BTIG Taps Drew Doscher as its Head of Fixed Income Credit

BTIG, a global financial services firm specializing in Institutional Trading Institutional Trading Institutional trading can be characterized as individuals or entities with the ability to invest in securities that are not available to retail traders directly.This includes specific investments such as FX forwards or swaps, among others.There are many types of players in the institutional trading space. These include central banks, retail and commercial banks, internet banks, credit unions, savings, and loan associations, investment banks, investment companies, brokerage firms, insurance compa Institutional trading can be characterized as individuals or entities with the ability to invest in securities that are not available to retail traders directly.This includes specific investments such as FX forwards or swaps, among others.There are many types of players in the institutional trading space. These include central banks, retail and commercial banks, internet banks, credit unions, savings, and loan associations, investment banks, investment companies, brokerage firms, insurance compa Read this Term, investment banking, research, and related brokerage services, has on-boarded Drew Doscher as its newest Managing Director and Head of Fixed Income Credit, with immediate effect.

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In his new role Mr. Doscher will be initiating BTIG’s newly launched distressed debt and trade claim business, helping augment the firm’s high-Yield Yield A yield is defined as the earnings generated by an investment or security over a particular time period. This is in typically displayed in percentage terms and is in the form of interest or dividends received from it.Yields do not include the price variations, which differentiates it from the total return. As such, a yield applies to various stated rates of return on stocks, fixed income instruments such as bonds, and other types of investment products.Yields can be calculated as a ratio or as a A yield is defined as the earnings generated by an investment or security over a particular time period. This is in typically displayed in percentage terms and is in the form of interest or dividends received from it.Yields do not include the price variations, which differentiates it from the total return. As such, a yield applies to various stated rates of return on stocks, fixed income instruments such as bonds, and other types of investment products.Yields can be calculated as a ratio or as a Read this Term and convertible bond capabilities. In this capacity he will be based out of the group’s New York branch, reporting to Anton LeRoy, BTIG’s Managing Director and Head of Fixed Income, Currency and Commodities (FICC).

Prior to joining BTIG, Mr. Doscher held a number of senior roles at other banks, including most recently as the Head of Distressed-Debt Trading at Jefferies. Additionally, he worked in distressed debt units at Lehman, Barclays, and UBS,

According to Mr. LeRoy in a statement on the appointment: “Drew will be instrumental in enhancing our credit offering and increasing our fixed income client coverage. His distressed-debt expertise complements our distressed equity desk, and will further strengthen the foundation our team has built to date.”

“With a long history in the credit space, Drew is a proven leader. His unique network of relationships and deep understanding of the markets will skillfully serve the needs of our growing global client base,” reiterated Steven Starker, co-founder, of BTIG in an accompanying statement.