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US financial advisory services company expands operations in Australia

26 October 2009

The New York-based global financial advisory services company, International Assets Holding Corporation, has expanded operations in Australia with the opening of a new headquarters in Sydney.

International Assets Holding Corporation (Nasdaq:IAAC), a wholly-owned subsidiary of the FCStone Group Inc., provides financial execution and advisory services in commodities, currencies and international securities.

In January this year, the company acquired the Australian agricultural commodities risk management firm, Elders Risk Management.

The new International Assets Holding Corporation office in Sydney will be headed by Ed Jernigan, formerly CEO of the FCStone Group’s Globecot operations.

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