Fixed Income Solutions

What Fixed Income Solutions does

Fixed Income Solutions Pty Ltd is an Australian wholesale fixed income intermediary headquartered in Sydney, with additional offices in Melbourne and Brisbane. The firm operates as a subsidiary of NASDAQ-listed BGC Partners (BGCP) and was rebranded in 2018 from Mint Partners Australia, which had been established in 2013 as a BGC division. Fixed Income Solutions serves private wholesale clients — including high-net-worth individuals, self-managed trusts, family offices, intermediary advisors, asset and wealth managers, corporates, not-for-profits, credit unions, and small corporates — across the Australian fixed income market, with international product channelled in through global bank partnerships.

The company offers six integrated services: fixed income broking (covering OTC, ASX, NYSE and other exchanges across AUD and non-AUD denominations), custody via Apex Fund Services (part of the Apex Group servicing US$40bn of assets across 104 markets), money market intermediation across APRA-regulated banks, debt capital markets distribution in cooperation with Nomura, Deutsche Bank, Goldman Sachs, and Macquarie Bank, in-house market and credit analysis disseminated through weekly newsletters, and Individually Managed Accounts subject to a $250,000 minimum investment across three target-return tiers (Conservative 6.00%, Balanced 7.00%, High Yield 8.25%). All services run over a proprietary trade execution and reporting platform that the company describes as delivering low-cost execution with no custody fees.

Revenue is generated through three streams: percentage-based management fees on IMA portfolios, intermediary fees received directly from banks for money market placement, and competitive-margin transaction economics underpinned by high turnover and large volumes. The firm holds Australian Financial Services Licence (No. 399636) from ASIC and complies with the Australian Privacy Principles. GTM is sales-led and relationship-driven, relying on dedicated account representatives, frequent portfolio reviews, client seminars, and educational content to reach a wholesale audience across Australia.

Name

Fixed Income Solutions

Legal name

Fixed Income Solutions Pty Ltd

Website

https://fixedincomesolutions.com

Company type

Private

Founded year

1945

Operating status

Operating

Headcount range

11–50 employees

Short description

Fixed Income Solutions is an Australian wholesale fixed income intermediary and BGC Partners subsidiary providing brokerage, custody, money market, debt capital markets distribution, credit research, and individually managed accounts to high-net-worth investors, family offices, advisors, corporates, and credit unions across Australia.

Ownership category

akta.pro rank

Product category

Fixed Income Brokerage and Wholesale Investment Services

NAICS

Investment Banking and Securities Intermediation (523150), Securities and Commodity Contracts Intermediation and Brokerage (5231), Portfolio Management and Investment Advice (523940)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282)

akta.pro primary industry

Fixed Income Brokerage (Bonds) (FSAEACAJ)

akta.pro secondary industries

Fixed Income Electronic Trading Platforms (Bonds/Credit) (FSAFANAB), Multi-Sector / Total Return Fixed Income (FSAAAHAJ)

Keywords

• Fixed income brokerage
• Wholesale investment services
• Debt capital markets
• Money market placement
• Managed portfolio services

Headquarters

HQ city

Sydney

HQ country

Australia

HQ region

Oceania

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Management Fees: Fixed Income Solutions charges management fees based off total portfolio invested value for Individually Managed Account services. No fixed term contract or break fee applies.
2. Intermediary Fees from Banks: The company collects fees directly from banks for money market services - there are no client charges. Fixed Income Solutions acts as intermediary between lenders and borrowers, researching APRA-regulated banks to find best fit for investment needs.
3. Competitive Margin Revenue: High turnover, large volumes and low margins ensure clients enjoy best price execution in the market. The company maintains competitive pricing to generate returns for clients.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Fixed Income Solutions provides premium fixed income brokerage and investment services to wholesale clients in Australia, including access to domestic and international bond markets (OTC, ASX, NYSE), bespoke Individually Managed Accounts, custody via Apex Fund Services, money market placements with APRA-regulated banks, debt capital markets distribution, and credit/market analysis. The offering is underpinned by a proprietary trade execution and reporting platform that enables no-custody-fee, low-cost service delivery.

Product overview

Fixed Income Solutions offers a premium fixed income service platform with six integrated service offerings: Fixed Income (core investment service), Custody (asset protection via Apex Fund Services), Money Markets (cash allocation optimization), Debt Capital Markets (corporate debt funding), Market and Credit Analysis (research and insights), and Individually Managed Accounts (bespoke portfolio management). The company operates a proprietary trade execution and reporting platform that underpins all services, enabling highly efficient execution, transparent reporting, and no custody fees across its wholesale client base.

Differentiator

Problem solved

Functional benefit

Products and services

• Fixed Income Broad coverage fixed income brokerage providing access to domestic and international fixed income markets including OTC, ASX, NYSE and other global exchanges. Offers diversified fixed income products in AUD and non-AUD denominated currencies, with direct fixed income investment opportunities (OTC and exchange-listed bonds; government, semi-government and corporate bonds; fixed-rate, floating-rate, inflation-linked and discount securities; senior debt, subordinated debt, hybrids and mortgage-backed securities) and primary debt issuance distribution. For wholesale clients including private clients, HNW individuals, corporates, not-for-profits, intermediary advisors, family offices, asset managers, wealth managers, credit unions and small corporates.
• Custody Premium custody service for both AUD and non-AUD client assets, delivered through Apex Fund Services (part of the Apex Group). Provides investor protection through asset segregation, settlement monitoring, daily cash transaction and position reconciliations, transparent monthly client holdings/valuation/activity statements, and independent oversight over internal controls (GS007 report). Fixed Income Solutions oversees trade settlement, coupon collection and processing, corporate actions, and stock maturities. For wholesale fixed income clients.
• Money Markets High-touch money market service helping investors maximise yield on cash allocation by researching an extensive panel of APRA-regulated banks and acting as intermediary between lenders and borrowers. Provides access to 11am cash, certificates of deposit, repurchase agreements, negotiable certificates of deposit (NCD), bank bills, commercial paper (CP), and term deposits of up to five years. Includes pre-population of forms and AML support. For wholesale investors from private clients to middle-market and institutional investors.
• Debt Capital Markets Flexible and efficient debt funding service for high-quality corporate borrowers, delivering diverse primary market opportunities including investment-grade, fixed-rate and floating-rate bonds, emerging markets, high-yield and subordinated bonds. Distributes primary debt issuance after meticulous and unbiased due diligence, leveraging close cooperation with Nomura Australia, Deutsche Bank, Goldman Sachs and Macquarie Bank. For high-quality corporate borrowers and wholesale investors seeking primary issuance exposure.
• Market and Credit Analysis Expert market analysis covering government and corporate bonds, term deposits, hybrids, residential mortgage-backed securities (RMBS) and other fixed income securities, both listed and over the counter. Produces two weekly newsletters: one on macroeconomic data, news and market movements (interest rates, yield curves, credit spreads, inflation, currencies) and another on credit opportunities highlighting relative value trade ideas and credit analysis reports. For wholesale clients and intermediaries.
• Individually Managed Account (IMA) Bespoke individually managed account service delivering professional fixed income portfolio management with detailed monthly portfolio reports, transparent reporting, and 24/7 online portal access. Management fee is based on total portfolio invested value; no fixed term contract or break fee applies. Available to all wholesale investors with a minimum investment of $250,000. Portfolio strategies target Conservative (6.00% net), Balanced (7.00% net), and High Yield (8.25% net) returns pre-tax and after all fees and costs.

Quantifiable outcome

• Conservative Portfolio: 6.00% net target return
• +2 more outcomes

Segments7 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature1 record

Partnerships

Six partnerships are on record, tiered core and major.

• Apex Fund Services (Apex Group)coreOthersFixed Income Solutions provides premium custody service for both AUD and non-AUD client assets through Apex Fund Services, part of the Apex Group which is a global custody provider servicing US$40bn of assets across 104 markets around the world. Apex's rigorous internal control measures ensure highest levels of protection including asset segregation, settlement monitoring, daily reconciliations, and independent oversight (GS007 report).
• Nomura AustraliamajorStrategic or Co-development PartnerFixed Income Solutions extends its debt placement capabilities through close cooperation with Nomura Australia. The partnership provides access to primary market opportunities in debt capital markets. Fixed Income Solutions does not have obligation to participate in every origination opportunity - only after meticulous and unbiased due diligence will the team agree to distribute on behalf of partners.
• Deutsche BankmajorStrategic or Co-development PartnerFixed Income Solutions cooperates closely with Deutsche Bank for debt placement capabilities and primary market access. The partnership enables distribution of debt transactions after thorough due diligence process.
• Goldman SachsmajorStrategic or Co-development PartnerFixed Income Solutions extends debt placement capabilities through cooperation with Goldman Sachs, enabling access to dynamic capital markets globally. Distribution of transactions occurs only after meticulous and unbiased due diligence.
• Macquarie BankmajorStrategic or Co-development PartnerFixed Income Solutions cooperates with Macquarie Bank for debt capital markets operations and primary debt issuance access. The partnership provides diversified primary market opportunities in both domestic and international capital markets.
• BGC PartnerscoreOthersFixed Income Solutions is a division of BGC Partners Inc., a global investment and brokerage bank. The company leverages global expertise, technology resources, and international reach through the BGC Group network. BGC Partners traces roots back to 1945 and operates across global markets.

Scale indicators3 records

Recent moves7 records

Expansion highlights4 records

Broad incumbents

• Macquarie Bank: Major Australian bank with a substantial fixed income, debt capital markets, and securities distribution business. Both a partnership counterparty and broad incumbent competitor for Australian fixed income wholesale clients.
• Goldman Sachs: Global bulge-bracket bank with extensive fixed income, DCM, and securities services businesses. Partner to FIS for primary debt issuance but also a direct competitor at the high-net-worth and institutional tier across global markets.
• Deutsche Bank: Global bank with leading fixed income, currencies, and debt capital markets businesses. Partner to FIS for Australian DCM distribution while also serving institutional and wholesale fixed income clients directly.
• Nomura Australia: Global investment bank with Australian fixed income and DCM operations. Partnership counterparty to FIS for primary issuance access, but also a direct wholesale fixed income competitor in the Australian market.

Direct peers

• FIIG Securities: Australia's largest dedicated fixed income broker, offering direct bond access and managed accounts to retail and wholesale investors. Most direct competitor to FIS in the Australian fixed income intermediary space, with comparable value proposition across credit selection and trade execution.
• Yieldbroker: Australian electronic trading platform for fixed income securities (acquired by Tradeweb in 2020). Comparable as a fixed income electronic execution venue serving Australian institutional and wholesale clients.
• BondAdviser: Australian fixed income platform serving financial advisers and their clients with bond access, research, and managed model portfolios. Direct peer to FIS given its Australian focus, intermediary advisor client base, and fixed income specialisation.

Emerging players

• BondbloX: Singapore-headquartered fixed income exchange and platform for fractional bond trading. Comparable to FIS in offering broader access to bond markets through technology-enabled intermediation, though focused on Asian markets.
• Kapstream Capital: Australian-based fixed income fund manager focused on absolute return and enhanced cash strategies for institutional and wholesale clients. Comparable to FIS's IMA offering given its fixed income specialisation and Australian focus, though operating on the buy-side rather than intermediating trades.

Others

• Apex Group: Global custody, fund administration, and financial services provider servicing US$40bn+ across 104 markets. Direct custody and asset servicing partner to FIS, providing the underlying operational infrastructure that FIS relies upon for its custody and IMA services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/fixed-income-solutions

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fixed Income Solutions