Outset Global grows outsourced trading desk with buy-side veteran in New York
Edward McCabe joins Outset Global in New York after leading global equity trading for JP Morgan’s Highbridge Capital Management.
Edward McCabe joins Outset Global in New York after leading global equity trading for JP Morgan’s Highbridge Capital Management.
Survey of 300 global asset managers by Northern Trust found 85% have outsourced or are interested in outsourcing their trading desk.
Nick Johnston joins the outsourced trading provider after heading up European sales trading for ITG, now part of Virtu, since 2015.
Outsourced trading has continued to see increased demand from funds in light of the recent volatility and surge in trading volumes.
Mark Mazor and Joe Zonenshine join the outsourced trading desk at TORA with a combined 30 years of trading experience.
Copley Equity Partners has invested in outsourced trading provider Tourmaline amid growing demand for its services from asset managers.
The global pandemic is likely to cause a spike in outsourcing and according to custodian banks the biggest trend so far has been towards their outsourced trading services.
Front-to-back partnership and outsourced trading service with CACEIS at Amundi marks the first to be offered by a major buy-side firm.
Cowen has hired the two former co-heads of foreign exchange, commodities and futures and BTIG to lead the expanded service.
LSE technology sales veteran, Justin Hudson, and former quant trader at Millennium Capital Management, Emmett Cawley, have joined BTON in senior roles.