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.
Former Cowen prime brokerage executives set up new US business at INTL FCStone.
Bobby Croswell, managing director of outsourced trading at BITG, has joined Cowen in the same role to build out the business globally.
Ann Neidenbach joins LSEG as CIO for shared services and will move to London from New York in September.
Hires of former Goldmans and Deutsche traders to boost Cowen’s electronic trading.