Excerpts Courtesy of MarketsMediaThe lines of demarcation between actively-managed investment vehicles are getting fuzzier with the advent of non-transparent, actively-managed ETFs.Black Rock, State Street, Eaton Vance and T. Rowe Price, among others, have filed applications with the Securities and Exchange Commission (SEC) to develop actively managed non-transparent ETFs that…Read More
February 5, 2014 -WallachBeth Capital LLC, a leading provider of institutional execution services, announced today that program trading expert Thejas Nalval has joined the firm in the newly created role of Director, ETF & Portfolio Strategy. Mr. Nalval comes to WallachBeth with ten years of industry experience. Prior to his…Read More
TabbForum, a publication that caters to the institutional investment community and works towards spotlighting the relevant issues of the day, has just published a comment letter submitted to the SEC by institutional [agency-only] broker Themis Trading re: topic of wider tick sizes for small cap stocks. While readers of this…Read More
In the spirit of "..It takes one to know one..." and notwithstanding the "late print," one leading Wall Street broker who specializes in ETFs (and, who typically prefers to play down price predictions and remain focused on best execution vs. best picks) has an interesting 2014 outlook for a select…Read More
Wall Street Letter, one of the Industry's must-read publications courtesy of financial media company Pageant Media, just announced its "short list" of finalists in connection with WSL's 3rd Annual institutional trading awards. While the 2014 "best of" categories cover each of the likely specialties (e.g. best agency-broker/options, best brokerage platform,…Read More
NEW YORK, Jan. 8, 2014 (GLOBE NEWSWIRE) -- WallachBeth Capital, a leading provider of institutional execution services, announced today that ETF industry veteran trader Mohit "Mo" Bajaj has joined WallachBeth in the newly created role of Director, ETF and Portfolio Trading Services. [caption id="attachment_1711" align="alignleft" width="155"] Mohit "Mo" Bajaj, WallachBeth…Read More
Courtesy of 12.26.13 CNBC interview with Andrew McOrmond, Managing Director/WallachBeth Capital [youtube=http://www.youtube.com/watch?v=N6xlH1rTr30&w=420&h=315]Read More
JPMorgan Chase and federal authorities are nearing settlements over the bank’s ties to Bernard L. Madoff, striking tentative deals that would involve roughly $2 billion in penalties and a rare criminal action. The government will use a sizable portion of the money to compensate Mr. Madoff’s victims. The settlements, which…Read More
Courtesy of ETF Strategy "..MTS, one of Europe’s largest electronic fixed income trading venues, is to launch request-for-quote (RFQ) trading for exchange-traded funds (ETFs) via its multi-dealer-to-client MTS BondVision platform. The new service will offer liquidity providers access to a diverse community of global institutional investors. The platform will…Read More
Courtesy of Wall Street Letter reporter Sean Creamer Institutional brokerage WallachBeth Capital LLC will expand its staff to bolster electronic trading across exchange-traded funds and options over the next two years, according to Michael Wallach, CEO. The agency broker-dealer aims to bring on 15-20 people, some of whom may…Read More
In honor of this coming Veteran's Day, Mischler Financial Group, Wall Street's oldest (and largest) service-disabled veteran (SDV) owned institutional brokerage/banking firm (and 1 of 9 investment bank selling group members for yesterdays Twitter IPO) announced last week the firm has pledged 10% of November profits to Children of Fallen…Read More
One of the best video elements for sophisticated investment managers [and all others] seeking expert insight re ETF portfolio management. Interview below with one of the global ETF market's most recognized trade execution experts is courtesy of financial industry publisher and conference producer MarketsMedia. Many thanks to them for making…Read More
Newport Beach, CA & Stamford, CT, Nov 4--Mischler Financial Group, Wall Street’s oldest minority investment bank and institutional brokerage owned and operated by service-disabled veterans announced today that in honor of this upcoming Veteran’s Day, the firm has pledged 10% of its entire November profits to Children of Fallen Patriots…Read More
Courtesy of John D'Antona, TRADERS magazine. Recognizing today’s and tomorrow’s leaders, the Rising Star Award is intended for high-impact professionals who will continue to lead the industry for years to come. Rising Star: Jennica Ross, Director of Strategic Relationships, WallachBeth Capital To fully understand the business of trading, one must…Read More
Courtesy of Kaitlyn Kiernan, Wall Street Journal Oct. 29, 2013 7:37 p.m. ET The latest record run for U.S. stocks is sending up caution flags in two corners of the options market that rack investor sentiment. Hefty demand for options that would benefit from a further rise in…Read More
Courtesy of TradersMagazine Women Trailblazers, Entrepreneurs, Mentors, Rising Stars and Others Honored for Their Achievements October 17, 2013 – Trading is and always has been a man's world. But there are exceptions to every rule. Women in trading have made their imprint on an industry that has not always been…Read More
MarketsMuse Editor Note: We tripped over this info-taining clip courtesy of ETFGuide.com's Ron Delegge Good viewing for elementary and advanced students of the ETF marketplace. [youtube=http://www.youtube.com/watch?v=U7TYLZzXR4c&w=280&h=165]Read More
Courtesy of Steve Marlin/MarketsMedia With exchange-traded funds playing an increasingly important role in portfolio management, the ability to accurately price the instruments has placed a premium on market-making skills. “ETFs are a unique breed of financial instruments,” said Chris Hempstead, director of ETF execution services at WallachBeth. “Order execution requires…Read More