Newedge launches improved FX Prime Brokerage platform
Latest news
Newedge launches improved FX Prime Brokerage platform 10 October 2012London and New York Reporter: Jenna Jones
Image: Shutterstock
Newedge has launched a new Foreign Exchange (FX) Prime Brokerage platform. The enhanced platform will provide institutional clients with unrivaled access to the global currency market.
“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, to ensure Newedge clients are able to seamlessly execute their FX trading strategies and benefit from significant cross-margining opportunities,” said a statement from the firm.
“Newedge’s FX offering, coupled with our wider capabilities as a leading prime broker and global futures commission merchant, 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 and structuring at Newedge.
Andrew Waterworth, global head of fixed income and currency strategies at Newedge, said: “The prime brokerage space is a highly competitive market. 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.”
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one securities finance news source this
year, make sure it is your free subscription to Securities Finance Times
Image: Shutterstock 