Abel/Noser Launches International Equities Desk

Broker Taps Industry Veteran Chris Masi to Lead Global Effort

Oct 12, 2010, 11:47 ET from Abel/Noser

NEW YORK, Oct. 12 /PRNewswire/ -- Abel/Noser ("Abel"), an independent agency brokerage providing a range of tools and services for institutional clients, today announced the launch of its international equities desk, led by Chris Masi, Head of Global Trading. Already known for a strong presence in domestic equities and fixed income, this marks Abel's first venture into overseas markets.

"We are thrilled to have Chris on board to lead this expansion," said Bill Conlin, chief executive officer of Abel. "Our clients have become more globally invested over the years, and now we have the capability to service their portfolios all over the world."

Conlin added that the international desk just recently completed its first portfolio transition at the beginning of October.

Mr. Masi will report to Executive Vice President of Trading Chris Corwin, and joins Abel from Natixis Bleichroeder, where he was a director in that firm's Global Trading group. While at Natixis, Masi managed the execution of global portfolios in 65 countries with the network support of local brokers. He began his career in international equities at Bank of America in 1998.

Mr. Masi holds a Bachelor of Science degree in business administration from Sacred Heart University, and a Masters of Business Administration from Fordham University.

"I am very excited for the opportunity to build a business within the Abel franchise," said Masi. "The firm has a rich history, great analytic products, and a very seasoned management team."

For more information, please visit www.abelnoser.com.

About Abel/Noser

Abel/Noser is one of the oldest and largest independent agency brokerages providing a range of tools and services for institutional sponsors and investment managers. Abel offers comprehensive solutions and analytics throughout the pre-trade execution and post-trade cycle, including Transaction Cost Analysis (TCA), domestic and international commission recapture for equities and fixed income, transition management, liquidity analysis and customized algorithms. Founded in 1975 and headquartered in New York, Abel is a member of the NYSE, FINRA and SIPC.

SOURCE Abel/Noser