OpenYield

Retail investors are showing clear signs they demand more from the fixed income market... With interest rates staying higher for longer, retail traders seek simple solutions to buy bonds. Brokerage platforms offering direct access to fixed income are seeing an increase in bond-buying activity.?As the recent article by GlobalTrading points out, the bond market has benefited from retail participation and has a total average daily notional value of $1T+, up 20% from 2022. As demand grows, the pressure is on to meet expectations and provide access to institutional-grade liquidity and competitive pricing—without the usual minimum trade size restrictions. Low-cost trading venues and easy access to online platforms allows retail investors to pursue new opportunities in fixed income. Read the full article below to learn more about the recent evolution of retail size flow.

Friday Fun - Happy to share the Name's Bond**** Game: https://lnkd.in/eeuCK_J9 How well do you know the landscape?? (Tip: check out Unyieldy Mode if you're a bond market maven!) How: I collaborated with Claude AI to quickly translate a spontaneous idea into a functioning app. Why: Fun and Education. Enjoy - leave feedback in the comments!

Not all markets trade at the speed of light—but that doesn’t mean they don’t need automation... On The OpenYield Markets Podcast, Marty Mannion from TDSAT shares how his team views markets on a continuum—some are hyper-focused on speed, while others, like fixed income, are less latency-sensitive but desperate for automation. Watch The Full Episode Here: https://lnkd.in/eBwsxmRy Listen On Spotify Here: https://lnkd.in/e5ve7ZDV #FixedIncome #BondMarket #Automation #ElectronicTrading #MarketStructure #Podcast #OpenYield

“?????? ???????? ???????????? ?????? ?????????? ?????? ???????? ???? ???????????????????? ??????????????. ?????? ???????? ???????? ???? ?????????? ????????????????????.” Kevin McPartland highlights what many in fixed income already sense: automation is the buy–side’s next big demand. ????, ???????? ???? ?????????????? ???????????????? ????????? ?? Auto-quote expansion –?liquidity beyond the most liquid IG names ?? Better data for execution decisions – TCA (transaction cost analysis) ?? API-driven workflows – access liquidity without clicking through screens. ???? ??????????????????, ???? ?????????? ?????? ?????????????????????? ???????? ???????????????? ???????? ??????????????????: ? API-first access – Connect your OEMS directly to our marketplace for seamless trading and data integration ? Built for automation – Our unique protocols, high-performance infrastructure, and low-cost model enable firms to focus on strategy, not execution hurdles? ? Equity-like execution – Firm, live, and executable quotes with no minimum sizes. Read Kevin's full insights here: https://lnkd.in/enVExPDW #FixedIncome #BondMarket #Automation #APIs #ElectronicTrading #CorporateBonds #KevinMcPartland #OpenYield

???????????????? ???????? ???????????????????? ?? ???????? ???????????? ????????????: 30/360 bonds settling T+1 earn a full 30 days of accrued interest—despite February’s 28 days. This quirk harks back to an era of paper ledgers and pencil math, when bankers assumed 30-day months and 360-day years to simplify calculations and settle disputes. Today, this manual-era holdover persists, even as algorithms recalibrate prices to eliminate arbitrage. While electronic trading challenges some conventions, day-counts like 30/360 may endure until bonds shift to continuously updated ledgers. At OpenYield, we’re challenging convention with a seamless secondary market for bonds—and soon, the primary market and security formation process will evolve too.

? Feb 2025: Launch The OpenYield Markets Podcast hosted by Mark Hebert I am incredibly proud of how well our first episode came together. Our team and guests did a fantastic job making this happen and now I can’t wait for our next episodes to come out. Just like the equities market, fixed income deserves high quality content and broad exposure. While many people never learn about or even know what a bond is, I’m excited to be a part of educating everyone from the general public to seasoned vets about the future direction of fixed income trading. Here’s some behind the scene photos of our podcast production! Check out the full podcast: https://lnkd.in/es7uKN2v

We’re thrilled to launch the first episode of The OpenYield Markets Podcast, hosted by our very own, Mark Hebert. In this inaugural episode, Mark is joined by two prominent figures—Marty Mannion and Matthew Schrager, co-heads of TD Automated Securities. Referred to as the "Lewis and Clark" of automated fixed income trading, Marty and Matt are pioneers, dedicated to progressing an industry in need of modernization. Hear Marty and Matt share their journey from Headlands to TD, discuss the evolution of fixed income markets, and explore the transformative role of automation, liquidity, and market efficiency. Watch The Full Episode Here: https://lnkd.in/eBwsxmRy Listen On Spotify Here: https://lnkd.in/e5ve7ZDV

The bond market is evolving — are you keeping up? In his latest blog, Founder & CEO Jonathan Birnbaum exposes 10 fixed income fictions that no longer hold up — and unpacks what’s really shaping today’s market. With new technology, trading protocols, and liquidity models redefining fixed income, staying ahead means challenging old assumptions. Catch up on the full breakdown here: https://lnkd.in/ezWk5stC #FixedIncome #MarketStructure #ElectronicTrading #FinancialMarkets #Innovation

As a developer, I've been frustrated for 25 years with the complexities in the dark arts of building connectivity in Fixed Income. Fixed income trading is tough enough. https://lnkd.in/e_PH5uUB At OpenYield, I've turned chaos into clarity. We offer standard formats, free code, live environments and lit support to make it fast, easy, simple and -- dare we say it -- enjoyable, because guesswork is *not* a strategy. And when you're done, let's have a drink and a laugh about it. So press the easy button now to connect to OpenYield, the bond market you've been waiting for.

At OpenYield, we’re committed to serving all institutional participants – from retail brokerages and advisors to asset managers and market makers. By uniting market participants, we’ve created a dynamic liquidity environment that addresses many of the industry’s most pressing bond investing challenges. Our network of institutional subscribers powers a more liquid, efficient trading environment, while our vendor partners ensure seamless access. The result? The bond marketplace you’ve been waiting for.? ? Who’s in? Explore OpenYield partners and clients: https://openyld.com/ #fixedincome #bondmarket #liquidity #fintech #financialservices