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


FOR IMMEDIATE RELEASE

PFG announces new capabilities for online futures traders;

Extreme rate of growth heats up demand for front-end solutions

CHICAGO, August 21, 2006: To keep pace with its burgeoning online retail futures and forex businesses, PFG (Peregrine Financial Group, Inc.) today announced it has further enhanced its strategic partnerships with TradeBolt and eSignal to expand its front-end capabilities tailored to specific needs of it retail client base. In coming weeks, PFG will announce more additions to its suite of platforms for trading and receiving/distributing quotes, according to Chief Operations Officer Russ Wasendorf, Jr

BEST Direct, the company’s flagship online retail futures trading platform, was the first to link retail traders directly to the Chicago Mercantile Exchange Globex engine in 1998. Next came BEST Direct Fast, launched in early 2005. BEST Direct Fast blended TradeMaven’s reliable tick charts with PFG’s online execution and account management.

PFG’s connectivity with TradeBolt’s robust trading platforms and the e-Signal application gives PFG customers even more choices in futures data, analysis and order execution. Clients can reap the direct online trading benefits of BEST Direct and PFG’s industry-leading back office services and customer care while also tapping into products and systems offered by these firms, Mr. Wasendorf said.

“PFG customers can elect systems which will automatically place orders when buy or sell signals are triggered, and their trades will occur via the BEST Direct electronic platform. PFG will continue to provide all of the back office functionality. PFG is committed to its customers having a longer and more successful experience of the markets. Our clients choose the strategies and trading models that are best for them, while PFG concentrates on back office service excellence and leveraging proprietary information technology and connectivity,” Wasendorf added.

““TradeBolt is an absolute must in today’s ultra-competitive trading environment,” according to Doug Demming, President. TradeBolt automatically executes signals from trading systems for hands-free trading™. TradeBolt is compatible with most popular platforms such as TradeStation®, eSignal®, Wealthlab®, and Metastock®.

eSignal is a leading real-time quote service that delivers continuously updating, time-sensitive financial data including market quotes for stocks, options and futures, charts, news, research, alerts, back testing, a formula engine for developing chart studies and integrated trading. It offers a full line of add-on products, including popular technical analysis studies, as well as real-time market scanners to pinpoint winning trades.

PFG is one of the largest non-clearing U.S. futures commission merchants, with brokerage and branch offices in more than 20 countries. PFG is an industry leader in trader education and online futures trading through its BEST Direct™ platform, the first to deliver customer orders to the CME’s Globex engine in 1998. It offers a diverse range of trading and investment products and services. The company is a leader in managed funds and other alternative investments, full-service futures brokerage, and forex products and services. Please visit www.pfgbest.com.