July 7, 2010 (FinancialWire) — FCStone, LLC, a part of International Assets Holding Corp. (NASDAQ: IAAC), said it has established a 24-hour institutional order execution desk that will serve customers in all time zones across the globe.

The new trading desk, which will be located in Chicago, has been designed to serve institutional customers, including CTAs (commodity trading advisors), and clearing and hedging customers of FCStone. The new desk also will serve INTL's and FCStone's internal network of brokers and traders.

The order execution desk has been designed specifically for the needs of customers with complex or contingent orders, and will be managed by a newly established institutional execution team.

The team will be led by Bob Stephens, who has more than 25 years of experience in handling complex and contingent orders. He will work closely with Jon English, who has 24 years of industry experience, with three other newly recruited institutional traders, and with FCStone's existing team of institutional traders. The new desk will incorporate FCStone's existing 24-hour trading desk to provide a single center for institutional order execution.

International Assets Holding 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.

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