Cowen Inc., , announced this week that it has expanded the responsibilities of Eric M. Rose, who has been with the company since 2017, appointing him as Managing Director and Head of Derivatives Trading.
In this expanded role, Rose will be in charge of the oversight of the ongoing growth of Cowen’s derivatives trading capabilities and platform. He will remain based in New York and will continue to report to Kyle Solomon, Managing Director and Head of Alternative Equity Strategies and Drew Forman, Managing Director and Head of Derivatives.
Rose joined Cowen back in 2017 as Managing Director and Senior Derivatives Trader. In this position, he focused on single-stock trading as well as risk arbitrage and event-driven situations, the company said in the statement published on Tuesday.
Commenting on the appointment, Kyle Solomon said in the statement: “Eric is an industry veteran with a deep knowledge of derivatives markets and trading and a dedication to providing our clients a consistently positive experience.”
“Derivatives are viewed increasingly as essential instruments for risk management and alpha generation. As part of the full Cowen platform, Eric and his team play an important part in delivering outperformance for our customers,” added Drew Forman in the statement.
Rose joined Cowen from Jefferies
Before he was working at Cowen, Rose was , where he directed equity derivatives trading and risk management for the healthcare and event/special situation sectors.
During his career, Rose was an equity derivatives trader at CIBC World Markets/ Oppenheimer. He was also a Director of Trading at Cathay Financial and an options trader at Prudential Equity Group.
“I am excited to expand my role within the world-class Derivatives and Event Driven Strategies team at Cowen,” Rose commented in the statement. “I look forward to continue building out this critical part of the business. Leveraging the strength of Cowen’s differentiated platform, order flow and trading relationships, we see additional opportunities to support our clients’ needs moving forward.”
Be First to Comment