SAN FRANCISCO, Aug. 19 /PRNewswire-FirstCall/ -- Merriman Curhan Ford (Nasdaq: MERRD) today announced the hiring of Joe Minton, as managing director and head of derivatives, to launch an agency options trading desk for institutional investors.
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Merriman's new agency options platform complements its equity trading desks in San Francisco and New York to help institutional investors incorporate options into their funds and portfolios. Options trading can help institutions manage risk and volatility, especially when trading small-cap equities.
"I'm pleased to welcome Joe to the firm. He has quickly established a quality options trading platform which enhances our equity trading experience for institutional investors," said Jon Merriman, chief executive officer of Merriman Holdings, Inc. "Joe is a highly experienced derivatives expert for portfolio managers who need to design strategies tailored to protecting their small-cap equity trading positions. Our options trading desk is already meeting the demand of our institutional investors to help increase and stabilize their returns."
Prior to joining Merriman as managing director and head of derivatives, Minton worked for Parallax Fund as an options trader, responsible for market making and volatility trading. He was also a trader for Group One, where he made markets and traded volatility on the PCX and CBOE. Minton is based in Merriman's San Francisco office.
About Merriman Curhan Ford
Merriman Curhan Ford (NASDAQ: MERRD) is a financial services firm focused on fast-growing companies and the institutions that invest in them. The company offers high-quality investment banking, equity research, institutional services and corporate & venture services, and specializes in three growth industry sectors: Technology, CleanTech and Consumer, Media & Internet. For more information, please go to www.mcfco.com.
Note to Investors
This press release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of the Company. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K/A filed on April 30, 2010. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as "anticipate," believe," "could," "estimate," "expect," "intend," "may," "should," and "would" or similar words. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise. The Form 10-K/A filed on April 30, 2010 and the Form 10-Q filed on August 12, 2010, together with this press release and the financial information contained herein, are available on our website, www.mcfco.com. Please click on "Investor Relations."
SOURCE Merriman Curhan Ford
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