Cowen Strengthens Electronic and Program Trading Teams With New Hires

Source: Finance Magnates 2020-07-14

Financial services firm Cowen today announced several key hires and a significant product enhancement in response to strong growth at UK-headquartered Cowen Execution Services Limited (“CESL”), a non-conflicted trading platform providing execution services in more than 100 markets worldwide over afull range of multi-asset capabilities.

Since launching with an experienced team of trading professionals in October 2019, CESL has seen impressive growth in the depth and breadth of trading on its platform, already executing $75 billion in non-dollar trades, according to the firm.

Matt Cyzer, CEO of CESL, said that over the past four months, as the pandemic has caused such volatility in global markets, institutional clients have consistently turned to Cowen, resoundingly validating the firm’s core, collaborative culture and value proposition.

Adding significant talent

“Today, more than ever, trust and execution quality matter most in any trading platform and Cowen’s growth at this time is testimony to both aspects being at the heart of our franchise. We are completely committed to unconflicted execution, unique electronic trading products and a team of professionals utterly dedicated to serving our clients’ best interests. We are excited by this momentum and the opportunity to add significant new talent to our platform, across both our electronic and high touch trading businesses, and to integrating new sources of liquidity,” Cyzer noted.

Further strengthening Cowen’s portfolio trading capabilities, Kenneth Kane and Colleen Schlachter have joined the firm as managing director and director, respectively, both reporting to Jason Oien, head of global electronic trading and portfolio trading.

Critesh Patel has also joined the firm as director, head of execution consultancy, Europe, reporting to Tom Campbell, head of European electronic trading, and Jack Gold, head of research and development, electronic trading, to further deepen Cowen’s electronic trading capabilities and platform.

Kane and Patel are based in London, Schlachter in New York. Additionally, Ross Duncan will be joining the firm as director, further strengthening Cowen’s client coverage capabilities. He will report to Carl Hayes, head of EMEA sales trading, and be based in London.

Cowen Execution Services Limited

Cowen Strengthens Electronic and Program Trading Teams With New Hires

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