Amid rising cost pressures active managers must use events-based strategies to defend their patch against the growing passive market segment, said Cowen’s Mark Kelly.
Annabel Smith speaks with the intimate community that covers US equities markets out of the UK and Europe, exploring everything from execution and desk configuration to turnover and people moves.
New hire sees Credit Suisse tap Citi again after adding two risk arbitrage traders from the investment bank in 2019.
James Baugh has been appointed head of European market structure at Cowen after serving for nearly five years at Citi, The TRADE can reveal.
Participants in The TRADE’s recent outsourced trading webinar answer some of the questions from the audience.
Two buy-siders will join Cowen’s global capital introduction team which services its prime brokerage and outsourced trading clients.
Through an agreement with Cowen, a subset of its clearing business will transition onto RBC’s Clearing and Custody platform.
The two credit traders joining Cowen have both previously worked on the buy- and sell-side in senior trading positions.
The order and execution management system from TORA will be used by Cowen’s fixed income outsourced trading business across the US, Europe and Asia.
Algo trading solution from Cowen aims to address market dynamics driven by increased retail trading volumes which impact execution.