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Contact:
Patricia Campbell
Peregrine Financial Group, Inc. (PFGBEST)
(312) 775-3411


FOR IMMEDIATE RELEASE

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PFGBEST Launches Global Services Division;
Scott Slutsky Is Named Managing Director

Supplying products and services to answer India, Russia, Middle East, South America and China demand for futures and forex, trader education and market advancement

CHICAGO, Oct. 29, 2009 – PFGBEST® today announced it has appointed Scott Slutsky as Managing Director of its newly–created Global Services Division. Slutsky, who came on board with the PFGBEST acquisition of the customer assets of Alaron earlier this year, is a former Board Director of the Chicago Mercantile Exchange (CME) and he is a current director of the CME/CBOT/NYMEX PAC Committee.

Mr. Slutsky has considerable background in promoting business development and international relations throughout India, Russia, China, South America and the Middle East. He will lead PFGBEST efforts to supply these global investors – both institutional and retail – with educational programs on markets and trading in addition to promoting PFGBEST electronic platforms, products and services. Slutsky is the author of three books: Masterís of the Futures; The Complete Guide to Electronic Futures Trading; and The Promises and Pitfalls of FX. His career in the industry spans nearly three decades and began in the currency pits at U.S. exchanges where he filled institutional and retail orders for the most active and sophisticated institutional forex participants.

"PFGBEST has experienced its fastest growth in its history in the past several years largely due to the advancement of foreign investor understanding and need for risk management capabilities through the use of commodity and financial futures, futures options, and foreign exchange," said PFGBEST President and Chief Operating Officer Russell R. Wasendorf, Jr. "We look forward to Scott Slutsky expanding his very extensive network of clients as he travels the globe to represent PFGBEST, continuing to teach individuals and institutional investors how they can integrate futures, options and forex into their overall portfolio management and risk management strategies."

About PFGBEST:

PFGBEST is among the largest non–clearing U.S. Futures Commission Merchants, with customers, affiliates and brokerage offices in more than 80 countries. It was incorporated as an FCM in 1990 under the name PFG, Inc. It offers a range of trading and investor products and services for retail investors as well as for commercial and institutional clients. The company is a leader in sustainable investing through diversified products including managed funds, futures, forex, options, full–service and discount brokerage, precious metals, trader education, market research, and direct online trading through its BESTDirect™ platform, and numerous other platforms and applications. Please visit www.pfgbest.com.