ETF Trading Market Veteran Joins Agency-Execution Trailblazer WallachBeth Capital

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. Mr. Bajaj brings over 10 years of ETF principal market-making and global bank […] Read More

8 January, 2014

Wisdom Tree Gets Wise With New [Long] US Dollar…

Courtesy of Dennis Hudacheck, Index Universe WisdomTree’s new long-dollar currency ETF is truly one for the ages, literally. I’ve long felt that we’ve needed an alternative to the decades-old US Dollar Index, which was created back in 1973. So how does the WisdomTree Bloomberg US Dollar Bullish Fund (USDU) differ from its lone competitor, the […] Read More

7 January, 2014

Industry Titan Takes Exception to Maker-Taker

(Bloomberg) — Regulators could stem the migration of U.S. equity trading to dark pools by coordinating a cut in trading fees, an action exchanges are unlikely to take on their own, according to one of the biggest high-frequency firms. Most exchanges are charging traders too much — 30 cents per 100 shares — pushing transactions […] Read More

2 January, 2014

ETF Big Idea For 2014: Small Caps ($SCV)

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

26 December, 2013

Bitcoin: Debunking the Myths

Courtesy of TABB Contributor Nicholas Colas, ConvergEx Group In the rush to understand what bitcoin is – and isn’t – the public discussion on the topic has gotten a bit muddy. Here are 11 bitcoin myths and the reality under the hype and confusion. MarketsMuse Editor Note: In deference to copyright and proprietary content protocols, […] Read More

16 December, 2013

$ROBO Adds New Dimension to ETF Universe; Robo-Stox Does…

Courtesy of Katie Spence Robots take over ETFs Right now, Robo-Stox is the only ETF that’s focused solely on robotics and automation-related companies. And while you do have to pay a management fee, it’s currently priced at 0.95%, which basically means you’ll pay $9.50 a year for every $1,000 invested. Plus, while the fund has […] Read More

15 December, 2013

JPMorgan To Pay $2bil re Madoff Matter; Criminal Charges…

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 are coming together on the […] Read More

12 December, 2013

Algorithms & Altruism 101: Big Buy-Side Player Want Better,…

Take-away from (2) news articles today profiling proliferation of algorithmic trading strategies: The buyside “gets it”, but they don’t want it..  Excerpt from WSJ’s Bradley Hope article “Buyside Traders Move Upstairs”: Some of the world’s biggest investors are changing the way they trade in U.S. markets in response to what they say are rising risks […] Read More

9 December, 2013

Euro-based Bond Platform Offers RFQ Trading for ETFs; US-based…

  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 support ETF products listed on […] Read More

4 December, 2013

ETF and Options Execution Firm Expands Global Footprint: 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 be college interns who transition […] Read More

30 November, 2013

No Hiding The Housing Recovery: $ITB and $XHB

Excerpt from Nov 22 edition of Rareview Macro’s “Sight Beyond Sight” morning commentary; courtesy of macro market trading expert Neil Azous.. At a micro level in the US, all one has to do is look at the iShares U.S. Home Construction ETF (ITB) and SPDR S&P Homebuilders ETF (XHB) to see the new found interest […] Read More

23 November, 2013

Pre-Thanksgiving Special: Custodians Flip The Bird to RIA Customers…

  Courtesy of RIABiz and reporter Lisa Shidler MarketsMuse Editor Note: Kudos to Lisa “Lois Lane” Shidler for her insightful expose profiling how custodians to RIAs excel at squeezing lemons from customers who they must think are lemmings. Though Ms. Schilder neglected to spotlight the fact that custodians systematically sell their customer orders to select […] Read More

21 November, 2013

The Buffet ETF

Courtesy of WallStreet Cheat Sheet Warren Buffett is one of the most successful investors in history. The chief executive officer and largestshareholder of Berkshire Hathaway (NYSE:BRKA) has navigated numerous bull and bear markets, becoming a multi-billionaire in the process. As a result, he is also one of the most closely followed investors. Courtesy of a new filing, individual […] Read More

17 November, 2013

Trading Twitter ($TWTR) Options: Eye On Implied Volatility

  Courtesy of Kaitlyn Kiernan, Wall Street Journal Twitter Inc.’sTWTR -1.67% frenzied initial public offering last week is about to be followed by a highly anticipated debut on Friday of options tracking the company’s stock. But with such a short track record in the stock, prices on the newly listed options contracts might be volatile, options […] Read More

15 November, 2013

iBillionaire Index To Track Big Buck Bets; ETF in…

Courtesy of Hung Tran/IndexUniverse MarketsMuse editor: In the category of “what will they think of next?” A new index tracking the success of billionaire investors went live today, and a related “Billionaire ETF”—perhaps a bit like the Global X Guru ETF (GURU | C-48)—appears to be in the works as well. iBillionaire Inc. today launched […] Read More

13 November, 2013

Veteran’s Day: Wall Street Firm Pledges November Profits to…

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 Patriots Foundation. According to Dean […] Read More

8 November, 2013

Hedge Fund Traders Favor ETFs For a Reason

Courtesy of Paul Amery, IndexUniverse.com Hedge funds and index trackers are polar opposites: the highest- and lowest-fee ends of the investment product scale.   And yet a surprising number of hedge funders are fans of indexing. Reportedly, many are closet admirers, buying ETFs and index funds for their own portfolios—as though stepping out of a […] Read More

7 November, 2013

Professional ETF Trading Insight: Through The Lens Of A…

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 this clip available. Read More

5 November, 2013