SOURCE: ACGM, Inc.

ACGM, Inc.

November 28, 2012 11:20 ET

ACGM Announces Continued Fixed Income Expansion and Begins Making Markets in European Corporate Debt Issues

NEW YORK, NY--(Marketwire - Nov 28, 2012) -  ACGM, INC. ("ACGM") announced today that it will begin making markets in the debt securities of a selection of European Corporates. This marks the continued expansion of ACGM's fixed income trading business which trades predominately Treasury securities, Municipal bonds, Corporate debt, and Foreign Sovereign debt.

Initially, ACGM will maintain bid and offer prices in a select group of European Corporate debt securities. Over time the Firm intends to expand its coverage to include a wider selection of European Corporate debt securities. The Firm's bid/offer prices can be viewed through any Bloomberg terminal by entering ACGM < GO >. The European Corporates desk can be reached at +1 212-750-4237.

Upon announcing the expansion, ACGM's President and CEO, Carlos Abadi expressed his pleasure at being able to offer clients liquidity in a new marketplace. 

"The initiation of market making in European Corporate debt securities allows us to provide increased value to our clients through the offering of liquidity in a new market, paired with ACGM's customary service and quality trade execution."

ACGM's Fixed Income expansion is has also seen the recent appointment of Charles Dugan as Senior Director - Fixed Income Sales & Trading, adding another experienced industry veteran to ACGM's fixed income trading desk.

About ACGM
Founded in 1991, ACGM is an SEC-registered, FINRA, and SIPC-member broker dealer. ACGM distributes and makes markets in fixed income securities, raises assets on a global basis for private placement in the alternative investment arena, and provides financial advisory services. ACGM's seasoned professionals are Fluent in Finance, possessing in-depth experience of successfully navigating decades of rapidly changing financial markets and have a multitude of institutional relationships around the globe. ACGM seeks to leverage its continued growth, flexibility, longstanding relationships, technology and exceptional human capital, to serve its clients for another 20 years and beyond. www.acgm.com

Contact Information

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    ACGM
    George Nixon
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    + 1 212 750 4232