Having printed its first trade today, we are pleased to announce the official launch of the OpenYield platform – a modern marketplace transforming the bond trading experience. Read the announcement: https://t.co/MawwNrhIQN
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Catch up on the latest in #FixedIncome markets and indexing.
Listen in to @Bloomberg Indices' Nick Gendron on the @openyld podcast for a discussion on the evolution of bond indices, latest investor trends and more: https://t.co/m849ubZrgr
#BloombergIndices
𝗢𝗽𝗲𝗻𝗬𝗶𝗲𝗹𝗱 𝗜𝘀 𝗔𝘁𝘁𝗲𝗻𝗱𝗶𝗻𝗴 𝗧𝗵𝗲 𝟮𝟬𝟮𝟱 𝗡𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗙𝗶𝘅𝗲𝗱 𝗜𝗻𝗰𝗼𝗺𝗲 𝗖𝗼𝗻𝗳𝗲𝗿𝗲𝗻𝗰𝗲
OpenYield Founder & CEO Jonathan Birnbaum will be in Washington, D.C. for the BOND DEALERS OF AMERICA National Fixed Income Conference on November 6-7 at The Mayflower Hotel.
The event brings together senior leaders, market makers, regulators, and innovators to discuss the evolving landscape of fixed income - from regulatory outlooks and market structure to technology and automation shaping the future of trading.
If you’ll be there, make sure to connect with Jon to learn how OpenYield’s transparent marketplace is improving fixed income execution by providing institutions with firm, automated liquidity across Munis, Corporates, and the entire U.S. Treasury curve.
#FixedIncome #TradingInnovation #MarketStructure #OpenYield #Regulation #Networking $tsla $pltr
🎙️ 𝗡𝗲𝘄 𝗘𝗽𝗶𝘀𝗼𝗱𝗲: 𝗧𝗵𝗲 𝗘𝘃𝗼𝗹𝘂𝘁𝗶𝗼𝗻 𝗼𝗳 𝗙𝗶𝘅𝗲𝗱 𝗜𝗻𝗰𝗼𝗺𝗲 𝗜𝗻𝗱𝗲𝘅𝗶𝗻𝗴 𝘄𝗶𝘁𝗵 𝗕𝗹𝗼𝗼𝗺𝗯𝗲𝗿𝗴’𝘀 𝗡𝗶𝗰𝗸 𝗚𝗲𝗻𝗱𝗿𝗼𝗻
This month on the OpenYield Markets Podcast, host Mark Hebert sits down with Nick Gendron, Global Head of Fixed Income Index Product at Bloomberg - and an influential figure in the history of bond indexing.
Nick explains how fixed income indices evolved from trader-priced benchmarks at Lehman and Barclays to Bloomberg’s transparent, data-driven era powered by BVAL. He also introduces Bloomberg’s newest product which launched today - the U.S. Total Fixed Income Market Index, designed to track the entire investable U.S. bond market, expanding beyond the traditional “Agg” to include areas like high yield, floating-rate debt, and (soon) structured credit.
They also discuss private credit, innovation in index construction, and how Bloomberg balances transparency, stability, and change.
Watch on YouTube: https://t.co/JjT8urIFtT
Listen on Spotify: https://t.co/6g8jciKUE0
Listen on Apple Podcasts: https://t.co/AXW01Ggzas
Bloomberg Press Release: https://t.co/YRJSpPQaYG
𝗖𝗼𝗺𝗶𝗻𝗴 𝗦𝗼𝗼𝗻: 𝗔𝘂𝘁𝗼-𝗖𝗮𝗻𝗰𝗲𝗹 𝗼𝗻 𝗠𝗦𝗥𝗕 𝗣𝗿𝗶𝗻𝘁
Muni market participants face a unique challenge: unlike most fixed income products, going short is impractical. When a liquidity provider posts the same offers across multiple venues, simultaneous executions can create the risk of going short.
OpenYield'𝘀 new Auto-Cancel on MSRB Print is built to solve that problem. Drawing directly from customer feedback, this new technology continuously monitors real-time MSRB trade data and, with opt-in, automatically cancels live offers on OpenYield when an away-market print is detected on the same CUSIP.
This enhancement reflects OpenYield’s commitment to building tools that protect participants, modernize workflows, and improve technology for the Muni market.
Auto-Cancel on MSRB Print - coming soon, only on OpenYield.
#FixedIncome #MunicipalBonds #TradingInnovation #OpenYield #ElectronicTrading $tsla $nvda $amd
𝗪𝗲’𝗿𝗲 𝗽𝗹𝗲𝗮𝘀𝗲𝗱 𝘁𝗼 𝗮𝗻𝗻𝗼𝘂𝗻𝗰𝗲 Wall Street Access 𝗶𝘀 𝗻𝗼𝘄 𝗹𝗶𝘃𝗲 𝗮𝘀 𝗮 𝗹𝗶𝗾𝘂𝗶𝗱𝗶𝘁𝘆 𝗽𝗿𝗼𝘃𝗶𝗱𝗲𝗿 𝗼𝗻 𝗢𝗽𝗲𝗻𝗬𝗶𝗲𝗹𝗱.
A veteran in capital markets, WSA contributes competitive liquidity that expands the breadth and depth of trading opportunities for our growing subscriber base. Their presence underscores a shared commitment to innovating the Muni market through modern, low-cost electronic access.
“Welcoming Wall Street Access further expands the depth and diversity of liquidity on OpenYield,” said Jonathan Birnbaum, Founder & CEO of OpenYield. “Investors benefit from seamless access to a broad spectrum of liquidity on our all-to-all marketplace.”
#wallstreet #fixedincome #automation #marketplace $tsla
𝗧𝗵𝗲 𝗧𝗿𝗮𝗱𝗲 𝗜𝘀𝗻’𝘁 𝗢𝘃𝗲𝗿 𝗪𝗵𝗲𝗻 𝗬𝗼𝘂 𝗦𝗮𝘆 “𝗗𝗼𝗻𝗲”
When most people think about trading bonds, they picture the execution moment - that instant when traders agree to the terms and say “done.” But the truth is, the trade isn’t really over at that point. The real journey has just begun.
In his blog, Eric Levine, Trading and Operations Lead at OpenYield, explains that behind every execution lies a maze of post-trade steps including matching, reporting, clearing, and settlement.
Drawing on his experience transitioning from the fast-paced front office to the intricate world of operations, Eric shows how automation, AI, and clean workflows don’t just reduce errors - they redefine what “done” truly means.
👉 Read Eric’s full blog here: https://t.co/VLvcNy5TTW
#FixedIncome #BondTrading #Operations #FinTech #Automation #AI #OpenYield
𝗪𝗮𝗻𝘁 𝘁𝗼 𝗮𝗰𝗰𝗲𝘀𝘀 𝗢𝗽𝗲𝗻𝗬𝗶𝗲𝗹𝗱’𝘀 𝗰𝘂𝘁𝘁𝗶𝗻𝗴-𝗲𝗱𝗴𝗲 𝗯𝗼𝗻𝗱 𝗺𝗮𝗿𝗸𝗲𝘁𝗽𝗹𝗮𝗰𝗲, 𝗯𝘂𝘁 𝗰𝗼𝗻𝗰𝗲𝗿𝗻𝗲𝗱 𝘆𝗼𝘂𝗿 𝗱𝗲𝘃 𝘁𝗲𝗮𝗺 𝗱𝗼𝗲𝘀𝗻’𝘁 𝗵𝗮𝘃𝗲 𝘁𝗵𝗲 𝗯𝗮𝗻𝗱𝘄𝗶𝗱𝘁𝗵 𝗮𝗳𝘁𝗲𝗿 𝗽𝗮𝘀𝘁 𝗶𝗻𝘁𝗲𝗴𝗿𝗮𝘁𝗶𝗼𝗻 𝘀𝘁𝗿𝘂𝗴𝗴𝗹𝗲𝘀?
Many incumbent fixed income venues were originally designed for GUI-only access. Over time, APIs were added to meet growing customer demand - but often in ways that left developers with lengthy projects, unclear specs, and frequent delays. It’s understandable why business leaders might hesitate to push connectivity projects forward.
At OpenYield, we took the exact opposite approach - carefully building an API-first product that’s fast, clean, and developer-friendly. Developers can spin it up in days - not months. It’s a quick win with real, tangible value your business can capture immediately - without getting stuck in the engineering backlog.
OpenYield co-founder and CTO, Hilton Lipschitz explains why FIX doesn’t need to be a nightmare, and how we’re making connectivity faster, and more reliable .
👉 Read Hilton’s blog here: https://t.co/s7zmgW466U
𝗗𝗼𝗻’𝘁 𝗯𝗲𝗹𝗶𝗲𝘃𝗲 𝘂𝘀? 𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗮 𝗰𝗼𝗽𝘆 𝗼𝗳 𝗼𝘂𝗿 𝗙𝗜𝗫 𝗦𝗽𝗲𝗰 𝘁𝗼 𝘀𝗲𝗲 𝗳𝗼𝗿 𝘆𝗼𝘂𝗿𝘀𝗲𝗹𝗳.
#fixedincome #trading #ats #automation #tech #technology $nvda
𝗣𝗼𝘀𝘁-𝗧𝗿𝗮𝗱𝗲 𝗙𝗹𝗲𝘅𝗶𝗯𝗶𝗹𝗶𝘁𝘆 𝗪𝗶𝘁𝗵𝗼𝘂𝘁 𝗖𝗼𝗺𝗽𝗿𝗼𝗺𝗶𝘀𝗲
Fixed income is relationship-driven - but settlement relationships shouldn’t limit how you trade.
With OpenYield, you get intelligent settlement pathways:
𝗗𝗲𝗳𝗮𝘂𝗹𝘁: Face OpenYield with 𝗶𝗻𝘀𝘁𝗶𝘁𝘂𝘁𝗶𝗼𝗻𝗮𝗹-𝗴𝗿𝗮𝗱𝗲 𝗰𝗹𝗲𝗮𝗿𝗶𝗻𝗴 𝗮𝘁 𝗥𝗕𝗖 𝗖𝗹𝗲𝗮𝗿𝗶𝗻𝗴.
𝗢𝗽𝘁𝗶𝗼𝗻𝗮𝗹: Face contraparty directly via 𝗯𝗶𝗹𝗮𝘁𝗲𝗿𝗮𝗹 𝘀𝗲𝘁𝘁𝗹𝗲𝗺𝗲𝗻𝘁 when mutually opted in.
Our post-trade flexibility is core to our goal of minimizing unit economics and providing solutions that subscribers prefer. Available to both brokers and advisors, the feature enables participants to maintain valued relationships while leveraging the electronic capabilities of the OpenYield ATS.
https://t.co/xTPXqVjAxm
#fixedincome #trading #automation $nvda $tsla
𝗬𝗶𝗲𝗹𝗱𝗖𝗹𝗶𝗽 #𝟭𝟭: What Advice Would You Give to Firms Contemplating Their Strategy for a Fixed Income Offering?
#fixedincome#trading#THEautomatedmarketplace $nvda
https://t.co/wBnwZWjjRU
𝗧𝗿𝗮𝗱𝗲𝗿𝘀 𝗠𝗮𝗴𝗮𝘇𝗶𝗻𝗲 𝗲𝘅𝗽𝗹𝗼𝗿𝗲𝘀 𝘄𝗵𝘆 𝗰𝗮𝗽𝗶𝘁𝗮𝗹 𝗺𝗮𝗿𝗸𝗲𝘁𝘀 𝘀𝗼𝗳𝘁𝘄𝗮𝗿𝗲 𝗵𝗮𝘀 𝗯𝗲𝗰𝗼𝗺𝗲 𝗮 𝗵𝗼𝘁 𝘁𝗮𝗿𝗴𝗲𝘁 𝗳𝗼𝗿 𝗣𝗘 𝗮𝗻𝗱 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰𝘀.
As Traders Magazine outlines, a new wave of M&A interest is building within the sector - not just from strategics, but from private equity firms betting big on where the next generation of platforms will emerge.
Amid billion-dollar moves like Thoma Bravo’s controlling stake in Trading Technologies, and growing investor appetite for next-gen trading models and fast-expanding asset classes, OpenYield was highlighted among fixed-income innovators capturing attention.
As the article reads: “...new fixed income model tech plays moving beyond the mature RFQ/RFS models previously pioneered by Tradeweb and MarketAxess. This includes smaller firms like… OpenYield.”
This Insightful perspective by Michael Kraines is worth a read: https://t.co/OV0zEpxjAb
#trading #fixedincome #ATS #automation #traders $nvda $tsla
𝗕𝗲𝘁 𝗕𝗶𝗴 𝗼𝗻 𝗕𝗼𝗻𝗱𝘀: 𝗢𝗽𝗲𝗻𝗬𝗶𝗲𝗹𝗱 𝗮𝘁 𝘁𝗵𝗲 𝗡𝗬 𝗠𝘂𝗻𝗶𝗰𝗶𝗽𝗮𝗹 𝗕𝗼𝗻𝗱 𝗖𝗹𝘂𝗯 𝗖𝗮𝘀𝗶𝗻𝗼 𝗡𝗶𝗴𝗵𝘁 🎲
@openyld Founder & CEO Jonathan Birnbaum, Head of Business Development Mark Hebert, and Trading & Operations lead Eric Levine will be at The Municipal Bond Club of New York Summer Soirée, Casino Night, & Charity Fundraiser on Thursday, August 14, 2025 at the Classic Car Club in Manhattan.
If you’ll be there, it’s the perfect opportunity to meet the OpenYield team in person and hear how our marketplace is improving fixed income execution for the modern era. Keep an eye out for the team and come say hello!
#MunicipalBondClub #OpenYield #FixedIncome #TradingInnovation #Networking #MuniBonds
@openyld 's latest blog post focuses on best execution. In this installment, our General Counsel and Chief Compliance Officer Tom Shpetner weighs in on structural changes to the bond market and how a low-cost and transparent marketplace like OpenYield should be considered as part of reasonable best-ex diligence.
𝗥𝗲𝗮𝗱 𝗧𝗵𝗲 𝗕𝗹𝗼𝗴: https://t.co/n4Aez12uu5
#fixedincome #trading #ats #bestex #cco
𝗕𝗼𝗻𝗱-𝗧𝗿𝗮𝗱𝗶𝗻𝗴 𝗔𝗹𝗴𝗼𝘀 𝗔𝗿𝗲 𝗡𝗼 𝗟𝗼𝗻𝗴𝗲𝗿 𝗙𝗶𝗰𝗸𝗹𝗲.
Corporate bond algos are maturing, and shedding their reputation for unreliability during market stress. During April’s tariff volatility, algos continued to operate, as reported by Bloomberg. Compared to 2020 market swings, many were turned off, reflecting that we’re now in a more advanced era. The difference? Smarter models, richer data sets, and modern infrastructure.
@openyld is the first bond marketplace purpose-built for algo liquidity providers - high-performance, low-latency, small-ticket friendly, and API first. Designed to meet the demands of automated strategies, OpenYield handles thousands of order updates per second. As fixed income continues to modernize, we empower our clients to leverage the incredible capabilities of automated liquidity, fundamentally changing the costs and capabilities of the asset class.
#bonds #trading #ats #fixedincome #THEautomatedbondmarketplace $pltr $tsla
🔗 Read the article: https://t.co/O2IB6hXqVg
@business@markets
https://t.co/L4AzZm3xdX
𝗥𝗲𝘀𝘁𝗶𝗻𝗴 𝗢𝗿𝗱𝗲𝗿𝘀: 𝗧𝗿𝗮𝗱𝗲 𝘄𝗶𝘁𝗵𝗼𝘂𝘁 𝗰𝗿𝗼𝘀𝘀𝗶𝗻𝗴 𝘁𝗵𝗲 𝘀𝗽𝗿𝗲𝗮𝗱
In the bond market, clients traditionally request quotes and then trade on the best available price, effectively crossing the bid-ask spread. Instead of always paying for immediacy, OpenYield clients can also trade passively via limit orders. Utilizing limit orders lets the market come to you, resulting in reduced execution costs.
- 𝗟𝗲𝗮𝘃𝗲 𝗿𝗲𝘀𝘁𝗶𝗻𝗴 𝗯𝗶𝗱𝘀 on US Treasurys, Munis, and Corporate bonds
- 𝗦𝗸𝗶𝗽 𝘁𝗵𝗲 𝗯𝗮𝗰𝗸-𝗮𝗻𝗱-𝗳𝗼𝗿𝘁𝗵 - post your bid and let the market to come to you
- 𝗢𝗻𝗹𝘆 𝗲𝘅𝗲𝗰𝘂𝘁𝗲𝗱 𝗮𝘁 𝘆𝗼𝘂𝗿 𝗱𝗲𝘀𝗶𝗿𝗲𝗱 𝗹𝗲𝘃𝗲𝗹 - don’t pay the full offer side
To learn more about resting limit orders on OpenYield, schedule a demo: https://t.co/31uWktwCgP
#fixedincome #ats #automation #market #marketpalce $meta $tsla $nvda
In our world of machines, protocols, and automation - it’s people who are building and pushing the boundaries.
Thank you to our partners who joined us for an intimate wine tasting. We’re excited and grateful to advance the frontier of the bond market with you.
Special thanks to Tom Shpetner, OpenYield's GC, CCO, and resident sommelier, for curating and pouring an exceptional selection.
https://t.co/mcMpZ8FMuw
#fixedincome #trading #automation $nvda $tsla
𝗬𝗶𝗲𝗹𝗱𝗖𝗹𝗶𝗽 #𝟭𝟬 What are the main benefits of connecting to a marketplace like OpenYield Vs establishing many direct connections? | OpenYield
#fixedincome#trading#automation $tsla
https://t.co/7uQxBWpd3P