History
Created on January 2, 2008, Newedge is a joint venture combining the successful global brokerage firms of Calyon Financial and Fimat. Outlined below are the key milestones in the histories of the Newedge legacy companies:
| Credit Agricole CIB | | |
| 1987 | Establishment of Carr Futures 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, diversifies in commodities and foreign exchange | | 2000 | JV with Spanish Altura Markets | | 2004 | Carr Futures becomes Calyon Financial | | 2007 | JV futures brokerage in China with Citic | | 2010 | Calyon becomes Credit Agricole CIB | | | | 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 | Acquisition of Brody White and diversification 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 | |
On September 11, 2001, Carr Futures (since named Calyon Financial and with Fimat merged to form Newedge) lost 69 colleagues in the New York World Trade Center.
Each person lost that day was characterized by their unique attributes and played an important role within the Carr Futures organization. As Newedge, we remember these individuals and recognize their contributions and talents.
