Newedge re-structures its fixed-income team

HONG KONG - Newedge has appointed Pierre Gay, former head of the broker's Asia-Pacific operations, to a newly-created position of global head of fixed income, currencies and commodities (FICC), it said today.

In his new role, which became effective on January 12, Gay is responsible for global product management and development. He works with regional heads on the performance of the FICC products and reports to Nicolas Breteau, global head of sales and front office in London.

Patrice Blanc, chief

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