Strategic Move Will Expand COEX’s Capabilities in Fixed Income Credit

LONDON, 15 May 2025 - COEX Partners, a leading agency execution specialist, has entered into an agreement to acquire the credit business of Cambridge International Securities, a US- and UK-based independent fixed income broker-dealer co-founded by Kate Buckley and Bill Weber. This will mark COEX’s entry into the agency fixed income credit market and underscores its ongoing expansion across asset classes and geographies.

As part of the transaction, COEX will take on Cambridge’s credit business, strengthening its fixed income product offering and client coverage. Henry Nevstad will be appointed Global Head of Agency Credit, based in London and reporting to COEX Partners CEO Robert Bond.

“COEX has experienced strong, consistent growth, expanding into new asset classes and regions,” said Robert Bond, CEO of COEX Partners. “Entering the fixed-income credit space has been a strategic priority for us, and Cambridge’s deep expertise in this sector makes them an ideal partner. We are excited to build on their legacy and welcome their talented team to COEX Partners.”
 

ENDS

About TP ICAP Group plc
Through our people and technology, TP ICAP connects buyers and sellers in global financial, energy, and commodities markets. We are a world-leading provider of OTC liquidity and data solutions, with a portfolio of industry-leading brands that include ICAP, Tullett Prebon, PVM, Liquidnet and Parameta Solutions. These businesses provide broking services, data & analytics, and market intelligence that are trusted by clients globally. We operate from more than 60 offices across 28 countries. www.tpicap.com
 

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