Sorry correct FimatOrganizationNewedge is a wholly-owned...

Sorry correct Fimat


Organization

Newedge is a wholly-owned subsidiary of Société Générale Group and Calyon.

Key Milestones

Newedge is a joint venture that combined the successful global brokerage firms of Calyon Financial and Fimat. Please see below for significant events in the histories of the companies that joined to became Newedge

Calyon Financial History

* 1987: Carr Futures establishes in Chicago, Paris and Singapore
* 1990: Acquisition of Drexel Brokerage Teams
* 1991-95: Opens offices in London, Madrid, NY and Tokyo
* 1996: Crédit Agricole acquires Carr
* 1997: Acquisition of the institutional futures division of Dean Witter, and diversifies in commodities and foreign exchanges
* 2000: JV with Spanish Altura markets
* 2002: Carr Futures expands its global network to include an office in Houston
* 2004: Carr Futures becomes Calyon Financial
* 2007: JV in China with Citic in futures brokerage

Fimat History

* 1986: Establishment of the Group following the creation of the French Futures and Options Exchange
* 1991: Fimat USA DPG desk starts with value added execution of futures
* 1995: Acquires Brody White and diversifies in commodities
* 1999: Global FX product line launched
* 2001: Fimatrix project starts (cross-margining)
* 2005: Fimat acquires assets of Preferred Trade in the USA
* 2006: Acquisition of Cube Financial
* 2007: Acquisition of Japanese commodity broker Himawari


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