|Rodman & Renshaw to Unveil DirectMarkets Platform at TradeTech 2012 Conference in New York City on March 6-8|
Company Will Debut First-Ever 24/7 Automated Electronic Transaction Platform To Link Issuers with Investors for Primary Offerings of Securities by Existing Publicly Traded Companies
DirectMarkets will bring unprecedented, cost-efficient access to the capital markets into the C-Suite of public companies and bypass certain traditional roles typically held by investment banks that presently control the transactional process. Both investors and issuers will benefit from 24/7 seamless access to DirectMarkets’ platform through a graphical user interface (GUI) accessible via a desktop or laptop computer, as well as mobile smart devices such as tablets or smartphones.
With its many features, the DirectMarkets platform will empower issuers
to sell shares (covered by a shelf registration) directly into the
secondary market and to complete funding transactions at a fraction of
the current cost. Using the same platform, investors will be able to
directly contact issuers, with effective shelf registrations in place,
to indicate their interest in buying that issuer’s stock, effectively
gaining the ability to accumulate stock positions in a more
cost-effective manner than through ongoing open market purchases. For
more information about the DirectMarkets platform, please refer to the
press release we issued on
DirectMarkets will host a launch party in
TradeTech is the world's largest annual conference for equity trading and technology professionals. Since the launch in 2001, TradeTech has become the industry's prime source of strategies, information and networking and is the most comprehensive industry get together in the world. It combines a high level conference, with a large exhibition hall, to combine unparalleled networking, benchmarking and learning opportunities into one event. Created by an industry advisory board, it is an event created “for the industry by the industry” where all the key issues are uncovered, discussed and resolved. Last year TradeTech was fully supported by all of the large investment banks, as well as dozens of solution providers, MTFs, stock exchanges and technology innovation companies and industry media. What makes TradeTech so unique is the quality of the speaking faculty and the interactive structure of the program. Over the years, TradeTech has been tailored to encourage discussion around practical case studies and “real life” examples giving the attendees executable strategies for their trading desk to implement immediately upon their return from the conference. For more information, visit http://www.wbresearch.com/tradetechusa/About_us.aspx.
About Rodman & Renshaw Capital Group, Inc.
Cautionary Note Regarding Forward Looking Statements
This press release contains forward-looking statements regarding future events including, but not limited to the timing, acceptance and success of the roll-out of the DirectMarkets platform. In some cases, you can identify these statements by words such as “may,” “might,” “will,” “should,” “except,” “plan,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” or “continue,” the negative of these terms and other comparable terminology. These statements involve a number of risks and uncertainties and are based on numerous assumptions involving judgments with respect to future economic, competitive and market conditions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond the Company’s control. There are or may be important factors that could cause our actual results to materially differ any future results expressed or implied by such forward looking statements.
These factors include, but are not limited to, those discussed under the
section entitled “Risk Factors” in our Annual Report on Form 10-K, filed