International Assets Buys Argentine Broker Dealer

NEW YORK, April 7, 2009 (GLOBE NEWSWIRE) -- International Assets Holding
Corporation (the 'Company') (Nasdaq:IAAC) today announced the purchase of
Companyia Inversora Bursatil Sociedad de Bolsa ("CIBSA"), an Argentine leading
securities broker dealer. CIBSA has historically had a close working
relationship with INTL Gainvest, the Company's existing securitization and asset
management businesses in the region. Orlando Parisi and Miguel Canale, current
shareholders and directors, will continue to manage CIBSA.

Sean O'Connor, CEO of the Company, stated, "We are pleased to solidify and
expand our existing relationship through the acquisition of CIBSA."

Orlando Parisi, President of CIBSA, stated, "Becoming a wholly-owned subsidiary
of International Assets Holding Corporation provides us with a strong foundation
for continued growth and further expansion in Argentina and the region."

The acquisition of CIBSA is not expected to have an immediate material impact on
the Company.

About International Assets Holding Corporation (Nasdaq:IAAC)

International Assets Holding Corporation and its subsidiaries (the 'Company')
form a financial services group focused on select international securities,
foreign exchange and commodities markets. We commit our capital and expertise to
market-making and trading of international financial instruments, currencies and
commodities. The Company's activities are currently divided into five functional
areas -- international equities market-making, foreign exchange trading,
commodities trading, international debt capital markets and asset management.
Additional information regarding the Company is available on the Company's
website at www.intlassets.com.

The International Assets Holding Corporation logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=5024

Forward-Looking Statements

Certain statements in this document may constitute "forward-looking statements"
within the meaning of Section 27A of the Securities Act of 1933 and Section 21E
of the Securities Exchange Act of 1934. These forward-looking statements involve
known and unknown risks and uncertainties, many of which are beyond the
Company's control, including adverse changes in economic, political and market
conditions, losses from the Company's market-making and trading activities
arising from counterparty failures and changes in market conditions, the
possible loss of key personnel, the impact of increasing competition, the impact
of changes in government regulation, the possibility of liabilities arising from
violations of federal and state securities laws and the impact of changes in
technology in the securities and commodities brokerage industries. Although the
Company believes that its expectations with respect to the forward-looking
statements are based upon reasonable assumptions, there can be no assurances
that the actual results, performance or achievement of the Company will not
differ materially from any future results, performance or achievements expressed
or implied by such forward-looking statements. The Company undertakes no
obligation to publicly update or revise any forward-looking statements, whether
as a result of new information, future events or otherwise. Readers are
cautioned that any such forward-looking statements are not guarantees of future
performance and involve risks and uncertainties. Accordingly, readers are
cautioned not to place undue reliance on these forward-looking statements.

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CONTACT: International Assets Holding Corporation
Scott Branch, President
+1 888 345-4685 x 335
New York, NY 10017