International Equities Execution Expert Enlists With BrokerDealer Industry’s Oldest Firm Owned-Operated By Service-Disabled Veterans

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Mischler Financial Group Adds To International Equities Best Execution Team;

Global Bank Trading Veteran Appointed to Senior Role for 24/6 Agency-Only Platform

Immediate News Release

Stamford, CT July 14, 2014—Mischler Financial Group (“MFG”), the securities industry’s oldest minority investment bank/institutional brokerage owned and operated by service-disabled veterans announced that Eric Michalisin, a close on 20-year sell-side industry veteran and a recognized specialist in international equities execution has joined the firm’s agency-only trading desk. Mr. Michalisin has been appointed, Director, International Equities Sales/Trading. Michalisin will be based in the firm’s Stamford, CT office where he will work directly with Managing Director Rob Livio, who oversees the firm’s 24/6 international equities sales/trading platform.

During the 3 years immediately prior to joining Mischler, Mr. Michalisin was Director, International Equities for RBS Securities. During the 7 years prior, he was a senior member of the international equities desk for JP Morgan Chase. Mr. Michalisin began his sell-side career in 1996 as a Far East equities sales/trading specialist for Robert Fleming, Inc and remained with predecessor firm Jardine Fleming Securities throughout 2001.

Noted Joe Digiammo, Mischler’s global head of equities, “Eric’s major firm background, coupled with his unique insight to local market trading, as well as best execution for US-listed ADRs provides our institutional clients with yet another highly-experienced touch-point for those seeking to navigate global equities markets on a 24/6 basis.”

About Mischler Financial Group

Established in 1994, Mischler Financial Group, Inc. (“Mischler”) is the oldest and largest FINRA member firm certified as a Service Disabled Veterans Business Enterprise (SDVBE). Headquartered in Newport Beach, California with regional offices in Stamford, CT, Boston, MA, Chicago, IL and Detroit, MI,the firm serves leading institutional fund managers, corporate treasurers, public plan sponsors, endowments and foundations by providing agency-only execution within the global equities and fixed income markets; new issue underwriting and syndication within the US Equity and Debt capital markets; and asset management for liquid and alternative investment strategies. The firm’s website is located at www.mischlerfinancial.com

For the full news release, please visit the Mischler Financial Group website via this link.

Video Camera Maker GoPro Shares #GPRO Surge As Company Raises $450 Million in Deal Led By Top BrokerDealers

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A BrokerDealer.com blog special report:

Photo Courtesy of US News

GoPro Founders Cheer IPO. Photo Courtesy of US News

IPO market investors who were able to secure shares from their brokerdealers that were floated today on the NASDAQ Stock Market by video camera maker GoPro were rewarded as the company’s stock surged more than 30% in the company’s first day of trading on the public stock markets.

Investment Bankers J.P.Morgan, Citigroup and UK’s Barclays were the lead underwriters. Selling group members included the broker dealer industry’s Mischler Financial Group, the securities industry’s oldest and largest firm owned and operated by service-disabled veterans.

GoPro is the largest consumer-electronics IPO since battery company Duracell International Inc.’s 1991 debut raised $433 million, according to data provider Dealogic. Gillette Co., now a unit of Procter & GambleCo., bought Duracell in 1997.

GoPro is the latest consumer business to cash in on investor demand for U.S. stocks, which has given the likes of microblogging service Twitter Inc., perfume maker Coty Inc. and theme-park operator SeaWorld Entertainment Inc. a window to float shares in the past year and a half.

At the offering price, GoPro’s selling shareholders will generate proceeds of $427.2 million, based on the 17.8 million shares being sold. The company will command a market value of nearly $3 billion based on the 123.1 million shares that will be outstanding after the deal.  Trading on the NASDAQ Stock Market under ticker symbol “GPRO”, the shares soared GoPro shares rose $7.73, or 32 percent, to $31.73 in afternoon trading Thursday after rising as high as $33 earlier.