EQUITY EXECUTION

Domestic and Foreign Equities Desk

I.A.Englander delivers quality equity execution at low cost for our institutional clients. We utilize state of the art execution technology to access available pools of liquidity, including all exchanges and most ECNs. Drawing on years of experience Englander’s sales traders may employ special handling of clients’ orders in less liquid markets.

Our international desk has connectivity to most foreign markets, offering competitive FX rates in all currencies. Our trades are settled by Broadcort Correspondent Clearing, a division of Merrill Lynch.

For more information please contact:

Special Situation/Event Driven Arb Desk

Trading and Execution
Trading and execution is core to delivering value to our clients. Our platform combines experienced and knowledgeable equity and listed option traders who are supported by a fully integrated systems infrastructure complete with the most current technology. The event team focus is merger arbitrage, tender offers, LBO's, Dutch auctions, paired trading, spin-offs, exchange offers and other such arbitrage opportunities. Our extensive floor operation on all the major option exchanges combined with our upstairs coverage of market makers offers a tremendous advantage to achieve best execution for our institutional clients.

Strategy and Research
Our department provides strategy and actionable trading ideas geared toward the event-driven, special situations hedge fund and institutional investor. In addition to the more traditional corporate event situations, we assist our clients with portfolio hedging using S&P index options, stock replacement using listed options and dollar neutral long/short paired trading.  

We publish a morning note titled, "Event Driven News & Special Situations", that is available upon request to institutional clients by emailing riskarb@iaenglander.com

Team Leadership

              • Doug Cummins - 212-841-4448 dcummins@iaenglander.com
                Doug Cummins heads up the team and has over 10 years experience trading event-driven arbitrage-related special situations, in both equities and listed options. Mr. Cummins received his BBA in Economics from The University of Iowa and joined I.A. Englander in August of 2006.
          • David Circle - 212-841-4531 dcircle@iaenglander.com
            David Circle has over 15 years experience trading risk arbitrage, convertibles and special situations. Mr. Circle received a BBA in Finance from The University of Vermont. David joined I.A. Englander in January of 2008.
          • Raj Sinha -212-841-4565 rsinha@iaenglander.com
            Raj Sinha has over 20 years experience trading risk arbitrage, convertibles and special situations. Mr Sinha received his BA in  Economics and Biology from  M.I.T. and his MBA  and MD from  The University of Chicago. Raj joined I.A. Englander in April 2008.

 

Israel A. Englander & Co.
666 Fifth Avenue
New York, NY 10103
212-841-4500

IAEnglander – Members of Finra and Sipc

Characteristics and Risks
of Standardized Options