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Albert Fried & Company, LLC Expands into Convertible and High Yield Trading

Press Release: 

January 14, 2011 (New York, N.Y.) -  Albert Fried & Company, LLC (Member FINRA, NYSE & SIPC), is pleased to announced a successful launch of its Convertible and High Yield trading platform.

The Fixed Income Division is headed by Fred Pisapia, serving as Managing Director, alongside his longtime colleague, Bill Sonzogni, who will act as a Director. The two bring over a wealth of experience specializing in fixed income execution for institutional clientele.

Anthony Katsingris, Albert Fried & Company, LLC’s Chief Operating Officer stated “ The addition of Fixed Income to Albert Fried & Company’s trading desk brings immediate value to our overall offering. They are both dynamic and driven individuals who bring established and proven relationships to the table. We’re looking forward to Fred Pisapia expanding this new Convertible and High-Yield trading platform. “

“With over 20 years combined experience specializing in Fixed Income execution for institutional clients, Bill and I first and foremost believe firmly that cultivating a relationship built upon trust and transparency is paramount to our success. We take our customers best interests into consideration providing best execution while always maintaining their anonymity” added Mr. Pisapia.   “Albert Fried & Company’s history, reputation and infrastructure are a great fit for our business, being that the scope of our desk spans various products. We started with Convertibles and have aggressively expanded into the High Yield/Distressed, Hybrids, and Preferred market spaces. We are client reactive, so we can access the investment grade and international markets as well, if need be.”

About Albert Fried & Company: Founded in 1919, Albert Fried & Company established its roots as a Specialist Firm on the New York Stock Exchange. Since that time Albert Fried & Company (AFCO) has evolved into a premier “Institutional Centric” financial services organization, providing electronic and high touch execution and trading services, trading technology, prime brokerage & clearing, commission management and other value-added services to buy-side and sell-side clients globally.

Interested Party and Media Contact:

Albert Fried & Company, LLC.

Anthony Katsingris +1(212) 422-7282

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