Newedge Appoints Head of OTC Clearing Sales Americas

Newedge, a multi-asset brokerage firm and clearer, has appointed Mark Gonzalez as head of OTC Clearing Sales Americas.

Gonzalez will be based in New York and report to Adam Cohen, head of institutional clearing sales Americas, Prime Clearing Services. He joins from BNY Mellon Clearing where he was global chief operating officer (COO) and head of sales providing services in the listed and OTC derivatives market to institutional clients. Prior to BNY Mellon, he served as an adviser to Ardmore Park Capital and was a founding partner and COO for Capstone Holdings Group.

“Mandatory clearing of OTC interest rate swaps offers significant growth opportunities which we successfully tapped into over past year,” says Cohen. “Hiring Mark represents a statement of intent. His outstanding expertise and market knowledge will help us further enhance our offering to meet the specific needs of our clients in the US, Canada and Latin America.”