The new solution – RealQ – aligns with the firm’s objective to create a combined dealer-to-client (D2C) credit business, following the acquisition of Neptune Networks in June 2025.
The new solution will combine liquidity across multiple Trumid protocols into a single automated workflow within trader-defined limits; “[...] traders will increasingly seek automation that can also operate across multiple liquidity protocols simultaneously rather than within isolated RFQ workflows,” global head of sales tells The TRADE.
The authorisation marks the culmination of the consolidated tape's regulatory process; Etrading Software was granted a £4.8 million contract by the FCA to deliver the tape back in September 2025.
The new desk operates across New York, London, Dubai and Singapore and is set to support hedge funds and banks executing complex fixed income and futures strategies.
The past week was one for the books, with a multitude of senior moves across both the buy-and sell-side, spanning fixed income, execution, equities and outsourced trading.
New head of US fixed income has been with the firm for 13 years; departing individual’s next role is currently unconfirmed.
The firms include Goldman Sachs, JP Morgan, TD Securities, Morgan Stanley and Bank of America; integration is set to provide increased choice and liquidity provision for buy-side clients across fixed income markets.
The integration comes as electronification across the fixed income sphere continues at a rapid rate; move is set to support trading desks in overcoming fragmented liquidity, manual workflows and rising expectations around best execution.
With the UK bond CT scheduled to launch on 22 June 2026, the new framework is set to deliver out-of-hours support on a 24/5 basis to help participants adapt to the new model.
The deal – initially announced in October 2025 – will bring 700 clients onto Marex’s platform from banks, independent wealth managers and asset managers.