updated 11/3/2010 1:16:34 PM ET 2010-11-03T17:16:34

NEW YORK, Nov. 3, 2010 (GLOBE NEWSWIRE) -- International Assets Holding Corporation (INTL) (Nasdaq:IAAC) today announced that Pete Nessler has been named President of FCStone, LLC, a wholly owned subsidiary of INTL.

Nessler, who has more than 25 years of commodity risk management experience, will now be responsible for the management of FCStone, LLC, its global network of risk management consultants and its suite of risk management solutions. Additionally, he will be responsible for identifying and executing synergies and sales opportunities throughout the INTL FCStone family of companies.

Pete Anderson, President of INTL, said, "From the time INTL acquired FCStone and through all the subsequent acquisitions, Pete has consistently stepped up to maximize the value of each acquisition to us and to our customers. Pete's leadership is a great advantage as we continue to grow the company around the globe."

Pete Nessler added, "We have assembled a tremendous network of people and services for our customers this last 12 months. I think that the opportunities for this company are virtually limitless, and I am delighted at this opportunity to take on this expanded range of responsibilities."

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 Holding Corporation 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 Holding Corporation 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.

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