Newedge Group Expands Services with EdgeCo Holdings Acquisition

Newedge Group, a leading global futures and options broker, has made a significant move by acquiring EdgeCo Holdings. This acquisition is a strategic step towards expanding Newedge's services and offerings.

Newedge Group's acquisition of EdgeCo Holdings is a key milestone in the company's history. The acquisition has enabled Newedge to tap into EdgeCo's expertise in futures and options trading.

Newedge Group is now well-positioned to provide a wider range of services to its clients.

Newedge Group offers a range of products and services, primarily serving institutional clients.

The company provides clearing and execution services for a variety of financial products, including options and futures contracts, as well as money market instruments, bonds, FX, equities, and commodities on OTC markets.

Newedge also offers prime brokerage, asset financing, and an electronic platform for trading and order routing, cross margining, and centralized reporting of client portfolios.

Newedge offers a full range of clearing and execution services covering options and futures contracts for financial products and commodities, as well as for money market instruments, bonds, FX, equities, and commodities on OTC markets.

The company serves institutional clients, providing them with a wide array of services to manage their portfolios.

Newedge's services include prime brokerage, asset financing, and an electronic platform for trading and order routing, cross margining, and the centralized reporting of client portfolios.

The firm's market coverage includes ETFs, cash markets, and OTC derivatives pertaining to fixed income, interest rates, commodities, Forex, metals, equities, and indexes, and energy and emissions.

Newedge's electronic platform allows for seamless trading and order routing, making it an attractive option for institutional clients.

In addition to its core services, Newedge also offers market research to help its clients make informed investment decisions.

Newedge primarily serves institutional clients, offering them a range of services to manage their portfolios and execute trades efficiently.

EdgeCo Wealth Management has streamlined its operations by creating a new division that unifies its various brands. This move aims to enhance the overall client experience and improve efficiency.

The new division will house several EdgeCo brands, including EdgeCo Securities and EdgeCo Trust Company. By bringing these brands under one umbrella, EdgeCo Wealth Management can better leverage its resources and expertise.

This consolidation is expected to result in cost savings and improved communication among the various brands. By eliminating redundancies and streamlining processes, EdgeCo can allocate its resources more effectively.

The new division will also enable EdgeCo to offer a more comprehensive range of services to its clients. By integrating the capabilities of its various brands, EdgeCo can provide a more seamless and cohesive experience for its clients.

EdgeCo's goal is to create a more unified and cohesive brand identity across its various divisions. This will help to build trust and confidence with its clients and establish the company as a leader in the wealth management industry.

Newedge Group's leadership has been instrumental in shaping the company's vision and strategy.

The company was co-founded by Jean-Baptiste Renou and Michel Pébereau in 2000.

Under their leadership, Newedge Group expanded its operations and established itself as a leading player in the global futures and options market.

Newedge Group's leadership team has a deep understanding of the financial markets and a proven track record of innovation and growth.

The company's commitment to excellence and customer satisfaction has been a key factor in its success, with a client retention rate of over 90%.