Charles Weiss Lands at Societe Generale’s Newedge FXPB Unit

Societe Generale Corporate and Investment Banking (SGCIB) has bolstered its Newedge foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (FX) unit with the addition of veteran Charles Weiss, Finance Magnates has learned.

In his new role at SGCIB, Mr. Weiss will be working at Newedge’s FX Prime Brokerage (PB) Unit, based out of New York. The change to Newedge marks his second change of venues in less than a year, having just joined Barclays FX Prime Brokerage in April 2015.

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In this role he specialized in FX Spot, forwards, vanilla options, exotics and precious metals. Moreover he was also responsible for overseeing daily control and risk mitigating activities of the FX prime brokerage team on a daily basis.

Prior to joining Barclays in April, Mr. Weiss also worked at several other investment institutions and banks, including CM-CIC Securities, Goldman Sachs, Knock Capital Markets, and FXDD, among others, dating back to 2008, according to information made public from his Linkedin profile.

Back in August 2014, Societe Generale closed its G-10 forex-trading desk in London, subsequently packing up shop and moving its operations to Paris as part of an initiative to reorganize its Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term business and partner with the brokerage Newedge.

Finance Magnates reached out to SocGen, who was unavailable for additional comment.