Newedge OTC to use Orange Business Services - Trading Solutions network to trade remotely

Orange Business Services - Trading Solutions has announced that Newedge is using its telepresence, turret and trading network to trade OTC derivatives remotely from one trading desk located across two disparate city locations in Japan and Australia.

"We reviewed several different options and the Orange Business Services - Trading Solutions remote trading system was the most adequate. The sound and visibility are excellent and the team at Orange Business Services - Trading Solutions worked incredibly hard to provide us with the highest possible quality definition", said Christophe Delorme, APAC Head of Newedge OTC Equity Derivatives. "Commuting to Tokyo from Sydney was not a viable option so without this system I would not have been able to effectively do my job, manage my team and have a real sense of the market. With this system in place I can see their reactions to market changes and act accordingly, changing our trading strategies where necessary. Additionally, the robustness of the system allows time and cost saving benefits."

Christophe Ozer, Orange Business Services - Trading Solutions Japan Manager adds "This is the first time a remote voice and video solution has been installed on a trading floor and we are very pleased with the results. Newedge has very specific requirements that we have to adhere to with minimal disruption to Christophe Delorme and his team. Thanks to a great and close collaboration of all the Orange teams, we were able to propose and implement the best solution to Newedge".