Global Clearing Solutions

Cowen Execution Services LLC (“Cowen”) successfully clears and settles client transactions in more than 90 countries, drawing on extensive experience and resources. Cowen offers U.S. and international clearing services for Broker-Dealers and Financial Intermediaries with a commitment to exceptional customer service.

 

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Global Trade Execution

High-touch & electronic trading capabilities through a dedicated Global Clearing Trading Desk

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Global Clearing & Settlement

Advanced, global clearing and settlement capabilities in established and emerging markets

Securities and Equity Finance Icon
Securities Lending & Equity Finance

Quality of relationships & accessibility

Global Trade Execution

Cowen’s dedicated Global Clearing Trading Desk is accessible and available to assist clients through our electronic and high-touch services. Cowen’s experience, advanced technology and access to diverse sources of liquidity help to deliver consistent, performance-driven results in over 100 market centers worldwide.

Key Features

  • Sophisticated infrastructure for electronic and high-touch orders
  • High-touch service model can act as an extension of a client’s trading desk

  • Clearing and settlement in more than 90 international markets
  • Over 25 years of experience in electronic and high-touch trading

Global Clearing & Settlement

Cowen provides one of the most cost-effective, efficient and client-focused global clearing platforms in the industry. Clients benefit from a wide range of resources and innovative clearing services.

Key Features

  • Clearing relationships with premier clearing and custody providers in each market
  • Industry leading straight-through-processing and pre-matching
  • Highly efficient and scalable global clearing architecture
  • Ranking in the top 10 of our peer group for clearing by Depository Trust Corporation (DTC)
  • OMGEO Oasys and CTM interfaces for seamless, real-time allocations

Personal Client-Service & Experience

  • More than 15 years of experience in electronic trading and settlement in over 90 international markets
  • A dedicated operational and client services staff available with a single point of contact on the desk
  • 98% affirmation of all U.S. trades on trade date
  • Clearing and processing millions of trades (and shares) daily for institutional agency broker-dealers, ATSs, proprietary trading firms and market makers

Advanced Technology

  • Sophisticated post-trade infrastructure for electronic, algorithmic access and high-touch orders
  • Quick, low cost implementation
  • Relationships with global FIX Connectivity Providers
  • Custom reporting
  • Modules and monitoring tools are embedded into the workflow of clearing products and services
  • Desktop tools provide real-time client transparency

Workflow

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Securities Lending & Equity Finance

The team of experienced professionals on Cowen’s Equities Finance desk has built solid relationships across the industry, enabling us to provide clients with solutions for their short selling needs.

Key Features

  • Access hard-to-borrow stock and almost 50 stock loan counterparties
  • Effective solutions for short-selling including innovative and time-saving locates browser that helps streamline short-selling activity
  • Equities Finance team is available to provide market analysis, allowing for smarter execution and settlement decisions
  • Anonymous access to securities markets without exposing investment or trading strategies to the market
  • Competitive Rates – Price discovery and where possible, price improvement

 

Workflow

The user-friendly “locates browser” is a secure web-based tool that allows users to request and receive locate approvals electronically. With viewable details such as security availability, locate rates and sources, the browser offers greater transparency in locate transactions.

Cowen’s Easy-to-Navigate Locates Platform

Traders work more efficiently by minimizing the time spent placing locate requests via phone, and Cowen simplifies the management of multiple transactions by listing them in one central location.

Request More Info

Global Clearing Sales US:  407.608.1906