MUFG credit veteran joins Cowen to head up fixed income outsourced trading
Cowen names new managing director of fixed income outsourced trading, snapping up MUFG credit executive.
Cowen names new managing director of fixed income outsourced trading, snapping up MUFG credit executive.
Following a collapse in risk pricing and models during the market disconnect in 2020, Annabel Smith explores the ripple effect in the cash and futures markets.
The acquisition of MHT Partners investment bank, subject to FINRA approval, comes as Cowen looks to expand coverage of middle-market companies.
Deutsche Bank's former head of prime brokerage Americas sales joins Cowen to bolster global securities finance division.
Matthew Penfold joins Cowen in London as a US sales trader after more than nine years with Macquarie in a similar role.
Four traders have joined Cowen Execution Services as the broker-dealer looks to strengthen its portfolio trading talent.
Cowen has hired a former prime services executive from Morgan Stanley, JP Morgan and Cantor Fitzgerald to boost its New York sales team.
Cowen has hired the two former co-heads of foreign exchange, commodities and futures and BTIG to lead the expanded service.
Takeover comes just weeks after GPP said it would shutter its prime brokerage business as profit margins were contracting.
The launch includes its dark liquidity seeking routing logic, as Cowen looks to expands services across Europe.