JERSEY CITY, N.J.--(BUSINESS WIRE)--SumRidge Partners, LLC, (SumRidge) a top-ranked principal based fixed income market maker, announces the hiring of Marshall Nicholson as a Senior Advisor to the firm. Mr. Nicholson has over 20 years of experience in electronic fixed income trading, having served as President of Millennium Advisors, LLC, and, most recently, as President of ICE Bonds.
“After a record 2020 in which we traded approximately $100 billion in fixed income securities with over 1,000 distinct counterparties, we are excited to partner up with Marshall. We are confident that his industry experience and knowledge will no doubt help us navigate our next phase of planned growth, delivering value for our colleagues, clients, and shareholders, said Kevin Morano, Chairman of SumRidge Partners, LLC. Mr. Nicholson’s focus will largely encompass electronic distribution opportunities, geographic and product expansion strategies, as well as broadening relationships with key stakeholders, including clients, regulators and vendors.
“I am most pleased to join the team at SumRidge Partners. What the organization has built over the last decade is remarkable and a testament to not only vision, but more importantly executing on that vision. The business is well positioned to capitalize on the continued evolving of the fixed income markets and I look forward to being part of that,” said Mr. Nicholson.
About SumRidge Partners, LLC
SumRidge Partners, LLC is a top ranked electronic fixed income market maker, specializing in high yield and investment grade corporate bonds, municipal bonds, institutional preferred securities and emerging market bonds. SumRidge Partners was formed in 2010 following the aftermath of the financial crisis and subsequent liquidity shortfall that occurred within fixed income trading; operating as a premier, electronic based fixed income market maker. SumRidge uses its own balance sheet to facilitate flow trading, ensuring instantaneous execution for its diverse client base. SumRidge currently ranks among the top liquidity providers on most major electronic bond exchanges, leveraging the firm’s technological strengths and an experienced sales and trading team.
For more information about SumRidge, visit www.sumridge.com.