Peg Reed Joins ayondo - ayondo Announces A Strategic Hire

ayondo is pleased to announce the hiring of Ms. Peg Reed as Senior Vice President of Business Development. Ms. Reed's expertise and successful track record in creating, building and managing profitable enterprises spans over several decades. Her expertise in creating and migrating distribution streams of business for numerous organizations includes FX, CFDs, Spread Betting, Options and Binaries. Ms. Reed has been a senior leader at, amongst others, Bank of America, Standard Chartered Bank, Barclays Bank, IBFX and Gain Capital. Additionally, Ms. Reed together with a group of her peers, launched Hotspot FX in 1999, changing the FX marketplace, establishing the prime brokerage model for the ECN (Electronic Communications Network) community. Ms. Reed specialises in partnership relationships.

Her decision to join ayondo is based on the quality of technology, product depth on both the platform side with Trade Hub® and Social Trading capabilities, and the ambition and vision of the company and the management team.

"We are delighted to have Peg Reed join us at ayondo. With her extensive experience and network, she will bring ayondo's innovative and superior Social Trading experience to institutional partners," said Robert Lempka, CEO of ayondo Holding AG. "We see a rapidly rising demand in this new way of investing from the B2B and B2C side, as traders reduce the risk and experience more consistent performance."

Social Trading is an internet based and forward thinking form of investing. Investors can follow trading experts and their trading strategies at the click of a mouse on www.ayondo.com and thus copy their portfolio performance and trading signals one to one. The aim of Social Trading is to benefit investors who do not have enough time or sufficient expertise to trade themselves in the financial markets by giving those investors fully automated means and expert knowledge.