Rates, credit and repo run on technology: the platforms and protocols that quote and execute trades, the data that prices bonds, the connectivity between participants, and the systems that clear, settle and report what happened.
Recruiting for established institutional marketplaces to newer credit platforms and the teams behind RFQ and repo workflows.
Fixed income isn't one technology. It runs through all three areas Ocean Red works in.
Where bonds and repo actually trade: dealer-to-client and dealer-to-dealer venues, request-based protocols, and the platforms and workflows either side of the execution.
Most bonds trade far less often than a listed share, so a price is often an informed judgement. The data behind it, and the data that describes the instruments, is a product in its own right.
Everything after the trade: getting it cleared, settled, collateralised and reported, and the infrastructure that connects execution to the rest of the lifecycle.
MarketsRates and government bonds · Credit · Repo
I spent several years recruiting into an established institutional electronic fixed income marketplace. Not one search, but repeat hiring with several teams across product, technology, workflow, integration, regulatory change and commercial roles.
I've also been brought in for specific business projects, such as for a new dealer-to-client RFQ platform in the US Treasury repo market, and product and go-to-market people for a growth-stage electronic credit marketplace.
That's why fixed income sits where it does at Ocean Red. It's a market I've recruited in for years.
The same three functions as the rest of Ocean Red, with the fixed income specifics.
The people who build the trading platforms, pricing and data systems and connectivity, and keep them running through the busiest sessions.
The people who turn market workflow into product: the protocols, platforms and client integrations a trading business runs on.
The people who sell fixed income technology to the institutions that trade on it.
Global market infrastructure business · London and New York
The business was building a new dealer-to-client RFQ platform for the US Treasury and repo market, inside a major market infrastructure environment.
If you're building an engineering, product or commercial team around electronic fixed income markets, talk to Richard.
Talk to Richard