Vincy Options Appoints New Chief Financial Officer

Vincy Options S.A. today announced the appointment of Fabien Waite as chief financial officer. End Quote

(1888PressRelease) October 28, 2010 - Vincy Options (http://vincyoptions.com), the largest commodity trader in Switzerland, who operates in 12 countries on more than 70 exchanges, today announced the appointment of Fabien Waite as chief financial officer.

Mr. Waite brings to Vincy Options S.A. 23 years of financial, accounting and capital markets experience in and around the futures industry. Fabien Waite started his career in 1987 with Wagner and Baba Financial as Audit Manager. In 1993, he joined Royal Trading Inc., one of the world's largest futures trading and clearing firms, with over 200,000 customers and $4 billion in customer assets. He held there a number of financial positions, such as Director Corporate Accounting & Control and CFO Asia Pacific, based in Hong Kong. He left Royal Trading Inc. after it had been acquired by Bainbridge Swiss Capital end 2008.

"With revenues increasing 65% annually over the past three years and a rapidly expanding operation, Vincy Options now requires a CFO with proven leadership skills and a broad range of financial management experience at established, growth-oriented companies," said President of Vincy Options, Albert Vincy. "With the addition of Fabien, we are now well-positioned to successfully scale our business into the future."

At Vincy Options, Mr. Waite is responsible for the firm's financial operations, including accounting, treasury and cash management, and reporting. As a member of the executive management team, Mr. Waite will also focus on strategic corporate development and expansion initiatives.

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