Liquid Holdings +14% after agreement with ConvergEx

|About: Liquid Holdings Group LLC (LIQD)|By:, SA News Editor

Under the deal, ConvergEx will offer the Liquid Holdings (LIQD) platform to its prime brokerage clients, and Liquid will refer its clients to ConvergEx for prime brokerage services.

LIQD +14% premarket

In other news, JMP Securities initiates coverage of Liquid with a Market Outperform rating and $2.25 price target.