experience and expertise to build on these new initiatives with our global client base and help us achieve even greater growth in the years ahead as we continue to explore new geographic regions and areas of opportunity.

"I'm joining this company at a very exciting time in its history," Hall-Reppen said. "In the year following INTL's merger with FCStone Group, the combined company has demonstrated its ability to operate more effectively than ever before on a global stage. We offer a superior level of service and flexible solutions in a marketplace that we believe is underserved by our competitors, and I believe that the opportunities for continued growth are very substantial."

About International Assets Holding Corporation

International Assets Holding Corporation (INTL) provides execution and advisory services in commodities, currencies and international securities. INTL's businesses, which include the commodities advisory and transaction execution firm FCStone Group, serve more than 10,000 commercial customers in more than 100 countries through a network of offices in eleven countries around the world. Further information on INTL is available at www.intlassets.com. 

Forward Looking Statements

This press release includes forward-looking statements including statements regarding the combined company. All statements other than statements of current or historical fact contained in this press release are forward-looking statements. The words "believe," "expect," "anticipate," "should," "plan," "will," "may," "could," "intend," "estimate," "predict," "potential," "continue" or the negative of these terms and similar expressions, as they relate to International Assets Holding Corporation, are intended to identify forward-looking statements.

These forward-looking statements are based largely on current expectations and projections about future events and financial trends that may affect the financial condition, results of operations, business strategy and financial needs of the combined company. They can be affected by inaccurate assumptions, including the risks, uncertainties and assumptions described in the filings made by International Assets with the Securities and Exchange Commission. In light of these risks, uncertainties and assumptions, the forward-looking statements in this press release may not occur and actual results could differ materially from those anticipated or implied in the forward-looking statements. When you consider these forward-looking statements, you should keep in mind these risk factors and other cautionary statements in this press release.

These forward-looking statements speak only as of the date of this press release. International Assets undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Accordingly, readers are cautioned not to place undue reliance on these forward-looking statements.

CONTACT:  FCStone, LLC
          Michael Antman
          1-847-636-2715
          michael.antman@fcstone.com