Stephan Solomon and Marc Cohen left Newedge Group SA in New York and are starting Thales Trading Solutions, a broker in New York.
Newedge will provide trading and clearing services to clients introduced by Thales, Newedge said in a statement e-mailed today. Solomon and Cohen headed Newedge’s financial services group, according to the statement. Thales will start July 23, it said.
Newedge is a joint venture of Credit Agricole CIB and Societe Generale SA.