Newedge Group · Paris France
Company Description
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This link will open in a new window Newedge Group provides brokerage, execution, and clearing services on more than 80 securities and derivatives exchanges worldwide. The company specializes in financial futures and options, equity derivatives, fixed income securities, foreign exchange, agricultural and soft commodities, and metals. It also performs prime brokerage and research services. Clients include financial institutions, asset managers, hedge funds, professional traders, and corporations. Newedge has offices in more than 25 major cities around the globe. The firm was formed when Calyon Financial and Fimat merged in early 2008. Calyon (a subsidiary of Crédit Agricole ) and Société Géneralé (which owned Fimat) each own half of the company. To read the full description, subscribe now.
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Key Newedge Group Financials
| Company Type | Joint Venture Headquarters |
| Employees | 50 |
Newedge Group Executives
15 executives listed for Newedge Group's Paris, location.
| Title | Name & Bio | Contact |
| CEO | Patrice Blanc | Network |
| Deputy CEO | Richard Ferina | Network |
| COO | Cynthia Zeltwanger | Network |
Competition
Competitive Landscape for Newedge Group
Demand is driven by economic activity that results in company mergers, acquisitions, or public financing. The profitability of an investment bank depends on its ability to accurately assess both the value of a business transaction and the readiness of the market to buy the attendant debt or equity. Big firms have an advantage because large customer transactions require firms with substantial financial resources. Small investment banks can compete by participating in syndications and operating in regional markets or specialized industries. Although labor-intensive, the industry produces very high value: average annual revenue per employee at large firms is under $1 million. The global financial crisis of 2008-2009 dramatically altered the landscape of the investment banking industry. Morgan Stanley and Goldman Sachs, the only large firms still intact, have changed their status from investment banks to bank-holding companies. Both firms still engage primarily in investment banking, but former industry leaders such as Bear Stearns, Merrill Lynch, and Lehman Brothers have either been acquired or have filed for bankruptcy protection. The demise of these firms and the late 2000s recession have likely ushered in a new era in which the creation of innovative but risky financial instruments will be replaced by more traditional banking services. The new environment also means more industry oversight by the federal government, which had to step in and bail out dozens of financial services firms with billions of dollars of taxpayers' money. To read the full description, subscribe now.Top Newedge Group Competitors
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