Press Release

COHEN & COMPANY SECURITIES ANNOUNCES EQUITY DERIVATIVES MARKETS BUSINESS

New York, NY – July 14, 2010 FGC Securities, a division of Cohen & Company Securities LLC, announces the launch of its North American equity derivatives markets business. The initial group of ten highly experienced traders and brokers will focus on providing superior execution services to its institutional customer base, across equity cash and listed and OTC equity derivative products. FGC is co-headed by John Foley and Jonathan Godson in New York.

About Cohen & Company Inc.
Cohen Brothers, LLC (d/b/a Cohen & Company) is an investment firm specializing in credit related fixed income investments. Through Cohen & Company Securities, LLC, the company also provides institutional broker-dealer services focused on debt securities. With offices in Philadelphia, New York, Chicago, Washington D.C., San Francisco, Boston, Paris, London and Tokyo, Cohen & Company serves a diverse international network of institutional and individual clients.