Newedge makes moves in Mumbai
MUMBAI – French joint-venture brokerage Newedge has opened an office in Mumbai, aimed at giving international investors access to the growing market, and eventually providing for the developing investor base in the country.
Pierre Gay, the firm’s Hong Kong-based chief executive for Asia, said an Indian office gives the firm the full coverage of the main markets it has been planning for in the Asia region. He said the opening marks a shift in the strategy the firm employs for expansion, with
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