Hidden Road expanded its prime brokerage offering with
the launch of a fixed-income platform. The expansion followed the company's recent approval as a Fixed Income Clearing Corporation (FICC) clearing member, enabling it to offer Fixed-Income Repo and global Funding services.
The new platform aligns with Hidden Road's effort to
offer clearing, financing, and brokerage services across multiple asset
classes. In its announcement today (Thursday), the company highlighted
increasing institutional demand for fixed-income solutions.
Expanding Into Fixed Income Markets
“Hidden Road's Fixed Income Repo & Global
Funding platform marks a significant milestone in our mission to build the
industry's most comprehensive suite of multi-asset
Multi-Asset
Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically
Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically
Read this Term prime brokerage and
institutional financing solutions,” said Noel Kimmel, President at Hidden Road.
“With the ability to cross-margin and margin
finance across cleared derivatives, FX prime brokerage, OTC swaps, and digital
assets, we are now able to offer a truly differentiated service to the
institutional marketplace,” he added.
Mike Santoro, a seasoned industry professional with extensive experience at BNP Paribas and Guggenheim Securities, will reportedly lead the Fixed Income and Global Funding business.
Santoro emphasized the platform's role in market
stability, saying, “We are excited to launch this business and become a
member of FICC, a critical market infrastructure provider that brings stability
and efficiency to the fixed income markets.”
The Fixed Income prime brokerage platform aims to
improve market access and execution
Execution
Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co
Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co
Read this Term for institutional clients. As a newly
minted FICC member, Hidden Road can reportedly facilitate efficient
transactions through its technology-driven infrastructure.
Enhancing Liquidity and Execution for Institutions
During the Finance Magnates London Summit (FMLS:24),
Michael Higgins, the International CEO of Hidden Road, disclosed the company's plans to launch fixed-income operations by this year.
“We're starting to see more institutional
adoption that requires certain infrastructure in the space to be built
out,” he explained. “The market infrastructure is starting to model a
little bit. It's a blend of foreign exchange, equities, and even a bit of
derivatives,” he said.
“There's a lot of demand for balance sheets from
very large institutions. Servicing them across traditional finance and digital
asset ecosystems that have already converged presents a really unique
opportunity for us in the marketplace,” he added.
With this expansion, Hidden Road hopes to strengthen
its position as a multi-asset brokerage provider, offering institutions an
integrated approach to financing, clearing, and market access.
Hidden Road expanded its prime brokerage offering with
the launch of a fixed-income platform. The expansion followed the company's recent approval as a Fixed Income Clearing Corporation (FICC) clearing member, enabling it to offer Fixed-Income Repo and global Funding services.
The new platform aligns with Hidden Road's effort to
offer clearing, financing, and brokerage services across multiple asset
classes. In its announcement today (Thursday), the company highlighted
increasing institutional demand for fixed-income solutions.
Expanding Into Fixed Income Markets
“Hidden Road's Fixed Income Repo & Global
Funding platform marks a significant milestone in our mission to build the
industry's most comprehensive suite of multi-asset
Multi-Asset
Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically
Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically
Read this Term prime brokerage and
institutional financing solutions,” said Noel Kimmel, President at Hidden Road.
“With the ability to cross-margin and margin
finance across cleared derivatives, FX prime brokerage, OTC swaps, and digital
assets, we are now able to offer a truly differentiated service to the
institutional marketplace,” he added.
Mike Santoro, a seasoned industry professional with extensive experience at BNP Paribas and Guggenheim Securities, will reportedly lead the Fixed Income and Global Funding business.
Santoro emphasized the platform's role in market
stability, saying, “We are excited to launch this business and become a
member of FICC, a critical market infrastructure provider that brings stability
and efficiency to the fixed income markets.”
The Fixed Income prime brokerage platform aims to
improve market access and execution
Execution
Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co
Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co
Read this Term for institutional clients. As a newly
minted FICC member, Hidden Road can reportedly facilitate efficient
transactions through its technology-driven infrastructure.
Enhancing Liquidity and Execution for Institutions
During the Finance Magnates London Summit (FMLS:24),
Michael Higgins, the International CEO of Hidden Road, disclosed the company's plans to launch fixed-income operations by this year.
“We're starting to see more institutional
adoption that requires certain infrastructure in the space to be built
out,” he explained. “The market infrastructure is starting to model a
little bit. It's a blend of foreign exchange, equities, and even a bit of
derivatives,” he said.
“There's a lot of demand for balance sheets from
very large institutions. Servicing them across traditional finance and digital
asset ecosystems that have already converged presents a really unique
opportunity for us in the marketplace,” he added.
With this expansion, Hidden Road hopes to strengthen
its position as a multi-asset brokerage provider, offering institutions an
integrated approach to financing, clearing, and market access.
