HONG KONG, Nov. 6 /Xinhua-PRNewswire/ — Newedge Group, the new force in global brokerage, today announced the appointment of Carole Ferguson as Head of Legal for Newedge Australia Pty. Ltd.
Carole Ferguson previously worked at the Australia Securities Investments Corporation (ASIC) for three years, where she served as Director, Industry Specialists and Director, Institutional and Wholesale Compliance. Prior to Carole’s distinguished tenure at ASIC, she has held senior legal positions with two Australian financial service companies, Colonial First State Investment Managers and Prudential Corporation Australia.
In her new role, Ms. Ferguson will be responsible for the legal work of Newedge Australia, as well as having responsibilities within the legal organization of Newedge throughout the Asia-Pacific zone. She will report to Fanny Cheng, Head of Legal Asia-Pacific, who is based in Hong Kong.
Gary DeWaal, Senior Managing Director and Group General Counsel of Newedge said, “We are very excited to have someone of Carole’s stature and outstanding reputation join us. It helps demonstrate Newedge’s commitment to the Australian marketplace and our desire to maintain our strong compliance culture globally “.
Newedge, a 50/50 joint venture between Societe Generale and Calyon, is a major force in global multi-asset brokerage business, with a world-leading position in the execution and clearing of listed derivative products. With a presence in 25 locations in 17 countries, 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. Newedge provides a range of value added services, including prime brokerage, asset financing, an electronic platform for trading and order routing, cross margining, and the centralized reporting of client portfolios. Newedge, which primarily serves institutional clients, provides access to more than 80 exchanges. Newedge’s 3000+ employees form a close-knit, multinational team that can innovatively respond to its clients in fast-moving markets. For more information about Newedge Group, http://www.newedgegroup.com .
“Newedge” refers to Newedge Group and all of its worldwide branches and subsidiaries. Newedge Group is authorized by Banque de France. In the UK, Newedge Group (UK Branch) is regulated by the Financial Services Authority for the conduct of designated investment business in the UK. In France, Newedge Group is regulated by the Autorite des Marches Financiers and by the Commission Bancaire. Only Newedge USA, LLC is a member of FINRA and SIPC (SIPC only pertains to securities-related transactions and positions). Newedge Group (UK,Frankfurt and Dubai) does not deal with, or for, Retail Clients (as defined by MiFID and Dubai Financial Services Authority). Only Newedge Canada Inc. is a member of the CIPF. Not all products or services are available from all Newedge organizations or personnel. Consult your local office for details: http://www.newedgegroup.com .
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SOURCE Newedge Group