/Companies

Cicada

Greenwich, US · Founded 2021 · 29 employees on LinkedIn · 3 known investors

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Cicada operates a web-based fixed-income trading platform offering two protocols, a central limit orderbook and a request-for-quote system, aimed at institutional investors and dealers. It provides access to cross-border liquidity, anonymous trading, and market analytics tools.

Founders & leadership

Cicada was founded in 2021 by Ignacio Tovar, Manuel Ballesteros, Javier Hernández R., and Javier Hernández Rivero.

ITIgnacio Tovar
Ignacio TovarFounderCo-Founder and Co-CEO of Cicada, which builds financial infrastructure for fixed-income markets, including an electronic trading platform and exchange. He works across product, engineering, and market strategy, and handles regulatory and compliance matters as a Supervisory Principal holding FINRA SIE, Series 7, and Series 24 licenses.
MB
Manuel BallesterosFounder
JHJavier Hernández R.
Javier Hernández R.FounderJavier Hernández R. trained as a physician and holds a Ph.D. from Germany, and previously worked at McKinsey & Company and Zocdoc. He founded Clube Urbano (acquired by Groupon) and co-founded Cedar, a company operating at the intersection of fintech and healthcare technology.
JH
Javier Hernández RiveroFounder

Investors · 3

Funding

SEC filings, press & company announcements

Source: company announcements and press reports — follow each round's link for the claim.

In the news

Frequently asked questions

What does Cicada do?
Cicada operates a web-based fixed-income trading platform offering two protocols, a central limit orderbook and a request-for-quote system, aimed at institutional investors and dealers. It provides access to cross-border liquidity, anonymous trading, and market analytics tools.
Who founded Cicada?
Cicada was founded by Ignacio Tovar, Manuel Ballesteros, Javier Hernández R., Javier Hernández Rivero in 2021.
Who are Cicada's investors?
Cicada's investors include 500 Global, Dila Capital, Kaszek Ventures.
Where is Cicada headquartered?
Cicada is headquartered in Greenwich, US.