DALLAS, June 11, 2013 /PRNewswire/ -- Mark Esposito and Esposito Global will be ringing the opening bell of the New York Stock Exchange to announce the listing of the new PureShares Exchange Traded Funds. Esposito's strategic push into Exchange Traded Funds has been driven by our clients' requests for us to offer an array of financial services. Our growth has been fueled by our unmatched dedication to fill our clients' previously unmet needs through core competencies with innovative processes and the implementation of creative technological platforms.
Ringing the opening bell of the New York Stock Exchange at 9:30 a.m. EDT Monday through Friday is a nationally televised event. In 1871, the Exchange eliminated the gavel and replaced it with a Chinese gong to kick off each day's trading. In 1903, with the move to its current Wall Street location, the NYSE adopted a shiny, electrically operated bell. Although guests started making podium appearances in 1956, ringing the bell had largely been the task of the Exchange floor managers. In 1995, the NYSE discovered the marketing impact potential, and the bell ringing tradition was changed forever. Today, most of the ten weekly bell-ringing affairs are performed by guests.
"It is an amazing opportunity to be a part of Wall Street's largest stage," says Mark Esposito. Esposito and his team have been invited by PureShares to ring the opening bell on the morning of Tuesday, June 11th, 2013. Mark strongly notes, "Esposito is proud of our association with PureShares and Factor Advisors, and we feel honored to be a part of this great tradition." The funds are named PureFunds ISE Diamond/Gemstone ETF, PureFunds ISE Mining Service ETF, and PureFunds ISE Junior Silver ETF and trade under the NYSE ticker symbols GEMS, SILJ, and MSXX respectively.
Esposito Securities, LLC and Esposito Partners, LLC act as both Statutory Seed and Sub-Advisor for the funds. Both draw from a wide range of different experiences and backgrounds to provide "best in class" service. We have many existing relationships with clients that have experienced a mutual benefit from designating our firms as strategic relationships. Working closely with the ETF's custodian and trustee, we have developed processes designed to minimize the costs and tracking errors in order to optimize the efficiencies associated with domestic and global multi-asset class ETFs. The benchmark of the Esposito Companies is a commitment to customer service.
To view the video: https://www.youtube.com/watch?v=9daPq6IPAKk
SOURCE Esposito Securities, LLC
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