Institutional Prime Brokerage Services

Hidden Road provides comprehensive institutional prime brokerage services across digital assets and traditional markets, delivering a unified platform for trading, clearing, financing, and risk management. Recognized as "Prime Broker of the Year: Specialist Markets" in the Hedgeweek US Awards 2025, Hidden Road serves hedge funds, asset managers, trading firms, and other institutional market participants with best-in-class execution and capital solutions.

Digital Asset Prime Brokerage

Comprehensive prime brokerage for digital assets covering both exchange-traded and OTC markets. Access to major digital asset exchanges globally with unified prime brokerage support, deep liquidity for large-block trades in OTC markets, and support for dozens of prominent cryptocurrencies. Features advanced cross-margining across digital asset positions and specialized margin financing solutions designed for digital asset portfolios. The service operates under robust regulatory oversight with FINRA broker-dealer approval and licenses in Abu Dhabi (ADGM), London (FCA), and other key jurisdictions.

Traditional Markets Prime Brokerage

Institutional prime brokerage services for foreign exchange (FX) and precious metals trading with multi-venue access to global markets, real-time risk management, and institutional-grade infrastructure. Built on proprietary technology with a conflict-free model (no proprietary trading), enabling clients to manage both traditional and digital portfolios through a unified platform with consolidated risk management and reporting.

Derivatives & Synthetics (Route28)

Launched in 2025, the Route28 platform delivers prime brokerage for OTC swaps and synthetic instruments across FX, equities, commodities, digital assets, energy, and rates. Includes cash-settled digital asset swaps for the US market (offered through FCA-regulated UK entity), OTC options prime brokerage, and integrated margin optimization across all derivative positions. Provides US institutions with compliant access to digital asset derivatives exposure.

Clearing & Execution Services

Full-service derivatives clearing for exchange-traded futures and options across multiple asset classes with connectivity to major global derivatives exchanges. Sponsored access and direct market access (DMA) services enable sophisticated trading firms, market makers, and algorithmic traders to access markets with ultra-low latency while benefiting from Hidden Road's clearing infrastructure and pre-trade risk controls. FIX connectivity and APIs support seamless integration with client trading systems.

Margin Financing & Leverage

Comprehensive margin financing for both traditional derivatives and digital asset portfolios. Portfolio-level margining and cross-product optimization across multiple asset classes maximize capital efficiency. Flexible leverage customized to client profiles with competitive institutional rates. Following Ripple's October 2025 acquisition, Hidden Road has significantly expanded financing capacity backed by one of the strongest balance sheets in digital assets, positioning the firm as a leading non-bank provider of institutional margin financing.

Technology & Risk Management

Built on quant-driven proprietary technology infrastructure providing real-time risk management, position monitoring, and reporting across all venues. Modern architecture minimizes counterparty risk while maximizing operational efficiency and scalability. Real-time margin calculations, automated margin calls, and comprehensive stress testing ensure appropriate risk controls for 24/7 digital asset markets and traditional trading hours.