Thomas McHugh

About Thomas McHugh

Mr. McHugh manages the firms Agency MBS, TBA, and Gestation Repo trading desks. In addition, Thomas heads the TBA & repo sales initiative for Cohen. Thomas’s responsibilities include: trading and structuring all liabilities; oversight of the trade margining and exposure to counterparties; coordination of trade settlements; cash management; and maintaining the trading and credit relationships with the broker dealer and securities lending community. Mr. McHugh is also instrumental in the negotiations of the credit terms within all trading agreementsSpecialties: TBA & MBS/ABS/CMBS/Corporate Repo trading and managing a matched repo book, structuring long term repo, trade settlement, Cash Managment, Counterparty Credit process, design of trade, margin and liability platforms and Negotiation of trade agreements (ISDA, MRA, Sec Lending, MSFTA, Prime Brokerage, Futures, Custodian)

Experience

1. Managing Director Head of Mortgage & Agency Mbs Trading

   Cohen & Company Securities, LLC.

   May 2010 — Present

   Thomas serves as a Managing Director and Head of the Mortgage & Rates Group for Cohen. Mr. McHugh manages the firms TBA & Agency MBS trading. Thomas’s responsibilities also include oversight of the matched book agency MBS repo business, trading and structuring all liabilities; oversight of the trade margining and exposure to counterparties; coordination of trade settlements; cash management; and maintaining the trading and credit relationships with the broker dealer and Securities Lending community. Mr. McHugh is also instrumental in the negotiations of the credit terms within all trading agreements.

Education

• Lycoming College

  Business Administration, Economics

  1995 — 1999

Skills

• Fixed Income
• Bonds
• Prime Brokerage
• Trading
• Capital Markets
• Loans
• Cash Management
• Credit Risk