SumRidge Partners
Financial ServicesNew Jersey, United States11-50 Employees
SumRidge Partners is a financial services firm that operates as a principal-based fixed income market maker. The company focuses on high yield and investment grade corporate bonds, municipal bonds, institutional preferred securities, emerging market debt, and non-agency mortgage-backed securities, using its balance sheet to facilitate flow trading and provide instantaneous execution for clients trading in relatively small sizes. Its services encompass live market making as well as delivering fixed income trade ideas and desk commentary to a global distribution platform serving institutional, middle-market, and wealth-management clients. Based in Jersey City, New Jersey, SumRidge was established in 2010 in response to liquidity shortfalls observed after the financial crisis and today positions itself as a top liquidity provider for odd-lot trading on major electronic bond exchanges. The firm emphasizes its electronic market-making capabilities and a specialized sales and trading team to support its client base. In addition to its market-making activity, SumRidge offers analytical insights and trading ideas to its professional audience. A recent leadership addition noted is the appointment of a Senior Advisor in 2021, reflecting ongoing strategic expansion.