Integration will offer additional market structure visibility and provide clients with access to liquidity opportunities, Cowen said.
Tag: Cowen Execution Services
Following Brussel’s recent changes to MiFID II in November and with the results of the UK’s Wholesale Markets Review due to come into play early next year, these participants expect regulatory divergence to take centre stage in 2022.
The launch includes its dark liquidity seeking routing logic, as Cowen looks to expands services across Europe.
Deutsche Bank’s head of EMEA execution services Matt Cyzer has been named CEO of Cowen Execution Services, with six of his colleagues also joining the broker-dealer.
Formerly Convergex, Cowen Execution Services submitted incomplete data due to coding errors, according to the SEC.