R. J. O'Brien Launches New Foreign Exchange Managed Account Program

Chicago, February 24th, 2004 - R. J. O'Brien Foreign Exchange, Inc. (RJO FX), an affiliate of R. J. O'Brien and Associates, Inc. (RJO), a Chicago-based Futures Commission Merchant, has launched a new multi-manager Foreign Exchange Managed Account Program effective January 2, 2004.

Designed with a fund of funds strategy in mind, the product seeks absolute returns with a low correlation to global stock and bond indices using global currency advisors who employ multiple FX strategies. The strategies include, but are not limited to, systematic, discretionary, fundamental, quantitative, technical, trend following and momentum.

The managed account program, which was originally created for the institutional client, will now be made available to retail clients. The program stresses risk management, capital preservation and investment flexibility in an attempt to produce consistent returns with limited volatility.

The portfolio management is the responsibility of Harmonic FX Management LLC, while RJO FX serves as the foreign exchange dealer and manager.

"The launch of the managed account program provides investors with exposure to the dynamic Foreign Exchange Market through a diverse set of professional trading advisors," said Gerry Corcoran, CEO of RJO. "We see the program as a an opportunity for institutional and individual investors to further diversify their investment portfolios through the FX market."

Primary Contact:
Tyler Bradford
(212) 888-6115 x245

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