Richard Murphy, CEO and Co-Founder
Richard Murphy is the CEO and one of the co-founders of Australian Corporate Bond Company. Before establishing ACBC with the other co-founders and putting in place the executive team, Richard had over 25 years' experience of developing new markets, products and services for ASX Limited.ETF market & mFund service
During his time at ASX, Richard was involved in developing the ETF market from a $600m market to a $10 billion market. He introduced the biggest evolution to CHESS - theĀ mFund service, allowing transactions in managed funds to be settled, alongside equities.Warrant & ETO markets
He made significant changes to both the Warrants and ETO markets in product structure, market-making, pricing and marketing. He also developed the AQUA market listing concept for ETFs, Funds and Structured Products. He developed a magazine with Fairfax, called āLeverageā to promote more complex investment products, which was funded from capital Richard sourced from the investment banks.Ā His team developed the initial concept for a direct gold security on ASX, which was developed by Graham Tuckwellās ETF Securities resulting in the launch of the worldās first Gold ETF in 2003.Trading markets
Richard was responsible for ASXās HFT and dark pool strategy, including:- Centre Point, the worldās largest exchange operated dark pool
- VolumeMatch and
- PureMatch