NEW YORK, April 23, 2012 /PRNewswire/ -- Macro Risk Advisors (MRA), a leading provider of global market risk analysis and derivatives trade execution for institutional investors, today announced that Drew Forman has joined the firm as a sales trader. Mr. Forman will report to MRA's Head of Equity Derivative Sales and Trading, Brian Bier, and provide clients with insights on hedging strategies along with actionable trade ideas.
Mr. Forman has eight years experience executing complex equity derivatives transactions in the listed and OTC options market. Prior to joining MRA, Mr. Forman was a senior equity derivatives trader at Nomura Securities, where he worked alongside Mr. Bier to facilitate option trades on behalf of clients and manage the risk exposure in the industrials and energy book. He also worked at JP Morgan, where he was an equity derivatives trader focusing on the technology sector. He holds a BS in physics from Yale University.
"Drew has proven expertise in sourcing option market liquidity for clients and in advising them on how to utilize derivative strategies to manage portfolio risk," said Dean Curnutt, the founder and CEO of MRA. "We expect to bring more traders of Drew's caliber to our trading desk to meet the needs of our growing client base."
"It is exciting to join a team that combines first-rate trade execution capabilities with highly respected insights on market risk," Mr. Forman said. "I look forward to helping clients at a time when derivatives are playing an increasingly important role in the investment management process."
MRA provides conflict-free market strategy and execution services to a client base of institutional and alternative managers, with combined assets under management in excess of $150 billion. Founded in 2008, MRA is a FINRA-registered broker/dealer known for its sophisticated and unique analysis of global macro risks, volatility and equity derivatives.
About Macro Risk Advisors
Macro Risk Advisors is an independent derivatives strategy and execution firm headquartered in New York and specializing in translating proprietary market intelligence into specific trading ideas for institutional investors. Utilizing proven techniques for trade execution, MRA enables clients to consistently achieve efficient pricing in the equity and option markets. MRA's strategy notes are read by more than 500 unique institutional firms. The company is a FINRA-registered broker-dealer. For more information, visit www.macroriskadvisors.com or MRAD <GO> on Bloomberg.
SOURCE Macro Risk Advisors