WallachBeth Capital Beefs Up Top Ranks

Jun 23 2009 | 9:10am ET

Institutional brokerage firm WallachBeth Capital has hired Stephen Markowitz as a managing director.

Markowitz was most recently senior vice president of equity derivative sales for global inter-dealer broker Tullett Prebon.

“Having known and worked with Stephen for the better part of twenty-five years, and as the options markets have evolved, his decision to now play a senior role within our firm is a real coup,” said Michael Wallach, WBC’s co-founder and CEO. “His breadth of product knowledge, broking talents, and his deep, trusted relationships with institutional managers and hedge funds will prove to be a great complement to the audience that we serve, and the services that we provide.”    

“This is a rare opportunity for me to focus on what I do best and enjoy the most; executing orders for institutional managers that depend on objectivity and personal service in the course of their navigating the options markets and managing risk-oriented portfolios,” said Markowitz.

WallachBeth Capital operates on a fully-disclosed, agency-only basis while serving the needs of institutional managers, premiere hedge funds, sell-side trading desks, and sophisticated professionals trading in the wide-spectrum of exchange-listed equity options, listed and OTC equities, ETF’s, and non-U.S. equities.


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