Offering global multi-asset clearing and brokerage services on listed and OTC derivatives and cash products
Formed in 2008 from a 50/50 joint venture between Société Générale and Crédit Agricole CIB, merging their futures broking operations*. Newedge’s unique structure means it has its own banking status and the support of two AA-rated shareholders, but is also independently managed and regulated. Newedge meets the highest capital adequacy and regulatory requirements, operating in over 20 geographic locations in 16 countries and providing clients access to more than 85 global exchanges.
Newedge provides to its clients a measure of balance sheet strength, stability, and a strong business mix that is organised around four global business lines – Futures and Options and Equities execution – Clearing sales and Professional Trading Groups – Prime Brokerage – Fixed Income Currencies and Commodities (FICC).
After its successful launch, Newedge quickly became one of the world largest exchange traded derivatives broker, regularly at the top of U.S. Futures Commission Merchant (FCM) segregated funds rankings. Its broad offering extends to a full range of clearing and execution services covering options and futures contracts for financial products and commodities as well as for money market instruments, bonds, FX, equities, and commodities on OTC markets. Newedge offers a range of value added services, including prime brokerage, asset financing, an electronic platform for trading and order routing, cross margining, and the centralized reporting of client portfolios. Recently, Newedge announced it centrally cleared and brokered the first Dealer to Client transactions for OTC interest rates swaps.
Chief Executive Officer Nicolas Breteau’s vision for a client focused organisation is spearheading Newedge’s management efforts to develop business opportunities beyond the core FCM industry. Newedge’s blend of technology, value added customer services and core principles of partnership and innovation creates a unique and attractive business proposition for both clients and employees.
* Fimat and Calyon Financial (ex Carr Futures), first established in 1986 and 1987