ConvergEx

AFTAs 2017: Best IT Integration Initiative—Cowen

When Cowen announced that it was acquiring Convergex in April 2017, it was looking for a swift close to the deal—in just three months, the agency broker would become a full part of its new parent, renamed and rebadged to reflect that change. For CIO Ann…

Broker Commissions: The Great Unbundling Bungle

Handling sell-side research and commissions has typically been a mundane and relatively simple function for investment managers. But regulatory authorities in Europe are about to turn the process upside down with a little-known but potentially impactful…

ConvergEx Launches IEX Order Routing Strategy

New York-based broker ConvergEx Group has launched a dynamic order routing strategy developed in collaboration with IEX that will allow its clients to split their orders between IEX’s Alternative Trading System (ATS) and ConvergEx's Darkest algorithm.