NewswireToday - /newswire/ -
London, United Kingdom, 2013/12/11 - Newedge was once again honored at the Futures & Options World (FOW) International Awards, winning the Non-Bank FCM of the Year award. The winners were announced last night at the FOW Gala dinner in London - Newedge.com.
This award demonstrates yet again Newedge’s unique position in the derivatives industry, especially our breadth of offering and technology to deliver best-in-class solutions for our clients.
The FOW judges were particularly impressed with Newedge’s Agency Cash Management (ACM) platform, our auction-driven platform for the tri-party repo market.
This award is the latest on a long list of industry recognitions received in 2013 such as Best Trading Platform by Banking Technology, Best Prime Broker - Capital Introduction by HFMWeek and Best Broker-Dealer Overall by The Wall Street Letter to name only a few.
Newedge (newedge.com), a 50/50 joint venture between Société Générale and Crédit Agricole CIB, is a major force in global multi-asset brokerage business, with a world-leading position in the execution and clearing of listed derivative products. With a presence in more than 20 locations in 15 countries, Newedge offers a full range of clearing and execution services covering options and futures contracts for financial products and commodities, OTC derivatives, as well as for money market instruments, bonds, FX, equities, and commodities on OTC markets. Newedge provides 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. Newedge, which primarily serves institutional clients, provides access to more than 85 exchanges. Newedge's 2,700 employees form a close-knit, multinational team that can innovatively respond to its clients in fast-moving markets.
Contact: Richard Newman
P: +44(0)20 7550 2492 - E: richard.newman[.]newedge.com.