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BNP Paribas Appoints Aaron Ford to Its New York Equity Derivatives Division.


NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- BNP Paribas is pleased to announce the appointment of Aaron Ford as a Managing Director and senior equity derivatives marketer. He is based in New York and reports to Nicholas Kello, Managing Director and head of equity derivatives sales for financial institutions.

Aaron joins the firm as a senior institutional equity derivatives marketer who will focus on the development of the hedge fund hedge fund, in finance, a highly speculative, largely unregulated investment device. Originating in the 1950s, the funds "hedge" by offsetting "short" positions (borrowing a security and then selling it at a higher price before repaying the lender) against "long"  client base. He joins from KBC KBC Kenya Broadcasting Corporation
KBC Kaun Banega Crorepati (Indian TV show)
KBC Koahnic Broadcast Corporation (Anchorage, Alaska)
KBC Keyboard Connector
KBC Kill Before Capture
 Financial Products where he was head of US equity derivatives and, prior to that, he worked at UBS UBS Union Bank of Switzerland
UBS United Bible Societies
UBS United Blood Services
UBS United Buying Service
UBS Used Bookstore
UBS University Business Services
UBS Universal Building Society (UK)
UBS Ulaanbaatar Broadcasting System
 where he led the development of hedge fund coverage for OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
 equity derivatives in the US.

Commenting on the appointment, Nicholas Kello said, "I am delighted to have Aaron on board to help us expand our U.S. client facing business. This business is a key component in our global equity derivatives growth plans, and Aaron's experience and expertise will assist us in connecting select hedge funds and related institutional clients with our diverse equity derivatives' capabilities."

About BNP Paribas

BNP Paribas (www.bnpparibas.com) is a European leader in banking and financial services, with a significant and growing presence in the United Sates and leading positions in Asia. The most profitable bank in the Euro zone, it has a presence in 85 countries with 89,400 employees. The group enjoys key positions in Corporate and Investment Banking, Private Banking & Asset Management, Insurance, Securities Services and Retail Banking.

BNP Paribas provides a full array of financial products through a portfolio of brands that cover a variety of distribution channels. With offices in New York, BNP Paribas in North America offers a broad range of corporate, investment banking and securities brokerage activities. With locations in all the major corporate and financial centers across the United States and Canada, BNP Paribas in North America serves a world-class client base of multinational corporate and mid-cap companies, major issuers and institutional buyers. As a registered NASD NASD

See: National Association of Securities Dealers


NASD

See National Association of Securities Dealers (NASD).
 broker-dealer and member of SIPC (Simply Interactive PC) An earlier umbrella term from Microsoft and Intel for a PC that works like a home appliance. For example, it has a sealed case, uses external connectors for expansion and boots in just a couple of seconds. , BNP Paribas Securities Corp. trades and markets a vast array of global and domestic fixed income and equity products
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Publication:Business Wire
Date:Mar 29, 2005
Words:345
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