
Brownstone Investment Group to Ring NYSE Opening Bell
Company Recognized as Founding NYSE Bond Liquidity Provider
NEW YORK, July 21, 2011 /PRNewswire/ -- Brownstone Investment Group, LLC ("Brownstone") founding partners Douglas B. Lowey and Barret P. Naylor will ring the New York Stock Exchange ("NYSE") opening bell on Monday, July 25, 2011, in recognition of Brownstone's new NYSE membership and role as a key launch participant in NYSE Bonds' Bond Liquidity Provider (BLP) Program.
Since its founding in 1998, Brownstone has focused on trading and investing in the fixed income marketplace through wholesale transactions within the regional broker dealer community. Its powerful hybrid trading and investing business model pairs seasoned relationships with state of the art technology.
"This is a terrific honor for Brownstone," said Douglas Lowey, President and CEO of Brownstone. "We're pleased to be a new member of the NYSE and to have been selected as a key participant in the launch of NYSE's BLP Program. Brownstone has always been an advocate for transparency and liquidity in the fixed income marketplace. We're proud to partner with NYSE Bonds to advance that shared goal."
Kevin Molloy, Managing Director, Fixed Income, NYSE Euronext, said, "We're happy to have a company with Brownstone's pedigree and professionalism anchor NYSE's BLP program. Brownstone's support is a critical step in achieving broad market validation and adoption for NYSE Bonds."
New York-based Brownstone Investment Group, LLC is a dynamic, technology-driven fixed income investment firm. The company's multiple business lines center around its expertise within the high yield and investment grade credit markets. Within the industry, the firm is known for its integrity, professionalism and deep product knowledge. Brownstone is one of the leading and oldest independently held firms operating in its niche.
For more information about Brownstone Investment Group, please visit www.brownstone.com.
SOURCE Brownstone Investment Group
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