The acquisition will boost Toronto-based TD’s US expansion plans, creating an integrated North American dealer.
The new solution offered by Enfusion has been backed by Cowen, which has been named the first partner to offer the OEMS to its client base.
New co-head joins from Cowen, where he served as director of prime brokerage and outsourced trading.
SS&C Eze will provide clients with improved broker-agnostic access to institutional liquidity across the market.
New division offers full trade execution and custody service with plans to include derivatives and futures, DeFi and NFT access in the future.
New managing director will support Cowen’s fixed income expansion efforts in Europe and Asia after launching its offering in the asset class at the start of last year.
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.
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.