Alpari (US) Appoints Former State Street (Currenex) VP to Lead North American Institutional Sales

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Alpari (US) (“Alpari”), a global provider of online foreign exchange (“FOREX”, “FX”) trading services, today announced the appointment of Jermaine Harmon to Head of Institutional Sales in North America.

Bringing Jermaine on board is one of the first steps we have taken to establish the presence of Alpari in the institutional Forex market. His professional sales experience and core competencies in the FX banking and hedge fund sectors will enhance our suite of institutional products.

Alpari (US) (“Alpari”), a global provider of online foreign exchange ("FOREX”, “FX”) trading services, today announced the appointment of Jermaine Harmon to Head of Institutional Sales in North America. He was formerly Vice President of Sales at State Street (Currenex).

Jermaine will be responsible for establishing and strategically managing the Alpari (US) institutional sales team. He has over 10 years FX experience consisting of electronic communications trading, strategic management of industry operations, prime broker relationships, market analysis and FX algorithmic exposure. At Currenex, Jermaine was solely responsible for generating company revenue through national and Canadian institutional sales and strategy development. He played a pivotal role in the marketing of new company products and services.

Jermaine has been appointed by Alpari (US) CEO, Daniel Skowronski, another former Currenex employee who recently joined the Alpari executive management team. Daniel says, “Bringing Jermaine on board is one of the first steps we have taken to establish the presence of Alpari in the institutional Forex market. His professional sales experience and core competencies in the FX banking and hedge fund sectors will enhance our suite of institutional products.” Equally enthusiastic about joining Alpari, Jermaine adds, “With incredible growth and expansion underway, I look forward to leading the team that takes Alpari to the next level.”

For more information about Alpari (US), please visit http://www.alpari-us.com

About Alpari (US):
Alpari (US), LLC is one of a group of Alpari companies with operations in New York, London, Shanghai, Dubai, Frankfurt and Moscow. Founded in Russia in 1998, the Alpari Group is one of the world’s fastest growing providers of online foreign exchange (“FOREX”, “FX”) trading services, with 29 offices in ten countries, including London, New York, Shanghai, Dubai, Moscow, Mumbai and Frankfurt, serving more than 150 countries. With over 400 employees worldwide, more than 330,000 customer accounts and monthly Forex trading volumes in excess of $147 billion,* the Alpari Group is one of the market leaders in Forex.

Alpari (US) was established in 2006. The company is based on Wall Street, in the financial district of New York City, where it is registered by the Commodity Futures Trading Commission (CFTC) as a Futures Commission Merchant (FCM) and is a member of the National Futures Association (NFA), Member ID: 0379678.

Please note that trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. For more information about the Forex industry and the regulatory protections offered to those who trade within it, please visit the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA) websites at http://www.cftc.gov and http://www.nfa.futures.org.

*May 2010

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Caroline Andoscia
AndosciaCommunications
212.475.2122
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Jaclyn Cole