Hidden Road Expands Offerings with Listed Derivatives Clearing Starting with CME Group Products

January 18, 2024 - Hidden Road, a global credit network for institutions, today announced the expansion of its credit intermediation, clearing, and financing services to include listed derivatives markets. 

This new offering is being initiated through its U.S. entity, Hidden Road Partners CIV US LLC, a registered futures commission merchant (FCM). The firm is launching this service with CME Clearing as its inaugural venue and plans to broaden its venue and clearinghouse coverage globally in the upcoming months.

Alex Kallelis, Head of Business Development, Americas at Hidden Road, commented on this strategic expansion, "Extending our services to cover listed derivatives is a significant step in our mission to provide comprehensive clearing across venues, products, and asset classes. Operating as an FCM clearing member of CME Clearing enables more efficient market access for our clients across a full spectrum of traditional and digital asset classes."

Hidden Road's expansion into listed derivatives, starting with CME Clearing, is a response to the evolving demands of institutional investors who face challenges in obtaining the necessary credit and financing to trade efficiently in fragmented global markets. This development aligns with Hidden Road's commitment to resolving issues in credit intermediation and prime brokerage, often hampered by outdated technology, inefficient workflows, and conflicts of interest.