Hidden Road

Several months after launching our FCM business, Michael Higgins, Global Head of Business Development and International CEO at Hidden Road, spoke with Luke Jeffs of FOW about the firm's expansion into listed derivatives clearing, starting with CME Group. FOW subscribers can click below to read the full article. https://lnkd.in/egX4E7UY

Michael Higgins, Global Head of Business Development and International CEO at Hidden Road, spoke with CoinDesk's Ian Allison last week about the growth of our institutional credit network. Read the full story here: https://lnkd.in/emDHwwxF Read the full update on our website: https://lnkd.in/e-FHH7X5

Hidden Road is proud to have been recognized at Hedgeweek’s Global Digital Asset Awards as Prime Broker of the Year: EMEA. This is a reflection of the efforts of our global team, several of whom were on-hand last week to receive the award.

Hidden Road today announced that it has achieved SOC 2 Type 2 compliance, attesting to both AICPA and ISAE3000 standards. Laine Litman, President of Hidden Road, comments: “Achieving SOC 2 Type 2 compliance reinforces the trust that Hidden Road has built among institutional market participants for strong security and controls, and validates our modern technology stack and workflows.” https://lnkd.in/gUHjVcBH

For anyone who is interested in reading the article below and does not have a subscription to Risk.net, we are pleased to offer this public link to unlock the article: https://lnkd.in/evgk2Wrh #primebrokerage #clearing #tradfi #digitalassets #FCM

Hidden Road's Global Head of Business Development and International CEO Michael Higgins recently spoke with Lukas Becker of Risk.net about our FCM approval, the launch of Route28 and how our growing suite of regulated products enables operational and capital efficiencies. Click here to read the full article: https://lnkd.in/eya6tiXp An excerpt: The FCM licence means Hidden Road can now consolidate all of this activity within a single account – allowing PTFs to run the spot-versus-futures basis trade in FX and crypto on a regulated exchange through that single prime brokerage and clearing account.  “They can trade multiple products,” says Higgins. “But they have a single account at Hidden Road and the positions are cross-margined and the margin is financed.” #primebrokerage #clearing #tradfi #digitalassets #FCM

Hidden Road, the global credit network for institutions, today announced that it has extended its credit intermediation, clearing and financing offerings to cover listed derivatives markets through the firm’s U.S. entity, Hidden Road Partners CIV US LLC, a registered futures commission merchant (FCM). The listed derivatives business is starting with CME Clearing (NASDAQ: CME) as its first venue and will be expanding venue and clearinghouse coverage globally over the coming months. https://lnkd.in/euGdgUwT

Congratulations to Hidden Road, Deribit, Worldpay, Crossmint, ABN AMRO Bank N.V., BTG Pactual, Bakkt, and Polygon Labs for winning the Fireblocks Network Awards 2023! Check out this blog post to meet all the winners → https://lnkd.in/eSzkwShC #FireblocksSPARK Ran (Goldi) Goldshtein Rodri Fernández Touza Nabil Manji Sam Auch Chantal Bradford Andre Portilho

Hidden Road, the global credit network for institutions, today announced the launch of Route28, its new Synthetic Prime Brokerage offering covering OTC Swaps across all major asset classes, including FX, Equities, Commodities, Digital Assets, Energy and Rates. The new offering is run out of Hidden Road’s FCA-regulated UK entity, Hidden Road Partners CIV UK Ltd, with front-end and matching technology provided by Crossover Markets. With this launch, Hidden Road becomes one of the few prime brokers globally to offer cross-margining and margin financing across Cash/Spot, Cleared Derivatives and OTC Swaps products in all major asset classes. The product was built in conjunction with major global hedge funds, brokers and principal market making firms. Read the release: https://lnkd.in/gB7xaFZb