NEW YORK, NY--(Marketwire - December 6, 2010) - Maxim Group LLC, a leading full service investment banking, securities and wealth management firm today announced the appointment of Eymen Errais as Managing Director and head of Structured Credit Sales and Trading. In his new position, Errais will run the day-to-day operations of the extensive structured credit sales and trading business of Maxim Group. In addition, Mr. Errais will be responsible for the development of the synthetic structured credit business which includes trading index tranches and synthetic bespokes.
"We are pleased to add an individual of Eymen's caliber, as he brings a wealth of experience and strong client relationships which will advance Maxim's continued growth as a leader in the structured credit arena" said Jamie Terranova and Jonathan Kattouf, co-heads of Maxim Group's Fixed Income Division.
Mr. Errais brings a decades worth of sales and sales trading experience to Maxim Group. Prior to joining Maxim, he was a credit correlation trader at Merrill Lynch, Credit Suisse and Barclays Capital. He also founded CreditFlow Partners, a brokerage firm specializing in trading illiquid off the run synthetic structured products. In addition to his current responsibilities, Mr. Errais is a teacher in the Financial Math Masters program at New York University. Mr. Errais holds two Masters Degrees and a PhD from Stanford University in Operations Research.
About Maxim Group LLC
Maxim Group LLC is a full-service investment banking firm headquartered in New York. Maxim Group provides a full array of financial services including investment banking; private wealth management; and global institutional equity, fixed-income and derivatives sales and trading as well as equity research. The investment banking group focuses on middle market and emerging growth companies within the shipping, energy, health care, technology, retail, and business and financial services sectors. The institutional coverage of Maxim Group spans North and South America, Europe and Asia. Maxim Group LLC is a registered as a broker-dealer with the U.S. Securities and Exchange Commission and is a member of the following: Financial Industry Regulatory Authority (FINRA); Municipal Securities Rulemaking Board (MSRB); Securities Insurance Protection Corporation (SIPC); International Securities Exchange (ISE); NASDAQ Stock Market and the NYSE Arca, Inc. To learn more about Maxim Group, visit www.maximgrp.com.
Contact Information:
For further information please contact:
John J. Garrity
Executive Managing Director
212.895.3624
jgarrity@maximgrp.com