Cowen Acquires Algorithmic Trading Management

jeff-solomon-cowen
Jeff Solomon, Cowen and Company

Financial services company Cowen Group has agreed to acquire Algorithmic Trading Management (ATM), a provider of global, multi-asset-class algorithmic execution trading models.

ATM will continue to operate as a separate financial technology business offering broker-neutral services to existing and future clients. Douglas Rivelli, co-head of quantitative trading solutions at Cowen, will serve as CEO of ATM.

"This strategic decision is strongly aligned with our efforts over the past year to

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