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Strategies & Market Trends : Optionable OPBL
OPBL 0.00010000.0%Mar 12 5:00 PM EST

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From: JakeStraw3/26/2007 10:20:25 AM
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Optionable Announces Acquisition of HQ Trading
biz.yahoo.com
Monday March 26, 9:39 am ET

VALHALLA, N.Y., March 26 /PRNewswire-FirstCall/ -- Optionable, Inc (OTC Bulletin Board: OPBL), a leading provider of natural gas and other energy derivatives brokerage services, announced today that it has acquired the operations of privately held NY-based HQ Trading.

HQ Trading, with Peter Holmquist at the helm, is one of the oldest independently-owned crude oil derivatives brokerage firms operating on the NYMEX floor. HQ Trading specializes in brokering crude oil options both on the over-the counter market as well as on the NYMEX floor. HQ Trading client list includes hedge funds, oil refineries, transportation, trading companies, financial institutions, and wealthy individuals.
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