Newedge, the Paris-based derivatives broker that could benefit from proposed reforms to over-the-counter trading rules, has reorganised its top team and added a new global product-focused role.

Pierre Gay, who oversees Newedge's Asia-Pacific operations, will assume the newly-established role of global head of fixed income, currency and commodities. Laurent Cunin, who was most recently head of operations in the Americas, will take on Gay's former remit in Hong Kong, according to a statement from Newedge.