Esposito Securities Seeds Its First ETF

DALLAS, July 14 /PRNewswire/ -- Esposito Securities is proud to be seeding its first ETF with 2 creation units totaling $2.5M of the Mars Hill Global Relative Value ETF. The NYSE Euronext announced that on Friday, July 9, 2010, the "GRV" ETF was listed on NYSE Arca and began trading as a new issue. The Consolidated Tape Association (CTA) will disseminate real time trade and quote information for the ETF to Tape B.

"Seeding GRV sets the tone for future activities of Esposito Securities. We will be more aggressively pursuing seeding opportunities," states Mark Esposito, CEO.

The foray of Esposito Securities into ETF activity speaks to the strategic direction of Esposito to provide across the board trading services for its clients. Esposito Securities, LLC is a part of the Esposito Global family, and provides global equity trading services. A growing list of clients use our services, including registered investment advisors, mutual funds, hedge funds, ETFs, closed end funds and unit investment trusts with trillions of dollars in assets.

The benchmark of Esposito is a commitment to customer service.

Contact any of our New York team at 212.202.0762 or visit our website at www.espositoglobal.com for more information.

SOURCE Esposito Securities, LLC