Spotlight on: Max Smith, Newedge

Agents of change

max-smith

Agency brokerage and clearing firm Newedge stands in a fairly unique position in the foreign exchange market. While it offers similar trading services to those of a bank or an independent trading platform – and certainly claims to be chasing the same set of clients – its business model is subtly different.

Owned by Société Générale and Crédit Agricole CIB, Newedge offers both agency execution and clearing services and has an FX trading presence in London, New York, Chicago and Sydney, as well as

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