Pavel Teplukhin Appointed Chairman of FOREX CLUB's Board of Directors

Moscow (ots/PRNewswire) -

- Appointment is an important step in FOREX CLUB's ambitions for global
strategic growth

FOREX CLUB, a leading[1] online broker, has announced that Pavel
Teplukhin has been appointed Chairman of its Board of Directors. In
this position, Teplukhin will play a key role in overseeing the
firm's strategic vision and will leverage his experience in order to
strengthen its presence across institutional and retail markets in
Russia and CIS and globally.

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(Photo: http://photos.prnewswire.com/prnh/20120801/553777 )

Specifically, Teplukhin will be focused on helping to deliver
FOREX CLUB's ambitious plans for global market growth. Such plans
include expansion into new markets, evaluation of non-organic growth
opportunities (such as via acquisitions and joint ventures), and the
ongoing development and extension of the Group of Companies'
portfolio of products. FOREX CLUB will continue to invest in its
technologies and products in order to ensure its clients across the
globe (from 120 countries) receive sophisticated, institutional
levels of performance, service and delivery.

As a co-founder of Troika Dialog, the leading Russian investment
bank, Teplukhin is regarded as one of the most innovative figures in
the region's financial services industry. Under his leadership,
Troika Dialog Asset Management grew to become one of the largest
players in Russia and CIS, having pioneered the introduction of
mutual funds and private banking services. His achievement was
recognised in 2005 when he was named the Best Manager by the National
Association of Managers, placing first in the rating of Russia's
1,000 most professional of them. In 2007 he was also recognised for
his special contribution to the development of Russia's mutual fund
market by the National League of Asset Managers.

A member of the Board of Directors of Moscow's World Trade Centre
and the Investor Protection Association, Teplukhin is also the
Chairman of the Strategy & Investment Policy Committee within the
Board of Directors of RUSNANO.

Teplukhin's appointment marks the most significant in
appointments made by FOREX CLUB over the past 18 months. Previously
FOREX CLUB strengthened its management team in line with its
ambitions to become a top five leading global broker and to build on
its already successful diversified portfolio of products and
services. Other notable appointments include Rafael Carrascosa as the
CEO of the FOREX CLUB Group of Companies in January 2011, and Michael
Klena as CEO of its US business in March 2012.

Commenting on his appointment, Pavel Teplukhin said: "I am
extremely proud to be joining FOREX CLUB at such an exciting moment
in the company's history. FOREX CLUB has deservedly built a strong
reputation as a leading online retail forex broker that owes its
success to its great intellectual talent and the proven technologies
and innovation they deliver in the brokerage space. I've no doubt
that together we can deliver strong organic business growth, ensure
entry into new markets and - importantly - leverage the company's
existing investment products and services and take them to the next
level of market-leading status. It is great to be joining as Chairman
of the Board of a company that I believe is one of the best examples
of Russian business: both highly competitive in its home markets as
well as delivering great electronic trading services to the
international markets."

Vyacheslav Taran, co-founder and shareholder of FOREX CLUB, and
Rafael Carrascosa, CEO of FOREX CLUB, gave a joint statement:
"Appointing a chairman of Pavel's calibre is further evidence of our
strategic goal to grow the company within Russia and the CIS, as well
as internationally. Pavel's wealth of experience - particularly in
the investment management sector, business development and regulation
- will be invaluable in helping us deliver on our ambitious business
plans."

About Pavel Teplukhin

He launched the first Russia-specific mutual fund in the USA
(July 1996) and managed to register Troika as the first Russia-based
US SEC registered investment advisor. A recognised reformer, he is a
co-author of Pension Reform in Russia (6 Federal Laws in total since
2003). He led Troika to become a leader in independent institutional
asset management in Russia, managing assets of four out of the top
five private (non-government) pension funds.

Teplukhin was central to the launch of the asset management
industry in Russia (1996) and contributed to the leadership of Troika
to become a leading company in Russia with a consistently strong
financial performance. To date, he has been involved in the
development of legislation and regulations on mutual funds working
with the State Duma.

From 1986 to 1989 as a member of the group led by Professor Yasin
(in later years Russian Minister of Economics) Teplukhin was involved
in the preparation of the tax reform and institutional reform in the
former USSR. Pavel Teplukhin read for degrees in the Master of
Science in Economics, London School of Economics (LSE) and Ph.D.
(Economics) Moscow State University.

BOARD MEMBERSHIPS AND AFFILIATIONS 2012

- World Trade Centre Moscow

Member of the Board of Directors

- Rusnano (Russian sovereign technology fund)

Chairman of the Strategy and Investment Committee

- FOREX CLUB

Chairman of the Board of Directors

- GeoProMining (Russian Armenian mining company)

Member of the Board of Directors

About FOREX CLUB

Established in 1997, FOREX CLUB (the company) is the brand name
for a group of companies that provides clients from over 120
countries with platforms and services for trading forex, CFDs and
other online trading and educational products. We offer every client
high quality tools in training, analytics and education, as well as
personal support where they want it. FOREX CLUB has over 600
employees worldwide. In 2011, over 45,000 traders chose to learn
forex trading with us. The company was one of the industry's first to
offer zero spread trading and commission refunds on all unprofitable
trades, which it also provides on StartFX 2, the company's
proprietary platform.

We are committed to the developed standards set forth by
government regulators and one of our company's priorities is to
conduct business in strict compliance with current regulatory
requirements of the markets within which we operate. As one such
example, LLC FOREX CLUB, our Russian broker, is a founding member of
CRFIN [http://www.crfin.ru ], the Russian self-regulatory
organization. It is a legally registered entity of the Russian
Federation, incorporated on 28 October 2010 and it holds the license
of the Federal Financial Markets Service, No. 1564. For more
information on our Russian broker, please see below.

The structure of FOREX CLUB Group of Companies includes a range
of brokers and training centres, including Forex Club International
Limited, Akmos Trade, FOREX CLUB (FSFM license #004857) and the
International Academy of Investments and Trading
[http://www.traderacademy.ru ] (license #025928). For information on
our business, please click here [http://www.forexclub.biz ].

About LLC FOREX CLUB (Russian broker)

LLC FOREX CLUB is a Russian company that forms one part of the
international FOREX CLUB Group of Companies. The key goal of LLC
FOREX CLUB is to provide Russian traders - both individuals and legal
entities - with an opportunity to trade in the forex market in full
compliance with Russian law and the self-regulating industry as
established by SRO CRFIN in the Russian Federation.

The operations of LLC FOREX CLUB are organized in accordance with
the established norms of corporate governance and reporting, and are
based on the principles of information transparency, integrity, and
reliability for respective individuals and legal entities.

LLC FOREX CLUB'S relationships with its clients are based on
providing a high level of service, using advanced technologies for
efficient online trading.

The company relies on the quality of its service, mutual trust,
professionalism and transparency with its clients. Its client
activities are covered by judicial protection in accordance with
Russian law and the standards of SRO CRFIN, the Russian forex
industry's official self-regulating representative body in the
Russian Federation.

The company's mission is to ensure fully-fledged support of
optimal forms of regulation in the Russian Federation and practical
application of the recommended norms. It implies provision of forex
services based on the model of over-the-counter derivative financial
instruments, as well as the use of the experience of Akmos Trade -
the oldest forex broker in Russia that now forms part of FOREX CLUB
Group of Companies, in terms of cooperation with Saint Petersburg
Exchange and the development of the "FX+" project.

The company holds the FSFM license No. 1564, and is an official
member of SRO CRFIN.

1) FOREX CLUB was rated one of the top ten global brokers by retail forex
volume in Forex Magnates' Q4 2011 and Q1 2012 Industry Reports.

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ots Originaltext: FOREX CLUB
Im Internet recherchierbar: http://www.presseportal.de

Contact:
For additional information,please contact: Constantine Koltsov,
FOREX CLUB, +7-495-727-06-56, koltsov-ki@fxclub.org