Newedge, the derivatives broker owned by Société Générale and Crédit Agricole, announced a reorganisation of its business yesterday at the annual Futures Industry Association conference in Boca Raton, Florida.
The company will now consist of four main global business
lines – a structure that it believes will better
reflect "the new global market environment" and enable it to
respond more efficiently to clients’ needs, so
that they receive a superior service.
Nicolas Breteau, global head of sales and front office at
Newedge in London, told FOW in Boca Raton that one of the
reasons for moving away from regional organisation was that
many of the brokerage’s clients were global. "Most
clients trade across regions — we need to be
consistent in terms of product offering," he said.
This article is available to subscribers and registered users
Please log in to continue reading.
Not yet registered? Take a free trial.
If you have already taken a free trial you
have ongoing access to the analysis section of FOW.com including this story.
Log in using your details below to read.
Already have an account? |