More commodities woe.
Newedge, a global leader in multi-asset brokerage and clearing, has announced that Peter Barrowcliff has joined the company's Metals desk as Global Chief Operating Officer.
You win some, you lose some...
Although there's been a lot made about how the smaller or boutique firms are in hiring mode, they aren't immune from these difficult times either.
The U.S. Commodity Futures Trading Commission (CFTC) has announced that it entered an order requiring Newedge USA, LLC (Newedge) to pay a $700,000 civil monetary penalty for submitting inaccurate large trader reports to the CFTC and for violating a February 7, 2011, CFTC order directing Newedge to improve the accuracy and timeliness of its large trader reporting.