Currency signs

Newedge launches enhanced FX prime brokerage platform

Wed, 10/10/2012 - 14:23

Newedge has launched an enhanced foreign exchange prime brokerage platform offering institutional clients 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,” says Jasper Chua, associate director, origination and structuring at Newedge.


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