NEW YORK, March 2, 2015 (GLOBE NEWSWIRE) -- Macro Risk Advisors (MRA), a leading provider of global equity derivatives strategy and trade execution for institutional investors, today announced the growth of its team with the promotion of Pravit Chintawongvanich to Head of Risk Strategy. This senior appointment is part of an ongoing expansion effort at MRA, which will support its increasing client base and further establish new opportunities for unique talent.
"Pravit brings a deep understanding of market risk to his new role," said Dean Curnutt, the founder and CEO of MRA. "His analytical expertise, understanding of cross-asset relationships and leadership in helping investors manage portfolio risk are key drivers of our client focused business model."
In his new role, Mr. Chintawongvanich will oversee the development of analytics that help clients identify and better understand market and trading risk. In addition to leading the development of cutting edge tools that manage portfolio risk for institutional clients, he will also work with clients to select effective hedges and determine the most efficient way to express investment views through options.
"Pravit has played an instrumental role in enhancing the quality of our client services at MRA. He has done an excellent job executing his previous role as risk management strategist, and we are very pleased that MRA continues to be a destination for some of Wall Street's best risk and sales-trading talent," said Mr. Curnutt.
Before joining MRA in 2013, Mr. Chintawongvanich worked at RBC Capital Markets as an associate on the equity derivatives trading desk, assisting in execution and pricing, and building tools to manage volatility data and price option structures. Mr. Chintawongvanich has a Bachelor of Science degree in electrical engineering from New Mexico State University and a Masters in Mathematical Finance from the University of Toronto.
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 is a FINRA-registered broker-dealer. For more information, visit www.macroriskadvisors.com or MRAD <GO> on Bloomberg.