Jefferies has appointed Joram Siegel as managing director, head of fixed income outsourced trading.
Siegel joins Jefferies from Marex, where he spent the last four months serving as head of fixed income outsourced trading. He joined Cowen as managing director for fixed income outsourcing in February 2022, transitioning to commodities specialist Marex as part of the sale of Cowen’s outsourced trading and prime brokerage business at the end of last year.
Jefferies declined to comment and Marex had not responded to a request for comment at the time of publishing.
Previously in his career, Siegel served as head of European credit sales and trading at MUFG, as well as head of investment grade credit trading at RBC Capital Markets. Other previous tenures include credit trading roles at both Barclays Investment Bank and Credit Suisse.
Earlier this week, The TRADE reported that former head of emerging markets and outsourcing at Aurel BGC, John Orrock, had been named head of fixed income outsourced trading at Marex – replacing Siegel – alongside several other senior appointments in the division.