September 26, 2005 13:57 ET

PFG Boosts Its Presence In Canada: Experienced broker group to drive growth in Toronto branch office

TORONTO--(CCNMatthews - Sep 26, 2005) -

Peregrine Financial Group, Inc. (PFG) today announced that it is expanding its footprint in the Canadian marketplace. The company has hired an experienced broker group, headed by Arvid Veland and Karl Kriese, formerly of Union Securities LTD. For six years, PFG has operated a local office in Toronto. The added bench strength of this team contributes to the success of a superior branch office model, according to PFG Chief Operating Officer Russ Wasendorf, Jr. "PFG's expertise in meeting customer demand for portfolio diversification through a variety of commodity and financial futures products available online and through broker-assisted trading is at the heart of our growth in Canada," he said. Jim Klotz has been designated as the President and Chief Compliance Officer of PFG Canada. He has been with PFG since 2001 and has more than 25 years of industry service.

"Arvid and Karl have shown a career-long dedication to helping their customers understand strategies and systems available to knowledgeable investors keen to tap into asset classes that PFG specializes in," said Wasendorf. These include foreign exchange markets (spot currencies, currency pairs and futures) along with energy, metals, and other commodities - all of which can be traded efficiently through BEST Direct™ -- PFG's electronic platform linking directly to exchange trading engines worldwide.

PFG, known for its industry-leading attention to investor education, has unique programs in place to help its profile client base of retail investors. It sponsors several live trading events. One of these is the CTA Challenge, which for nearly three years has helped identify new, or "emerging", CTAs who can provide consistent, strong, risk-adjusted returns, diversification from traditional stock and bond investments, and alternative investment capabilities previously available only to institutional-sized accounts.

PFG is one of the world's largest futures commission merchants. It offers a diverse range of trading and investor products and services. The company is a leader in direct, online futures trading through its BEST Direct platform; full-service brokerage; trader education; alternative investment products including managed futures funds, and market research. Please visit to learn more.

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