Institutional Broker WallachBeth Capital Adds to Arsenal; ETF Trading Market Veteran Joins Agency-Execution Trailblazer

New York, New York, UNITED STATES

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 trading experience to agency-only brokerage specialist WallachBeth, most recently serving in a senior ETF facilitation role at Deutsche Bank. According to Michael Wallach, CEO of WallachBeth, "Mo further strengthens our core capabilities and his wealth of ETF and portfolio trading expertise will help our clients navigate the increasingly complex and evolving ETF landscape."

Added Wallach, "Irrespective of the product we are trading or the client we are serving, our process for executing sophisticated trading strategies at WallachBeth is holistic. Our value-add comes from leveraging a combination of deep product knowledge, extensive trading market insight and, most important, providing an un-conflicted human analytical element. Mo is a perfect complement to a seasoned team that is well-recognized for both their capabilities and thought leadership across the institutional ETF and program trading marketplace."

About WallachBeth Capital

Headquartered in New York, WallachBeth Capital LLC is an agency-only brokerage firm that specializes in the execution of ETFs, closed-end funds, options, OTC derivatives and equities for leading institutional investors and financial intermediaries. WallachBeth is a member of FINRA, SIPC, ARCA, CBSX, and ISE. The firm's website is located at