The Newedge Difference
Newedge is a leader in global brokerage.
We combine a broad, multi-asset product offering and access to global exchanges with a solid balance sheet and the support of two highly rated parent banks. An independent management and regulatory structure allows us to focus solely on the needs of our customers and minimize potential sources of conflict of interest.
Formed in 2008 as a 50/50 joint venture by Société Générale and Crédit Agricole CIB, Newedge acts as an impartial partner to its clients.
A strong governance structure and operating model enables us to minimize conflicts of interest and be the leading independent player in the brokerage world.
In addition to our shareholder banks, Newedge itself has banking status. For Newedge customers, this provides added strength and stability compared to a traditional brokerage model. As a bank, Newedge must meet strict banking standards pertaining to financial reserves and regulatory procedures.
Our core business is futures and options on listed financial and commodity markets, and we have developed our business to be a world leader in execution and clearing. From this platform, we have worked to extend our offer to include to cash markets and OTC derivatives in fixed income, foreign exchange, equities and indexes, and commodities including agriculturals and softs, energy and emissions and metals.
Our global platform, which comprises more than 85 global exchanges, means clients can trade the world from a single point of contact, as well as benefit from sophisticated prime brokerage and financing services.
CFTC Ranking of FCMs by Client Funds (as of 31 January 2014)
Newedge ranks No. 3 based on the CFTC’s (US regulator) tracking of customer assets on deposit.
|Ranking||Futures Commission Merchant||Segregated Funds
and Pt. 30*
|1||Goldman Sachs & Co||$27,941,546,380|
|2||JP Morgan Securities LLC
|3||Newedge USA, LLC||$16,618,651,915|
|4||Deutsche Bank Securities Inc||$13,458,637,297|
|5||Merrill Lynch Pierce Fenner & Smith||$13,160,713,462|
* Segregated Funds represents the total amount of funds that an FCM is required to segregate on behalf of customers who are trading on a designated contract market or derivatives transaction execution facility located in the United States. This is the sum of all accounts that contain a net liquidating equity. Pt.30 represents the amount of funds an FCM is required to set aside for customers who trade on commodity exchanges located outside of the United States.