Carolina Capital Markets makes new investment for wounded veterans.

Carolina Capital Markets makes new investment for wounded veterans.
Veteran-owned firm provides work opportunities for veterans

Chapel Hill, NC (July 3, 2013) – Bond-trading firm, Carolina Capital Markets (CCM), recently linked with the USMC Wounded Warrior Regiment to put veterans back to work. The company hopes to use its recent “veteran-owned” distinction, given to them by the U.S. Department of Veteran’s Affairs, to recruit new hires from the wards of Walter Reed Hospital in Washington, D.C.

Tom Shugrue, senior principal and president of CCM, has been running his own fixed income, bond-trading firm for nearly 15 years. After years of mentoring young brokers, Shugrue is now turning his attention to returning veterans. CCM earned the title “veteran-owned” from Shugrue’s service as a Captain in the Marine Corps who served a tour of duty in Vietnam. Recalling his own return to civilian life, Shugrue remembers the challenges he faced and hopes to give current vets an opportunity to re-enter the work force.

“Because I own a registered broker/dealer, I can hire and properly train many wounded warriors who are transitioning out of the military,” says Shugrue. “With the infrastructure and support in place to facilitate this training program, we feel it is our civic duty to do so” he says.

Shugrue has enlisted the help of fellow Vietnam vet Ralph Markwood, a Purple Heart recipient, who lost his hand in the conflict. Markwood owns Chapel Hill Building Company and works part-time at Carolina Capital. He will lead the recruiting at Walter Reed among other areas of recruitment, drawing on his experience to offer advice.

Shugrue believes Markwood is excited for this opportunity. “There is no one better for the job” he says, adding: “This is an opportunity to give back and help transition our vets.”

Carolina Capital Markets, Inc
Location: Chapel Hill
Founded: 1994
Owners: Tom Shugrue, Steve Chaires
Brokers: 45
Annual revenue: $8 million

About Carolina Capital Markets
Carolina Capital Markets is an institutional fixed income broker/dealer owned by Tom Shugrue and Steve Chaires. CCM acts as a broker in the fixed income field, selling a range of fixed-income products including treasuries, corporate bonds, asset-backed paper, municipals, and more. The company sells bonds from hundreds of positioning broker/dealers worldwide. Buyers include investment managers, pension funds, endowments, banks, and others. CCM’s role is as a low cost executor and provider of third party research for institutional accounts.

More information about CCM can be found at http://www.ccmfit.com and the Triangle Business Journal’s recent article on CCM can be found at http://www.ccmfit.com/wp-content/uploads/2013/06/ccm.pdf.

Press contacts:

Steve Chaires
chaires@ccmfit.com
919-960-0807

Home Office
429 Meadowmont Village Circle
Chapel Hill, NC 27517
800.922.6864

Carolina Capital Markets, Inc. – Fixed Income Trading – Soft Dollars – Client Commission Arrangement – Bond Calculator

CCM’s clearing agent is BB&T. CCM’s outside legal counsel for SEC & FINRA regulations is Pickard & Djinis LLP.

via Pocket http://www.ccmfit.com/ June 10, 2013 at 07:21PM

Philippine Business Bank Selects Guava Suite from CCK as its Treasury Management System

CCK Financial Solutions Ltd (CCK), a leading provider of treasury management solutions, today announced that it has signed a contract with Philippine Business Bank (PBB), for the acquisition of Guava Suite, CCK’s treasury management and wholesale banking system.

via Pocket http://www.bobsguide.com//guide/news/2012/Dec/18/philippine-business-bank-selects-guava-suite-from-cck-as-its-treasury-management-system.html January 12, 2013 at 01:23PM