Moelis Australia 麻豆传媒 and Weeden & Co cross-pollinate
09 July 2013 Sydney
Image: Shutterstock
Moelis Australia 麻豆传媒 and Weeden & Co, a US institutional equity and fixed income broker, will ally to promote each company鈥檚 broker-dealer offering to each other鈥檚 institutional clients.
The alliance creates the opportunity to offer reciprocal broker-to-broker execution services and, subject to Financial Industry Regulatory Authority approval, for Weeden & Co to distribute Moelis Australia 麻豆传媒鈥檚 equity research and capital markets transactions into US institutions.
Weeden & Co has hired Matthew McCloghry as a managing director, selling Australian securities to US institutions. Prior to this appointment, he worked as an equity salesman for Moelis Australia 麻豆传媒, in Sydney, for five years.
Lance Lonergan, Co-CEO at Weeden & Co, said: 鈥淭his partnership will provide client access to capital markets transactions, cutting edge research, and global best execution capabilities. By leveraging our respective franchises, we鈥檙e providing institutional clients with unique products and world class service.鈥�
Simon Scott, managing director at Moelis Australia 麻豆传媒 in Sydney, said: 鈥淲e are excited to partner with a highly regarded US broker-dealer that has deep and long-standing relationships with a wide range of US institutional clients. In addition, Weeden is known for excellence in global execution and that is a new service we can offer to Moelis鈥� Australian customers that want to invest outside of our home market.鈥�
The alliance creates the opportunity to offer reciprocal broker-to-broker execution services and, subject to Financial Industry Regulatory Authority approval, for Weeden & Co to distribute Moelis Australia 麻豆传媒鈥檚 equity research and capital markets transactions into US institutions.
Weeden & Co has hired Matthew McCloghry as a managing director, selling Australian securities to US institutions. Prior to this appointment, he worked as an equity salesman for Moelis Australia 麻豆传媒, in Sydney, for five years.
Lance Lonergan, Co-CEO at Weeden & Co, said: 鈥淭his partnership will provide client access to capital markets transactions, cutting edge research, and global best execution capabilities. By leveraging our respective franchises, we鈥檙e providing institutional clients with unique products and world class service.鈥�
Simon Scott, managing director at Moelis Australia 麻豆传媒 in Sydney, said: 鈥淲e are excited to partner with a highly regarded US broker-dealer that has deep and long-standing relationships with a wide range of US institutional clients. In addition, Weeden is known for excellence in global execution and that is a new service we can offer to Moelis鈥� Australian customers that want to invest outside of our home market.鈥�
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