Mon, Sep 25, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Newedge launches enhanced FX prime brokerage platform

Tuesday, October 09, 2012
Opalesque Industry Update: Newedge announced today the launch of a new Foreign Exchange (FX) Prime Brokerage (PB) platform. While forex has been a part of the company’s suite of prime brokerage services for institutional clients, this enhanced version will provide institutional clients with access to the global currency market - the largest, most liquid market in the world.

Connectivity to the forex market’s electronic platforms has been significantly expanded, while the infrastructure supporting the processing of trades for managers and investors across multiple accounts and clearing brokers has been updated. This ensures Newedge clients are able to seamlessly execute their FX trading strategies and benefit from significant cross-margining opportunities.

“Newedge’s FX offering, coupled with our wider capabilities as a leading prime broker and global futures commission merchant (FCM), provides hedge fund managers and institutional investors with the most efficient platform to support their FX and multi-asset business,” said Jasper Chua, Associate Director, Origination & Structuring at Newedge.

“The prime brokerage space is a highly competitive market,” said Andrew Waterworth, Global Head of Fixed Income and Currency Strategies at Newedge. “The investment in new technology we have undertaken and the expertise of our talented prime brokerage team will ensure that Newedge continues to provide industry leading prime brokerage services that give clients the strongest agency-based FX PB platform, which is closely integrated across all asset classes.”

Newedge’s multi-asset prime brokerage offering provides services across global exchanges, instruments and asset classes with a detailed knowledge of hedge fund and CTA trading strategies, their structures, operational set-up and investor objectives.

Newedge

Press Release

BM

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. iCapital Network enters deal to acquire innovative U.S. private equity access fund platform from Deutsche Bank[more]

    Komfie Manalo, Opalesque Asia: Financial technology platform iCapital Network has entered into a definitive purchase agreement to acquire the US Private Equi

  2. Neuberger Berman closes $1.1bn Credit Opportunities Fund[more]

    Neuberger Berman, a private, independent, employee-owned investment manager, announced that NB Private Equity Credit Opportunities Fund LP closed on $1.1 billion of limited partner commitments. The Fund seeks to invest in the secured and unsecured debt of private equity-backed companies, primarily i

  3. Capital Dynamics launches mid-market private credit business[more]

    Capital Dynamics, a global private asset manager, has launched a dedicated Private Credit Asset Management business. Experienced industry executives Jens Ernberg and Thomas Hall have joined Capital Dynamics to co-lead the company's new private credit initiative. They are based in Capital Dynamics' N

  4. Artificial intelligence may replace 40% of all jobs: Bridgewater founder Ray Dalio[more]

    From Foxbusiness.com: Bridgewater Associates founder Ray Dalio said Friday that almost half of the jobs in the next two decades will be replaced by artificial intelligence. "By in large, the world is going to largely consist of people who can take language and put it into code, which then allo

  5. Opalesque Exclusive: US investment firms must have tailored cybersecurity policies and procedures in place[more]

    Benedicte Gravrand, Opalesque Geneva: Cyber attacks are on the increase. One of the last victims was Equifax, a US credit scoring agency. As a result of its insufficient cybersecurity program, the agency was slapped with state and federal investigations, private lawsuits and a summons for chief e