NEW YORK, Nov. 12, 2015 (GLOBE NEWSWIRE) -- Macro Risk Advisors (MRA), a leading provider of global market risk analysis and execution services for institutional investors, today announced that it raised $332,000 during the firm's fourth annual charitable trading day on October 29th. All of the net commissions earned from option, stock and ETF trades will be donated to the four diverse organizations selected by MRA: Blythedale Children’s Hospital, Project A.B.L.E., One Love Foundation and the Navy SEAL Foundation will each receive $83,000.
Representatives from the charities joined the MRA team for the opening bell to watch the stock and option execution process in real time. The event started off with great excitement, and momentum continued throughout the day until the closing bell, with 58 clients participating.
MRA CEO Dean Curnutt acknowledged the importance of the initiative: “Our team is striving to ‘Be Kind, Build Trust and Raise the Bar.’ These core values define our mission, not just on the strategy and execution front, but also the way in which we aspire to interact with clients and the world around us. Giving back is a fundamental part of MRA’s core values.”
Over the past three years, MRA has supported causes including Veteran’s support, cancer research, youth education initiatives and mentorship programs. This year’s H.E.L.P. theme encompassed organizations whose missions have made a difference to individuals and families in the MRA community. Those issues included “H” for Health, “E” for Education, “L” for Love, and “P” for Protection.
“When my fellow co-founders and I established Project A.B.L.E., Dean was my professional mentor and boss. He has followed our progress since our inception, and he and others at MRA have been some of our biggest supporters.” Project A.B.L.E. Board Member Ali Samadi said, “For Project A.B.L.E. to have been included in MRA's Charity Day this year is especially gratifying to those of us who have known members of the MRA team for years. The donation represents the largest single donation we have ever received, and, as the board covers the administrative costs of PA, 100% of it will go towards our educational projects.”
Larry Levine, President and CEO of Blythedale Children’s Hospital, thanked MRA for its contribution: “We are incredibly grateful to Dean Curnutt and Macro Risk Advisors for this very generous gift. Blythedale is a safety net hospital, treating some of the region’s poorest and sickest children, and insurance reimbursements don’t begin to cover the very costly care we provide to each patient. The support of community partners such as MRA is vitally important to the future of Blythedale, and allows us to continue and expand programs and services for a very vulnerable population of medically complex children.”
Robin King, CEO of the Navy SEAL Foundation, also recognized MRA for its donation: "The Navy SEAL Foundation is honored to be part of Macro Risk Advisors 4th Annual Charitable Trading Day. On behalf of the Foundation and those we serve, I would like to thank MRA, their employees and clients for acknowledging the sacrifices made by the Naval Special Warfare community and for supporting our mission with this generous donation. Your support allows us to serve our warriors and their families in times of achievement, adversity and greatest sacrifice.”
“We are so grateful to MRA and its clients for supporting our work to engage students in a movement to end relationship violence,” said Katie Hood, CEO of The One Love Foundation in honor of Yeardley Love. “MRA’s support will directly increase the number of students and campuses we can connect with as we expand this movement across the nation. Given our ambitious agenda for change, we are incredibly grateful for this vote of confidence and critical support from the MRA team.”
To learn more about these organizations, please visit their websites at http://www.blythedale.org/, http://www.projectablefoundation.org/, http://www.joinonelove.org/, and http://www.navysealfoundation.org/.
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 was founded in 2008, and is a FINRA-registered broker-dealer known for its sophisticated and unique analysis of global macro risks, volatility and equity derivatives. For more information, visit www.macroriskadvisors.com or MRAD <GO> on Bloomberg.