Cowen Digital Expands Institutional Sales Team with Crypto Hires

Jackie Rose and Chase Campbell join existing members of
Cowen Digital team Keith Coyne, Head of Strategy and Product, and Senior
Salesperson Kyrill Firshein.

Chase Campbell will join Cowen as VP of digital asset sales.
Before this, he worked at Coinbase as an institutional sales associate, His
experience of serving U.S. clients across traditional finance products and
crypto companies will be handy. While Keith Coyne, former director at Paxos,
has dual expertise in digital assets and traditional industry.

Senior Salesperson Kyrill Firshein who has over two decades of experience in digital assets and emerging markets is another member. Other hires include Digital data Scientist David Kroger, Digital Asset Associate Nolan Aibel, and Analyst Juan Velez.

Drew Forman, the Head of Cowen Digital, commented: “We are delighted to welcome Jackie Rose and Chase Campbell onto our team to harness the experience they bring from both the crypto-native and institutional sides of the industry. Cowen Digital sits at the intersection of traditional and decentralized finance, providing a trusted bridge between the two. These new hires bolster our existing team as we continue to develop the business and expand into new growth areas.”

Eric Rose, the Head of Execution, added: “Cowen Digital is actively hiring and expanding our team in a strategic build over the next 5 years. Despite recent volatility
Volatility

In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders can be successful in both low and high volatile environments, but the strategies employed are often different depending upon volatility. Why Too Much Volatility is a ProblemIn the FX space, lower volatile currency pairs offer less surprises, and are suited to position traders.High volatile pairs are attractive for many day traders, due to quick and strong movements, offering the potential for higher profits, although the risk associated with such volatile pairs are many. Overall, a look at previous volatility tells us how likely price will fluctuate in the future, although it has nothing to do with direction.All a trader can gather from this is the understanding that the probability of a volatile pair to increase or decrease an X amount in a Y period of time, is more than the probability of a non-volatile pair. Another important factor is, volatility can and does change over time, and there can be periods when even highly volatile instruments show signs of flatness, with price not really making headway in either direction. Too little volatility is just as problematic for markets as too much, we uncertainty in excess can create panic and problems of liquidity. This was evident during Black Swan events or other crisis that have historically roiled currency and equity markets.

In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders can be successful in both low and high volatile environments, but the strategies employed are often different depending upon volatility. Why Too Much Volatility is a ProblemIn the FX space, lower volatile currency pairs offer less surprises, and are suited to position traders.High volatile pairs are attractive for many day traders, due to quick and strong movements, offering the potential for higher profits, although the risk associated with such volatile pairs are many. Overall, a look at previous volatility tells us how likely price will fluctuate in the future, although it has nothing to do with direction.All a trader can gather from this is the understanding that the probability of a volatile pair to increase or decrease an X amount in a Y period of time, is more than the probability of a non-volatile pair. Another important factor is, volatility can and does change over time, and there can be periods when even highly volatile instruments show signs of flatness, with price not really making headway in either direction. Too little volatility is just as problematic for markets as too much, we uncertainty in excess can create panic and problems of liquidity. This was evident during Black Swan events or other crisis that have historically roiled currency and equity markets.
Read this Term in the sector, we continue to see growth and investment opportunities for the long term. We are excited to have Jackie and Chase joining our highly-experienced team to help execute this vision.”