KCG Appoints Eric Laumann as Head of Its Risk Arbitrage Team
- KCG Holdings, Inc. has launched a risk arbitrage group, headed by Eric Laumann.
KCG Holdings, Inc. (NYSE: KCG) has launched a risk Arbitrage Arbitrage Arbitrage is defined as the practice of taking advantage of a price difference between two or more markets.In particular, this involves the simultaneous buying and selling of securities, currencies, cryptos, or commodities in different markets. Arbitrage has the effect of causing prices of the same or very similar assets in different markets to converge over time.In order for arbitrage to occur, there must be a uniform set of conditions that need to be met. For example, the same asset does not t Arbitrage is defined as the practice of taking advantage of a price difference between two or more markets.In particular, this involves the simultaneous buying and selling of securities, currencies, cryptos, or commodities in different markets. Arbitrage has the effect of causing prices of the same or very similar assets in different markets to converge over time.In order for arbitrage to occur, there must be a uniform set of conditions that need to be met. For example, the same asset does not t Read this Term group, part of a new offering focusing on expert regulatory and event arbitrage-related analysis – Eric Laumann will head the group. The newly launched group will include a team of several specialists, including Eric Laumann as KCG’s newest Head of Risk Arbitrage. Additionally, the new team will also include Jason King veteran trader Louis Juliano. In his new role as KCG’s Head of Risk Arbitrage, he will focus on arbitrage-related services and civil litigation. He joins KCG from Millennium Partners, having worked as its risk arbitrage co-portfolio manager, which is part of the two decades of experience he has garnered in similar roles at stops such as Credit Suisse and Bear Stearns.
According to Greg Tusar, Co-Head of KCG's Global Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term Services and Platforms, in a recent statement on the appointment, "Whether it's executing a trade, tailoring an algorithmic strategy or evaluating execution quality venue by venue, our clients look to us for market expertise and smart solutions. With the addition of a dedicated risk arbitrage group, we can provide an additive analysis and trading offering to current clients and reach new clients, as well." “In today's investment environment, clients are constantly looking for deeper analysis of events and their outcomes. A special situation can have a significant impact on a clients' strategy, portfolio or fund. Managing and optimizing event related risk is critical. Our offering is a fitting complement to the range of services KCG currently provides clients and I am looking forward to leading this exciting new offering,” added Mr. Laumann in an accompanying statement.
KCG Holdings, Inc. (NYSE: KCG) has launched a risk Arbitrage Arbitrage Arbitrage is defined as the practice of taking advantage of a price difference between two or more markets.In particular, this involves the simultaneous buying and selling of securities, currencies, cryptos, or commodities in different markets. Arbitrage has the effect of causing prices of the same or very similar assets in different markets to converge over time.In order for arbitrage to occur, there must be a uniform set of conditions that need to be met. For example, the same asset does not t Arbitrage is defined as the practice of taking advantage of a price difference between two or more markets.In particular, this involves the simultaneous buying and selling of securities, currencies, cryptos, or commodities in different markets. Arbitrage has the effect of causing prices of the same or very similar assets in different markets to converge over time.In order for arbitrage to occur, there must be a uniform set of conditions that need to be met. For example, the same asset does not t Read this Term group, part of a new offering focusing on expert regulatory and event arbitrage-related analysis – Eric Laumann will head the group. The newly launched group will include a team of several specialists, including Eric Laumann as KCG’s newest Head of Risk Arbitrage. Additionally, the new team will also include Jason King veteran trader Louis Juliano. In his new role as KCG’s Head of Risk Arbitrage, he will focus on arbitrage-related services and civil litigation. He joins KCG from Millennium Partners, having worked as its risk arbitrage co-portfolio manager, which is part of the two decades of experience he has garnered in similar roles at stops such as Credit Suisse and Bear Stearns.
According to Greg Tusar, Co-Head of KCG's Global Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term Services and Platforms, in a recent statement on the appointment, "Whether it's executing a trade, tailoring an algorithmic strategy or evaluating execution quality venue by venue, our clients look to us for market expertise and smart solutions. With the addition of a dedicated risk arbitrage group, we can provide an additive analysis and trading offering to current clients and reach new clients, as well." “In today's investment environment, clients are constantly looking for deeper analysis of events and their outcomes. A special situation can have a significant impact on a clients' strategy, portfolio or fund. Managing and optimizing event related risk is critical. Our offering is a fitting complement to the range of services KCG currently provides clients and I am looking forward to leading this exciting new offering,” added Mr. Laumann in an accompanying statement.