ADVISORY, Oct. 14, 2008 (GLOBE NEWSWIRE) --
What:
FBR Capital Markets Corporation (FBCM) and Youth, I.N.C. will
preside over the Closing Bell to celebrate Youth, I.N.C.'s third
annual Trading Day for Kids.
On Wednesday, October 15th, 100% of designated commissions on equity
trades made through FBR Capital Markets will be donated to Youth,
I.N.C., an organization working to improve the lives of children and
youth through a unique venture philanthropy model that empowers,
develops, and educates nonprofit organizations serving young people.
Institutional investors can support Youth, I.N.C. through this
initiative by directing all equity trading activities to Trading Day
for Kids sponsor FBR Capital Markets on Wednesday, October 15th and
designating Youth, I.N.C. as the beneficiary of the commissions.
Who:
-- Richard J. Hendrix, President & Chief Operating Officer, FBR
Capital Markets
-- Steve Orr, Founder & Executive Director, Youth, I.N.C.
-- Bob McCooey, Senior Vice President, NASDAQ OMX, and Youth,
I.N.C. Board member
-- Additional Youth, I.N.C. Board members, staff, and
participating nonprofit partners
Where:
NASDAQ MarketSite - 4 Times Square - 43rd & Broadway - Broadcast Studio
When:
Wednesday, October 15, 2008 at 3:45 - 4:00 p.m. ET
Contacts:
Youth, I.N.C.
Hope Clements
(212) 520-8296
hclements@youthinc-usa.org
FBR Capital Markets Corporation (FBCM)
Media
+1-703-469-1004
media@fbr.com
Investors
Bradley J. Wright
+1-703-469-1080
fbcmir@fbr.com
NASDAQ MarketSite:
Robert Madden
(646) 441-5045
Robert.Madden@NASDAQOMX.com
Feed Information:
The Closing Bell is available from 3:50 p.m. to 4:05 p.m. on AMC-3/C-3 (ul 5985V; dl 3760H). The feed can also be found on Ascent fiber 1623. If you have any questions, please contact Robert Madden at (646) 441-5045.
Radio Feed:
An audio transmission of the Closing Bell is also available from 3:50 p.m. to 4:05 p.m. on uplink IA6 C band / transponder 24, downlink frequency 4180 horizontal. The feed can be found on Ascent fiber 1623 as well.
Webcast:
A live Webcast of the NASDAQ Closing Bell will be available at: http://www.nasdaq.com/about/marketsitetowervideo.asx
Photos:
To obtain a hi-resolution photograph of the Market Close, please go to http://www.nasdaq.com/reference/marketsite_events.stm and click on the market close of your choice.
About FBR Capital Markets Corporation:
FBR Capital Markets Corporation (Nasdaq:FBCM), a majority-owned subsidiary of Friedman, Billings, Ramsey Group, Inc., provides investment banking, merger and acquisition advisory services, institutional brokerage, research, and asset management and private wealth services. FBR Capital Markets focuses capital and financial expertise on seven industry sectors: consumer, diversified industrials, energy & natural resources, financial institutions, insurance, real estate, and technology, media & telecom. FBR Capital Markets is headquartered in the Washington, D.C. metropolitan area with offices in Arlington, VA; Boston; Dallas; Houston; Irvine; London, England; New York; and San Francisco. For more information, please visit www.fbrcapitalmarkets.com.
About Youth, I.N.C.:
Youth, I.N.C. was founded in 1995 by former Goldman Sachs investment banker Steve Orr, who recognized that many nonprofit organizations struggled to connect with powerful networks and maximize the funding sources needed to fulfill their missions. Youth, I.N.C. has empowered over 75 nonprofits, enabling them to raise more than $10 million for their youth programs and touch the lives of more than 500,000 youth. Youth, I.N.C. has also placed more than 90 corporate professionals with nonprofits as board members, advisors and high-impact volunteers. For more information on Youth, I.N.C., please visit www.youthinc-usa.org.
About NASDAQ OMX:
The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, and with over 3,900 companies, it is number one in worldwide listings among major markets. NASDAQ OMX offers multiple capital raising solutions to companies around the globe, including its U.S. listings market; the OMX Nordic Exchange, including First North; and the 144A PORTAL Market. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and ETFs. NASDAQ OMX technology supports the operations of over 60 exchanges, clearing organizations and central securities depositories in more than 50 countries. OMX Nordic Exchange is not a legal entity but describes the common offering from NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit http://www.nasdaqomx.com/.