Access to Liquidity via Electronic Trading Platform (Cash, Futures & FX)
NewEdge offers various fixed income trading platforms with significant liquidity pools in multiple products. These platforms provide anonymous and confidential trading with straight-through-processing. They also offer clients a truly global marketplace for a spectrum of products that include: US Treasury Bills, Notes and Bonds, TIPS, US Treasury Strips, Swaps, US Agencies (such as Fannie Mae, Freddie Mac FHLB, Farm Credit Bank, Sallie Mae, TVA, Worldbank and all Global issues), Japanese Government bonds (JGB's) and European Government Bonds (EGB's).
Inter-Dealer Broker Screens via Worldwatch
Newedge can give traders access to inter-dealer broker repo levels through its Worldwatch application. These screens are viewable at the trader's workstation and provide valuable market transparency to repo levels through easy-to-use view-only screens.
Newedge offers financing alternatives through a full-service finance desk that offers lending and borrowing on government, agency, mortgage and corporate securities through overnight, open and term repo. Triparty and buy/sell backs are also available.
Newedge has always had a strong reputation for offering customized technical solutions through its web-based cash and futures reporting tool, Newedge On-Line. With a wide array of pre-formatted and customizable reports, clients can define their own data files using the business logic friendly interface. Top day trades and reevaluations are offered in real time, with reporting data indefinitely kept on the system (not just the most recent days or weeks). The website is backed by Newedge's fully redundant recovery center. All Fimat-On-Line modules can be optionally hooked directly into a client's internal systems to achieve many different straight-through-processing scenarios.
Execution and Clearing Services
In addition to electronic execution, Newedge also provides voice alternatives for the exection of securities. Dedicated and efficient middle and back office operations staff provide knowledgeable and reliable clearing services for all Fixed Incom products.
Model B Principal Guarantee Execution and Clearing
Newedge offers clients Model B principal guarantee execution and clearing. Newedge will act as the principal in all trades entered into by the client. All counterparties must be pre-approved and passed through Newedge's internal credit/risk and new accounts process. Once approved, a principal letter is issued to the client's counterparty. The principal letter explains the relationship between Newedge, the client and the street, and outlines the conditions under which Newedge assumes responsibility and liability for the trade.
Responsive Client Services
Knowledgeable senior relationship managers work with the client to provide a high level of service and responsiveness that eases the customer through the transition into different markets. They also assist in developing effective and efficient solutions tailored to meet the client's needs.