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07/05/2014

Newedge now 100% owned by Societe Generale

The acquisition by Societe Generale of Credit Agricole’s 50% shareholding in Newedge is now complete. Effective today, Newedge is 100% owned and controlled by Societe Generale.

This acquisition brings together the strength and financing capacity of a leading financial institution with 150 year of history, with the expertise and agility of the world-class derivatives broker.

Our focus is singular: to build a distinct, integrated global markets proposition that meets more of your needs, more effectively, and more efficiently. Comprehensive and multi-asset in nature, it will include

  • cross-asset research,
  • bespoke investment solutions and hedging,
  • an industry-leading prime brokerage and prime clearing proposition, notably on the OTC side - which will be crucial in the new environment framework - cross margining capabilities,
  • established agency execution,
  • and access to more than 85 derivatives markets.

Furthermore, SG CIB is wholly committed to the Newedge agency model and to ensuring proper confidentiality of client information and segregation of assets throughout.

Today marks the next chapter in our development and ongoing commitment to helping you achieve your goals.

To know more about Newedge : www.newedge.com