Former optionsXpress Executive Vice Chairman Ned Bennett Joins Trading Block as an Advisor to the Board of Directors

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Trading Block Holdings, Inc., the parent company of AOS, Inc., an independent broker-dealer doing business as MoneyBlock and TradingBlock, today announced that Ned W. Bennett has been appointed as an advisor to the Company’s board of directors. Mr. Bennett was a co-founder and senior executive at optionsXpress Holdings and its retail broker-dealer subsidiaries optionsXpress, Inc. and brokersXpress, LLC.

TradingBlock

We look forward to gaining Ned's input as we extend our business strategy to grow our TradingBlock and MoneyBlock business lines.

Trading Block Holdings, Inc., the parent company of AOS, Inc., an independent broker-dealer doing business as MoneyBlock and TradingBlock, today announced that Ned W. Bennett has been appointed as an advisor to the Company’s board of directors. Mr. Bennett assumes his new role immediately.

Mr. Bennett was a co-founder and senior executive at optionsXpress Holdings and its retail broker-dealer subsidiary optionsXpress, Inc., holding several key positions including Executive Vice Chairman, Chief Executive Officer and Chief Operating Officer. Mr. Bennett was also a driving force behind the company’s independent broker-dealer, brokersXpress, LLC.

“Very few people in our industry have the breadth of experience in the online and independent broker-dealer channel as Ned Bennett,” said Steve Hoffman, CEO of Trading Block Holdings. “He provided the vision which launched optionsXpress and brokersXpress, and was an integral driver behind their tremendous success. We are grateful for his decision to join us as an advisor, and we look forward to gaining his input as we extend our business strategy to grow our MoneyBlock and TradingBlock business lines.”

Hoffman notes that Bennett’s constant drive to build ‘best of breed’ brokerage technology solutions, educational programs, and innovative marketing initiatives will be a tremendous asset in building a market leader in the online independent broker-dealer space.

“With optionsXpress, we made investing with options widely available to self-directed investors when the big brokers ignored the opportunity,” said Bennett. “In similar fashion, Trading Block champions the independent-minded investment professional with one of the most flexible platforms around for those seeking to differentiate and grow their business in the face of direct competition from the large custodians. Trading Block is also addressing investor sophistication with capabilities advisors and clients can’t get elsewhere, and doing it all through a single, multi-generational platform catering to those who invest by themselves or migrate toward the assistance of an advisor or broker – also unique among IBD players.”

For more information about TradingBlock and MoneyBlock, please visit http://www.tradingblock.com and http://www.moneyblock.com.

About Ned Bennett
Ned W. Bennett is a Co-Founder of Bravo Mic Communications, LLC and serves as its President and CEO. He serves as a Director of Bravo Mic Communications, LLC. Mr. Bennett was Co-Founder and was the Chief Executive Officer of optionsXpress Inc., a subsidiary of optionsXpress Holdings Inc. from August, 2000 to January, 2012. Mr. Bennett Co-Founded optionsXpress Holdings Inc. in February, 2000, and served as its Chief Operating Officer from February, 2000 to March, 2007 and Executive Vice Chairman from March, 2007 to January, 2012. He founded and served as the Chairman of brokersXpress, LLC, an independent broker-dealer and subsidiary of optionsXpress Holdings Inc. From July, 1997 to May, 1999, he served in various positions at Dreyfus Brokerage Services Inc. (Pacific Brokerage Services), including Chief Operating Officer. Prior to that, he served as the Chief Executive Officer and Chief Operating Officer of ED&F Man International Securities Inc. from December, 1994 to July, 1997. He served as President and Chief Executive Officer of Geldermann Securities, a ConAgra company that he developed into a major clearing firm, from November, 1987 to December, 1994.

About Trading Block Holdings, Inc.
Trading Block Holdings, Inc. is a financial services holding company and the parent company of AOS, Inc., an independent broker-dealer which does business as TradingBlock and MoneyBlock. The Company’s proprietary technology, advanced execution services and experienced executive and back office team supports full-service brokers, hybrid advisors, independent RIAs, family offices, self-directed investors and active traders with complete flexibility to invest with independence and confidence. Member FINRA, SIPC and NFA. Phone: 1-800-494-0451. Email: info(at)tradingblock.com.

Disclaimer
Options involve substantial risk and are not suitable for all investors. Please read Characteristics and Risks of Standardized Options prior to investing in options. Evaluate any strategy prior to use to understand risk and suitability.

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Tom Heffernan
TradingBlock
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