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Jefferies to boost outsourced trading team
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Jefferies to boost outsourced trading team
Jefferies Financial Group is adding more than a dozen traders to build out its outsourced trading desk, particularly in fixed income, amid a boom in demand from hedge funds and other asset managers, according to a report by Bloomberg. The hiring spree follows UBS Group’s surprise exit from outsourced trading earlier this year, creating an opening that firms including Jefferies, Clear Street, and Cantor Fitzgerald are racing to fill. Jefferies ha…
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