About Cowen Execution Holdco LLC
Convergex positions itself at the point where technology and trading converge for institutional investors. Products include the Convergex execution management system and the LiquidPoint options technologies platform. It serves such clients as asset managers, hedge funds, broker-dealers, and financial intermediaries. Through subsidiary Westminster Research Associates the company offers broker-dealer services. Convergex was founded in 2006 as
Convergex operates from a dozen offices in major US cities and one in London.
Sales and Marketing
Convergex tallies some 3,000 customers such as investment advisers, hedge funds, mutual funds, plan sponsors, endowment funds, Taft-Hartley plans, sovereign wealth funds, trust banks, family offices, separately managed accounts, broker-dealers, exchanges and other marketplaces, alternative trading systems, and investment banks.
Convergex continually updates products and services with new features including the expansion of its futures execution and clearing services, and adding fully paid lending. A new 'stealth' small cap algorithm released in 2016 was designed to maximize liquidity in traditionally illiquid stocks.
The firm bolstered its European operations by expanding its London staff.
Convergex's owner, CTGR, merged Dash Financial, an options and equity trading technology developer, with LiquidPoint, Convergex's options trading and technology business. The new firm will be independent of Convergex.
599 Lexington Ave FL 20
New York, NY 10022-7773
Phone: 1 (646) 562-1010
Employer Type: Privately Owned
Vice Chairman and COO: Charles E. Rappold
Managing Director and Head of Electronic Execution, Convergex Execution Solutions: Oliver Sung
Chairman and CEO: Joseph M. Velli
Employees (This Location): 630
Employees (All Locations): 657
New York, NY