Jefferies selects Marex’s Joram Siegel for brand spanking new head of fastened revenue outsourced buying and selling

Jefferies has appointed Joram Siegel as managing director, head of fastened revenue outsourced buying and selling.

Siegel joins Jefferies from Marex, the place he spent the final 4 months serving as head of fastened revenue outsourced buying and selling. He joined Cowen as managing director for fastened revenue outsourcing in February 2022, transitioning to commodities specialist Marex as a part of the sale of Cowen’s outsourced buying and selling and prime brokerage enterprise on the finish of final yr.

Jefferies declined to remark and Marex had not responded to a request for remark on the time of publishing.

Beforehand in his profession, Siegel served as head of European credit score gross sales and buying and selling at MUFG, in addition to head of funding grade credit score buying and selling at RBC Capital Markets. Different earlier tenures embody credit score buying and selling roles at each Barclays Funding Financial institution and Credit score Suisse.

Earlier this week, The TRADE reported that former head of rising markets and outsourcing at Aurel BGC, John Orrock, had been named head of fastened revenue outsourced buying and selling at Marex – changing Siegel – alongside a number of different senior appointments within the division.

Learn extra: Former JP Morgan AM rising markets specialist amongst new hires at Marex because it bolsters fastened revenue outsourced enterprise