The days of relying on banks to accept unsecured overnight cash and be paid for it are no longer a guarantee says Angela Osborne co-head of Agency Cash Management at multi-asset brokerage and clearing house Newedge.
Prime brokerage Newedge has been appointed as exclusive swap counterparty to the Ucits-compliant EEA Diversified Trends fund. The Ireland-domiciled fund is managed by EEA Fund Management.
Multi-asset brokerage and clearing house Newedge has appointed Ghislaine Mattlinger as group chief financial officer (CFO) and member of the Newedge Executive Committee.
The global multi-asset broker Newedge has boosted its Alternative Investment Solutions (AIS) group, a part of the firm's Prime Clearing Services.
Fidessa has become the latest investment software vendor to expand the reach of its multi-asset activities, as it was selected by broker Newedge for its global equity and derivatives trading.
Brokerage and clearing company Newedge has developed its clearing facilities for interest rate swaps (IRS), in partnership with Societe Generale Corporate & Investment Bank and Crédit Agricole Corporate and Investment Bank.