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PFG promotes Brenda Cuypers to CFO; New Business Wins Drive Company Revenues, Experience Valued.


CEDAR FALLS, Iowa -- Peregrine Financial Group, Inc. (PFG PFG - Pasty Faced Geek
PFG - Patrol Frigate, Guided Missile
PFG - Perfluoroguanidine
PFG - Performance Food Group (Richmond, VA)
PFG - Pinnacle Financial Group
PFG - Planning for Growth
PFG - Plasma Flood Gun
PFG - Platinum Financial Group
PFG - Pretty Freakin' Good (polite form)
PFG - Principal Financial Group
PFG - Probable Fishing Ground
PFG - Product Feature Guide
) today announced it has named Brenda Cuypers to the role of Chief Financial Officer. Ms. Cuypers has been with the firm for 12 years - serving as Controller for the past six years - and she has been instrumental in overseeing accounting and financial planning during a time of strategic advancement for the company.

"In just two to three years, PFG has made huge strides in developing and growing some of our core businesses," said PFG Chairman and CEO Russ Wasendorf, Sr. "We have seen a huge expansion of electronic trading customers using our BEST Direct(TM) online futures trading platform. In 2005, PFG experienced a dynamic surge in new retail futures trading customer accounts. The company's managed futures
Managed Futures
In the context of hedge funds, a style of management that focuses on short-term trading in the futures market.
 trading programs are also in a tremendous phase of growth, and our forex businesses are growing at an unprecedented pace, outstripping all previous years. All of these factors have escalated our need to develop and expand our highly skilled corporate finance team," he said.

Ms. Cuypers leads the company's worldwide staff of accountants and clerks. In addition to U.S. operations, brokers and CTAs, the company extends its reach through a network of IBs around the globe. PFG Canada is a thriving and fast-developing subsidiary based in Toronto, and the PFG Asia Division is located in Chicago. Cuypers and her team are responsible for all of the accounting fulfillment of these varied businesses.

PFG is one of the largest non-clearing U.S. futures commission merchants, with brokerage and branch offices in more than 20 countries. It is an industry leader in trader education and online futures trading through its BEST Direct(TM) platform, the first to deliver customer orders to the CME's Globex
Globex
An electronic trading platform used for derivative, futures, and commodity contracts. Globex runs continuously, so it is not restricted by borders or time zones.

Notes:
Globex was introduced in 1992 by Reuters. The popularity of this platform has declined as exchanges such as the CBOT have moved towards different vehicles for matching and executing trades.
 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.
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Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 24, 2006
Words:328
Previous Article:Pacific Energy Partners, L.P. Announces Fourth Quarter and Full Year 2005 Conference Call.
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