Cowen’s approach to the Institutional Sales and Trading business is one where we look to be regarded as product specialists from research to the end point of execution.

Cowen’s sector based approach provides our clients with access to a trading desk groomed to think critically. Our clients view our traders and sales traders as product specialists. 

We are a registered market maker in over 1,500 domestic equity securities and are backed by a highly integrated state of the art electronic trading platform.

Our trading team professionals provide our clients with liquidity to provide “best execution” and offer multiple execution venues in both high and low touch areas.

Sales  
Cowen’s Institutional Salesforce is comprised of approximately 50 professionals with offices in New York, San Francisco, Chicago, Boston, London and Geneva.

We have also implemented a highly successful “Middle Markets” strategy, with some satellite offices in Atlanta, Dallas and Cleveland with a view to providing a high quality regional distribution of the Cowen research brand.

Cowen’s Salesforce consistently scores well in Institutional surveys and is regarded as “best of breed” particularly in Healthcare and Aerospace and Defense.  Both Institutional Investor and Greenwich have ranked our sales team in their Top 3 for many years in penetration in those two verticals.

Derivatives
Cowen’s research universe is comprised mostly in the growth arena and as such our idea generation is perfect for the options market.

Many of our clients will take our specialized research and will construct investment theses using both stock and options.

The use of derivative products enabled many of our clients to enhance returns on some of their investments and conversely can be used as a defense mechanism.

Our specialized options desk provides both an execution and idea generation venue for our clients in the fastest growing market in the world.

Client Services (CSA, Soft Dollars)

Cowen is a leading provider of soft-dollar directed commission and commission recapture services to institutional clients.  Clients utilize Cowen through either a traditional soft-dollar relationship or commission sharing agreement (CSA) to pay for brokerage and third-party research services.

For more information, contact Mary Sadrakula at 646-562-1510.