Cowen appoints first head of fixed income outsourced trading
07 January 2021 US
Image: Joram Siegel
Cowen, the financial services firm, has appointed Joram Siegel as its first head of fixed income and outsourced trading.
Siegal, who is based in New York, joins the division as managing director and takes on the newly-created role as part of Cowen鈥檚 expansion of its outsourced trading team.
He will report to Michael Rosen and Jack Seibald, global co-heads of prime brokerage and outsourced trading.
Siegel brings more than 20 years of experience in credit markets to Cowen and spent the past six years at Mitsubishi UFJ Financial Group in New York and London, where he most recently served as managing director, head of credit Americas and global credit coordinator.
Prior to that, Seigel served as RBC Capital Marketshead of investment grade credit trading for seven years.
Before RBC, he spent three-and-a-half-years as a credit trader for Barclays, and before then he spent just shy of four years at Credit Suisse as a credit trader.
Seibald says: 鈥淛oram鈥檚 deep skill set and years of experience in the credit markets make him a great fit for our outsourced trading team. His buy-and-sell-side expertise and extensive knowledge in implementing credit trading technologies will support our ongoing mission to help clients outperform and deliver the trading solutions that they need to achieve their goals.鈥�
Rosen adds: 鈥淭his is yet another critical addition to our team, signifying our ongoing commitment to recruit talent with diverse experience so we can better support our clients. Joram鈥檚 broad network of contacts and industry insight will be a valuable addition to Cowen鈥檚 global platform and we are thrilled to have him joining the outsourced trading team.鈥�
Commenting on his new role, Seigel says: 鈥淐owen鈥檚 outsourced trading business is well-regarded for its track record of providing exceptional, customisable service to its clients. I look forward to working with the Cowen team and leveraging the strength of the company鈥檚 platform to introduce new strategies and initiatives within fixed income.鈥�
Siegal, who is based in New York, joins the division as managing director and takes on the newly-created role as part of Cowen鈥檚 expansion of its outsourced trading team.
He will report to Michael Rosen and Jack Seibald, global co-heads of prime brokerage and outsourced trading.
Siegel brings more than 20 years of experience in credit markets to Cowen and spent the past six years at Mitsubishi UFJ Financial Group in New York and London, where he most recently served as managing director, head of credit Americas and global credit coordinator.
Prior to that, Seigel served as RBC Capital Marketshead of investment grade credit trading for seven years.
Before RBC, he spent three-and-a-half-years as a credit trader for Barclays, and before then he spent just shy of four years at Credit Suisse as a credit trader.
Seibald says: 鈥淛oram鈥檚 deep skill set and years of experience in the credit markets make him a great fit for our outsourced trading team. His buy-and-sell-side expertise and extensive knowledge in implementing credit trading technologies will support our ongoing mission to help clients outperform and deliver the trading solutions that they need to achieve their goals.鈥�
Rosen adds: 鈥淭his is yet another critical addition to our team, signifying our ongoing commitment to recruit talent with diverse experience so we can better support our clients. Joram鈥檚 broad network of contacts and industry insight will be a valuable addition to Cowen鈥檚 global platform and we are thrilled to have him joining the outsourced trading team.鈥�
Commenting on his new role, Seigel says: 鈥淐owen鈥檚 outsourced trading business is well-regarded for its track record of providing exceptional, customisable service to its clients. I look forward to working with the Cowen team and leveraging the strength of the company鈥檚 platform to introduce new strategies and initiatives within fixed income.鈥�
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