Castle Securities Considers Expanding Fixed Income Business to Fill Gaps

Castle Securities is considering expanding its fixed income business to address gaps in the market, according to CEO Jim Esposito. Speaking on Tuesday, Esposito stated: 'We are just getting started in fixed income and will consider expanding and developing that business over the next few years. We are not rushing, but there are indeed some gaps in our current product offerings.' Castle Securities has long held a significant position in the stock market and has recently deepened its involvement in handling large-scale stock trades for institutional clients. Esposito joined Castle Securities from Goldman Sachs in 2024. He noted that the company's stock business has already 'reached scale'.