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Hidden Road Launches New Fixed Income Prime Brokerage Platform

In a strategic move aimed at enhancing its product offerings, Hidden Road has unveiled its latest Fixed Income prime brokerage platform. This significant development adds a new dimension to the firm’s suite of offerings, catering specifically to institutions seeking robust funding solutions.

The launch, announced on March 6, 2025, is particularly noteworthy as it follows Hidden Road’s recent acceptance as a clearing member of the Fixed Income Clearing Corporation (FICC). This membership marks a critical step in the company’s ambition to provide seamless trading experiences across a diverse range of asset classes. According to Noel Kimmel, President of Hidden Road, the Fixed Income Repo and Global Funding services currently set the stage for a broader range of institutional financing solutions.

A Comprehensive Suite of Prime Brokerage Solutions

The Fixed Income prime brokerage platform is designed to facilitate efficient access to clears, prime brokerage, and financing options. By leveraging a modern technology stack, Hidden Road aims to simplify the complex landscape of prime brokerage services while ensuring reliability and conflict-free operations for its clients.

With this new service, Hidden Road offers institutions the ability to cross-margin and finance across various instruments, including cleared derivatives, foreign exchange (FX) prime brokerage, over-the-counter (OTC) swaps, and even digital assets. This multifaceted approach enables clients to navigate the intricacies of financial markets with greater ease and agility.

Leading the charge in this new venture is Mike Santoro, a seasoned veteran in the industry with extensive experience in repo and funding operations at renowned financial institutions such as BNP Paribas and Guggenheim Securities. His expertise, combined with a skilled team averaging over 20 years in the repo market, positions Hidden Road to effectively meet the demands of the evolving financial landscape.

Commitment to Client Success

Michael Santoro, Head of Fixed Income and Global Funding Group at Hidden Road, expressed enthusiasm about the launch. He noted that becoming a member of the FICC is vital, as it not only secures deeper market penetration but also enhances operational efficiency within the fixed income markets. This move is expected to streamline execution processes while improving access to liquidity for both counterparties and clients alike.

All activities related to FICC will be conducted through Hidden Road Partners CIV US LLC, a registered Futures Commission Merchant (FCM) recognized by the Commodity Futures Trading Commission (CFTC). This strategic establishment underscores Hidden Road’s commitment to regulatory compliance and excellence in service delivery.

About Hidden Road

Founded with the mission of transforming the institutional credit landscape, Hidden Road Partners emphasizes providing seamless access to both traditional and digital markets. The firm is committed to delivering innovative, conflict-free financial solutions that simplify prime brokerage, clearing, and financing processes. Clients can expect a blend of advanced technology and dedicated service that addresses the challenges faced in today’s complex financial environment.

For further inquiries, interested parties can reach out via email to info@hiddenroad.com.

In a world where financial institutions are constantly looking for efficiencies and effective liquidity management, Hidden Road’s latest offering positions it as a key player in the market, paving the way for institutions to thrive in an increasingly competitive landscape.