Prime broker Newedge has launched a new foreign exchange prime brokerage platform, expanding connectivity to the FX markets electronic platforms.
The prime broker has also updated the infrastructure supporting the processing of trades for managers and investors across multiple accounts and clearing brokers.
Newedge says the updates will allow clients to seamlessly execute their FX trading strategies as well as leverage cross-margining opportunities.
Newedges FX offering, coupled with our wider capabilities as a leading prime broker and global futures commission merchant, provides hedge fund managers and institutional investors with the most efficient platform to support their FX and multi-asset business, says Jasper Chua, associate director of Origination & Structuring at Newedge.
Andrew Waterworth, global head of Fixed Income and Currency Strategies at Newedge, says the agency-based FX prime brokerage platform is closely integrated across all asset classes.
Newedges platform offers services across global exchanges, instruments and asset classes spanning a range of hedge fund and CTA trading strategies, structures, set-up and investor objectives.
(CG)