Institutions and hedge funds now have a real choice for liquidity, execution quality, and client service.
Critical to the execution of a hedging strategy is the ability to access both the equity security and related high yield instruments. JonesTrading enables both institutions and hedge funds to execute complex strategies in both equity and debt, to assure a more robust opportunity for alpha.
A Large Network for Generating Liquidity
Our 80-plus sales traders nationwide work a client base comprised of the largest buy side firms in the U.S. that are active in debt issues. Using this huge base of touch points JonesTrading enables institutions to source liquidity in debt issues and to execute trades which are essential to a strategy, but which otherwise might not have occurred.
An Agency Model for Debt Execution
Unlike other firms, JonesTrading's sole business is trade execution. JonesTrading is compensated for execution only, not for internal P&L on its book. In all its transactions, JonesTrading is matching buyers and sellers and thus never is in conflict with a clients’ strategy. In fact, JonesTrading’s model is completely dependent on achieving its clients’ interest.
Performance Based on Trust
This sole focus on client interest applies as well to JonesTrading’s careful guarding of client information, which is of particular importance in debt trading. As the distressed debt group creates trades, it never reveals the name, intent, or strategy. This has become ever more important in today’s tight-spread trading model.
We would like to have a further conversation. Please contact Mr. Kerry Stein at 1.800.409.9001.