Neptune Networks has welcomed National Bank of Canada to its growing dealer network, further strengthening its North American credit offering.

National Bank of Canada is now live on the platform for USD Credit, initially contributing Investment Grade axes, with additional asset classes expected to follow. The addition enhances both the depth and regional coverage of pre-trade data available to buy-side clients.

As the third Canadian bank to join Neptune, this milestone reflects continued momentum in the network’s expansion, driven by demand for high-quality, actionable data from trusted counterparties across global fixed income markets.

Explore Neptune’s growing dealer network.

Neptune Networks continues to expand its dealer network with Susquehanna International Group now live on the platform.

Susquehanna is contributing Investment Grade and High Yield axes for European Credit, adding further depth to the pre-trade data available across Neptune’s network.

The addition strengthens the quality of market signals accessible to buy-side clients, supporting more effective engagement between the buy-side and sell-side and enabling more informed liquidity discovery.

Neptune Networks has expanded its EMEA Rates offering with Citi now contributing data to the platform.

Citi is publishing axes across European Government Bonds (EGBs), SSAs and Covered Bonds, further strengthening the breadth and depth of pre-trade data available to buy-side clients across the network.

The addition supports Neptune’s continued focus on delivering high-quality, real-time data from trusted counterparties, enabling greater transparency and more effective liquidity discovery across EMEA fixed income markets.

Neptune Networks has expanded its data offering into the US Rates market, with the addition of two new feeds from Barclays.

The new Rates feeds mark a further step in broadening the scope of pre-trade data available across the platform, providing buy-side clients with enhanced visibility into US Rates markets and supporting more informed trading decisions.

This development reflects Neptune’s continued focus on growing both the depth and coverage of its network, in line with evolving client demand for high-quality, real-time data across global fixed income markets.

 

Neptune Networks has welcomed Helaba as a new contributing dealer to its growing sell-side community, further enhancing the breadth of data available across the platform.

Helaba is now live on Neptune, publishing axes across Covered Bonds, SSAs, Senior Financials and European Corporate Bonds. The addition provides buy-side clients with greater transparency and access to actionable pre-trade insights across key areas of the European fixed income market.

With Helaba onboard, Neptune’s network now includes 34 contributing dealers. This continued expansion reflects sustained buy-side demand for high-quality, reliable data from trusted counterparties, supporting more efficient liquidity discovery and informed trading decisions.

Digital ecosystems and partnerships are extremely important to Helaba to create innovative and efficient solutions for our customers. By collaborating with platforms such as Neptune, we are strengthening our position as a reliable partner in the European capital market and offering our customers access to even greater transparency and market potential.

Neptune Networks has welcomed Natixis Corporate & Investment Banking to its growing sell-side network, further strengthening the platform’s European credit offering.

Natixis will contribute Investment Grade and High Yield European Credit axes, enhancing both the depth and overall quality of pre-trade data available to buy-side participants across the network. The addition reflects continued momentum in Neptune’s expansion, as demand for high-quality, actionable axe data remains strong.

With Natixis now live, Neptune’s sell-side community stands at 33 members, comprising a mix of global investment banks, alternative liquidity providers and broker-dealers. Together, they deliver more than 275,000 axes and inventory items to buy-side clients through the platform.

The growth of the network continues to be driven by buy-side demand for reliable, real-time data from trusted counterparties, supporting more informed decision-making and improved liquidity discovery across fixed income markets.

Neptune to deliver exciting new features via agile, new platform developed by Genesis

London and Miami – June 22, 2022 — Neptune Networks Ltd., the fixed-income pre-trade market utility, and Genesis Global, the low-code application development platform purpose-built for financial markets organizations, today announced that a new, expanded Neptune platform developed by Genesis will launch in early July.

The enhanced Neptune service will offer its 115 clients and dealers a new web interface and several new features including:  single name CDS, support for emerging market bonds and improved market analysis, including axe skews.  All prior services and functionality offered by Neptune will remain available on the new platform.

“Bringing Neptune onto Genesis technology enables us to provide the next-generation service the fixed income market requires,” said John Robinson, CEO at Neptune Networks Ltd.  “Adding single-name CDS and a host of other features are timely additions to our service and, going forward, Genesis enables us to update and upgrade our service with supreme speed.  We have an exciting roadmap to supply even more data, analytics and customization to our global buy- and sell-side community.”

“Building the Neptune service capitalizes on our fixed-income expertise and the transformative power of our low-code platform,” said Stephen Murphy, CEO and co-founder of Genesis.  “Our low-code architecture makes it easy for services like Neptune to add new features, datasets and analytics.  With its new platform in place, Neptune has unmatched ability to bring new levels of innovation to its community and the market.”

Genesis commenced development of the new Neptune service in January and the firms believe this exemplifies the fast, modern deployment approach Genesis affords a sophisticated, global, fixed-income markets platform and other complex initiatives. “Start to finish in six months for a platform and community this size is one of the fastest builds I have been involved with,” observed Gavin Collins, CTO at Neptune.

The modular, low-code software design by Genesis makes it much easier and faster for Neptune to introduce new capabilities and analytics.  Rather than amending traditional code, updating Neptune to provide new data or functionality simply requires adding modules or amending modules already in the system.

The new Neptune platform integrates with leading order management systems (OMS), execution management systems (EMS) and proprietary trading tools with a FIX API.  Data can also be transmitted via SFTP and any user can access Neptune’s user-friendly interface.

 

About Neptune Networks

Neptune supplies the highest quality bond pre-trade data (axes and inventory) from the sell-side to the buy-side via FIX. There are currently 31 banks on the platform. Neptune supplies data that is standardised, real-time and direct from sell-side risk systems, rather than periodic runs or manual spreadsheets with their high probability of errors and poor timeliness. Neptune data is delivered via several workflow efficient options, including direct to client OMS and/or EMS, or via a single API, providing dealers’ data via one connection.

The platform carries over 100,000 positions daily, around $600bn in notional liquidity, in asset classes such as Credit, Rates and Emerging Markets. Neptune is used by 80 buy-side firms globally, managing in excess of $50 trillion in AUM.

Neptune has consistently grown since inception in mid-2016 and was highlighted in The Desk’s 2022 Trading Intentions Survey of major buy-side customers as the most used independent pre-trade source.

 

About Genesis

Genesis provides freedom from legacy and replaces the buy versus build challenge with a buy-to-build solution. Purpose-built for financial markets organizations, the Genesis low-code platform powers application development with the speed, performance and flexibility these organizations need to gain a sustained competitive edge.  With highly composable and customizable components, development teams can accelerate innovation today while scaling for tomorrow.

Whether it’s extending the capabilities of legacy applications or building brand new apps or platforms, Genesis supercharges developers with reusable components, dev tools, and documentation. Built with modern technologies and an event-driven architecture, the platform can handle the performance and scalability needs of the world’s premier financial markets institutions.

With years of financial markets and technical expertise, the Genesis team understands how financial markets organizations need to innovate their products, services and applications with speed and agility to maintain a competitive edge.  Genesis has global offices in Miami, New York, Charlotte, London, São Paulo and Dublin.

 

Neptune Networks Ltd. (Neptune), the fixed income pre-trade market utility, announces the appointment of John “Coach” Robinson as permanent Chief Executive Officer (CEO).  Robinson commenced in the role on the 9th of September 2021. Robinson has worked with Neptune as a senior consultant since November 2020.

Neptune has been under the leadership of Interim CEO, Byron Cooper-Fogarty since January 2020. Cooper-Fogarty is remaining with Neptune and will form part of the Management Team as COO.

Robinson has over 34 years’ experience with Morgan Stanley, including senior roles as US Head of Credit Sales, Head of EMEA Credit Sales and Head of Emerging Markets Sales, having held trading positions with the bank earlier in his career.

Commenting on his appointment, John Robinson said, “I’m thrilled to lead the Neptune team and build on the existing strong foundation through collaboration with my extensive global network. I will work to accelerate the firm’s effort in becoming a key element in the trading ecosystem for Fixed Income. We’ll achieve this by continuing to be the provider of the highest quality pre-trade data, accessible through multiple points of connectivity.”

Jim Switzer, Head of Fixed Income Trading at Alliance Bernstein, said, “We have been and remain strong supporters of Neptune and the value the utility model brings to Fixed Income markets. Hiring a person of John’s experience and track record will bring real dynamism to the firm.”

Dwayne Middleton, Global Head of Fixed Income Trading at T. Rowe Price, commented on Robinson joining Neptune, “The fragmentation in fixed income markets requires innovative approaches by market participants to solve the pre-trade analytics liquidity puzzle. Neptune has been at the forefront of organising and aggregating large data sets to improve the speed and efficiency for the buy side fixed income investor.  Adding a high calibre talent such as John, who has a unique understanding of both buyside and sellside workflows, will enhance the collaborative partnership Neptune has with their clients.”