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 FOi in Boca Raton that one of the reasons...