Nicolas Breteau Newedge, a global leader in multi-asset brokerage and clearing, announced two senior appointments based in its New York office.
John Fay has been named Global Head of the firm’s FICC Business Line (Fixed Income, Currencies and Commodities). John has been Acting Head of FICC since October 2010, while also serving in a dual role as Head of the Americas Region. John joined Newedge in December 2009 after serving as Co-CEO and Co-President of Instinet. He also previously held senior level positions with Goldman Sachs and Morgan Stanley Dean Witter.
Newedge also announced that Bill Sexton has joined the firm in New York as Head of the Americas Region, taking over John Fay’s previous permanent role. Bill will also serve as Chief Executive Officer for Newedge USA, LLC. He joins from Erris Capital Advisors where he served as President. He has an extensive financial industry background including positions with Refco, NYBOT/NYCE, Chase, Spear Leads & Kellogg, and Daiwa Securities.
"I am pleased to appoint John as Head of FICC on a permanent basis, and welcome Bill as Head of Americas,” said Nicolas Breteau, CEO of Newedge. “John has already demonstrated strong leadership in his tenure with Newedge by hiring talented people in the Americas and running a profitable region. Now we also look forward to Bill sharing with us his extensive industry experience as we gear up for the implementation of Dodd Frank and continuing our leadership position in the industry.”