OpenYield

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: openyld.com/openyield-laun… (1/3)

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: bloom.bg/4nZV25b #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: lnkd.in/eKDiB6st Listen on Spotify: lnkd.in/ePFTgk2b Listen on Apple Podcasts: lnkd.in/eTHGf4ku Bloomberg Press Release: lnkd.in/eiTbSqKv

𝗢𝗽𝗲𝗻𝗬𝗶𝗲𝗹𝗱 𝗽𝗿𝗼𝘂𝗱𝗹𝘆 𝘀𝘂𝗽𝗽𝗼𝗿𝘁𝘀 𝘁𝗵𝗲 𝗕𝗿𝗼𝗼𝗸𝗲 𝗝𝗮𝗰𝗸𝗺𝗮𝗻 𝗙𝗼𝘂𝗻𝗱𝗮𝘁𝗶𝗼𝗻’𝘀 𝟮𝟬𝟮𝟱 𝗔𝗻𝗻𝘂𝗮𝗹 𝗕𝗲𝗻𝗲𝗳𝗶𝘁 𝗮𝗻𝗱 𝗶𝘁𝘀 𝗺𝗶𝘀𝘀𝗶𝗼𝗻 𝘁𝗼 𝗽𝗿𝗼𝗺𝗼𝘁𝗲 𝗹𝗶𝘁𝗲𝗿𝗮𝗰𝘆 𝗮𝗻𝗱 𝗲𝗺𝗽𝗼𝘄𝗲𝗿𝗺𝗲𝗻𝘁 𝗳𝗼𝗿 𝗰𝗵𝗶𝗹𝗱𝗿𝗲𝗻 𝗶𝗻 𝗻𝗲𝗲𝗱. 𝖮𝗎𝗋 𝖧𝖾𝖺𝖽 𝗈𝖿 𝖡𝗎𝗌𝗂𝗇𝖾𝗌𝗌 𝖣𝖾𝗏𝖾𝗅𝗈𝗉𝗆𝖾𝗇𝗍 Mark Hebert 𝖺𝗇𝖽 𝖳𝗋𝖺𝖽𝗂𝗇𝗀 & 𝖮𝗉𝖾𝗋𝖺𝗍𝗂𝗈𝗇𝗌 𝖫𝖾𝖺𝖽 Eric Levine 𝗐𝗂𝗅𝗅 𝖻𝖾 𝖺𝗍𝗍𝖾𝗇𝖽𝗂𝗇𝗀 𝗍𝗁𝖾 𝟤𝟦𝗍𝗁 𝖠𝗇𝗇𝗎𝖺𝗅 𝖡𝖾𝗇𝖾𝖿𝗂𝗍 𝗍𝗈𝗇𝗂𝗀𝗁𝗍 𝗂𝗇 𝖭𝖾𝗐 𝖸𝗈𝗋𝗄 𝖢𝗂𝗍𝗒. 𝖶𝖾 𝗅𝗈𝗈𝗄 𝖿𝗈𝗋𝗐𝖺𝗋𝖽 𝗍𝗈 𝖼𝖺𝗍𝖼𝗁𝗂𝗇𝗀 𝗎𝗉 𝗐𝗂𝗍𝗁 𝗈𝗎𝗋 𝗉𝖺𝗋𝗍𝗇𝖾𝗋𝗌 𝖺𝗇𝖽 𝖿𝗋𝗂𝖾𝗇𝖽𝗌 𝗂𝗇 𝗍𝗁𝖾 𝖿𝗂𝗑𝖾𝖽 𝗂𝗇𝖼𝗈𝗆𝖾 𝖼𝗈𝗆𝗆𝗎𝗇𝗂𝗍𝗒 𝗐𝗁𝗂𝗅𝖾 𝗌𝗎𝗉𝗉𝗈𝗋𝗍𝗂𝗇𝗀 𝖺 𝗀𝗋𝖾𝖺𝗍 𝖼𝖺𝗎𝗌𝖾. 𝖨𝖿 𝗒𝗈𝗎’𝗅𝗅 𝖻𝖾 𝗍𝗁𝖾𝗋𝖾, 𝗅𝖾𝗍'𝗌 𝖼𝗈𝗇𝗇𝖾𝖼𝗍. 𝖫𝖾𝖺𝗋𝗇 𝗆𝗈𝗋𝖾 𝖺𝖻𝗈𝗎𝗍 𝗍𝗁𝖾 𝖡𝗋𝗈𝗈𝗄𝖾 𝖩𝖺𝖼𝗄𝗆𝖺𝗇 𝖥𝗈𝗎𝗇𝖽𝖺𝗍𝗂𝗈𝗇: 𝗁𝗍𝗍𝗉𝗌://𝖾.𝗀𝗂𝗏𝖾𝗌𝗆𝖺𝗋𝗍.𝖼𝗈𝗆/𝖾𝗏𝖾𝗇𝗍𝗌/𝖨𝖿𝟫/ #givingback #charity #fixedincome #marketplace #automation $rgti $tsla $amd

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: lnkd.in/eNtJgPJV #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: lnkd.in/eca5Q7TS 𝗗𝗼𝗻’𝘁 𝗯𝗲𝗹𝗶𝗲𝘃𝗲 𝘂𝘀? 𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗮 𝗰𝗼𝗽𝘆 𝗼𝗳 𝗼𝘂𝗿 𝗙𝗜𝗫 𝗦𝗽𝗲𝗰 𝘁𝗼 𝘀𝗲𝗲 𝗳𝗼𝗿 𝘆𝗼𝘂𝗿𝘀𝗲𝗹𝗳. #fixedincome #trading #ats #automation #tech #technology $nvda

𝖮𝗉𝖾𝗇𝖸𝗂𝖾𝗅𝖽'𝗌 𝖧𝖾𝖺𝖽 𝗈𝖿 𝖡𝗎𝗌𝗂𝗇𝖾𝗌𝗌 𝖣𝖾𝗏𝖾𝗅𝗈𝗉𝗆𝖾𝗇𝗍 𝖺𝗇𝖽 𝗆𝖺𝗋𝗄𝖾𝗍𝗌 𝖾𝗑𝗉𝖾𝗋𝗍, Mark Hebert, 𝖻𝗋𝖾𝖺𝗄𝗌 𝖽𝗈𝗐𝗇 𝗐𝗁𝖺𝗍 𝗆𝗂𝗀𝗁𝗍 𝗉𝗅𝖺𝗒 𝗈𝗎𝗍 𝖺𝗍 𝗍𝗁𝖾 𝖥𝖾𝖽 𝗆𝖾𝖾𝗍𝗂𝗇𝗀 𝗍𝗈𝖽𝖺𝗒 #fed #markets #macro @openyld #automation $nvda

🎙𝗘𝗽𝗶𝘀𝗼𝗱𝗲 𝟳 𝗼𝗳 𝗧𝗵𝗲 𝗢𝗽𝗲𝗻𝗬𝗶𝗲𝗹𝗱 𝗠𝗮𝗿𝗸𝗲𝘁𝘀 𝗣𝗼𝗱𝗰𝗮𝘀𝘁 𝗶𝘀 𝗹𝗶𝘃𝗲 𝘄𝗶𝘁𝗵 𝗧𝗲𝗿𝗿𝗮𝗽𝗶𝗻 𝗼𝗻 𝗔𝘂𝘁𝗼𝗺𝗮𝘁𝗶𝗻𝗴 𝗠𝘂𝗻𝗶 𝗥𝗲𝗳𝗲𝗿𝗲𝗻𝗰𝗲 𝗗𝗮𝘁𝗮 𝖧𝗈𝗌𝗍 Mark Hebert 𝗌𝗂𝗍𝗌 𝖽𝗈𝗐𝗇 𝗐𝗂𝗍𝗁 Miguel Jaques 𝖺𝗇𝖽 Daniel Dyulgerski, CFA, 𝖼𝗈-𝖿𝗈𝗎𝗇𝖽𝖾𝗋𝗌 𝗈𝖿 Terrapin, 𝖺 𝖲𝖼𝗈𝗍𝗅𝖺𝗇𝖽-𝖻𝖺𝗌𝖾𝖽 𝗌𝗍𝖺𝗋𝗍𝗎𝗉 𝗋𝖾𝗍𝗁𝗂𝗇𝗄𝗂𝗇𝗀 𝗁𝗈𝗐 𝗋𝖾𝖿𝖾𝗋𝖾𝗇𝖼𝖾 𝖽𝖺𝗍𝖺 𝗂𝗌 𝖻𝗎𝗂𝗅𝗍 𝖺𝗇𝖽 𝖽𝖾𝗅𝗂𝗏𝖾𝗋𝖾𝖽 𝗂𝗇 𝖿𝗂𝗑𝖾𝖽 𝗂𝗇𝖼𝗈𝗆𝖾 𝗆𝖺𝗋𝗄𝖾𝗍𝗌. 𝖶𝗂𝗍𝗁 𝖻𝖺𝖼𝗄𝗀𝗋𝗈𝗎𝗇𝖽𝗌 𝗌𝗉𝖺𝗇𝗇𝗂𝗇𝗀 𝗆𝗎𝗅𝗍𝗂-𝖺𝗌𝗌𝖾𝗍 𝗉𝗈𝗋𝗍𝖿𝗈𝗅𝗂𝗈 𝗆𝖺𝗇𝖺𝗀𝖾𝗆𝖾𝗇𝗍 𝖺𝗇𝖽 𝗆𝖺𝖼𝗁𝗂𝗇𝖾 𝗅𝖾𝖺𝗋𝗇𝗂𝗇𝗀 𝗋𝖾𝗌𝖾𝖺𝗋𝖼𝗁, 𝗍𝗁𝖾 𝖳𝖾𝗋𝗋𝖺𝗉𝗂𝗇 𝖿𝗈𝗎𝗇𝖽𝖾𝗋𝗌 𝖾𝗑𝗉𝗅𝖺𝗂𝗇 𝗁𝗈𝗐 𝗍𝗁𝖾𝗒’𝗋𝖾 𝗎𝗌𝗂𝗇𝗀 𝖿𝗂𝗇𝖾-𝗍𝗎𝗇𝖾𝖽 𝖫𝖫𝖬𝗌, 𝗋𝗂𝗀𝗈𝗋𝗈𝗎𝗌 𝖮𝖢𝖱 𝗉𝗂𝗉𝖾𝗅𝗂𝗇𝖾𝗌, 𝖺𝗇𝖽 𝖺𝗎𝗍𝗈𝗆𝖺𝗍𝖾𝖽 𝖰𝖠 𝗍𝗈 𝖺𝖼𝗁𝗂𝖾𝗏𝖾 ~𝟫𝟫% 𝖺𝗎𝗍𝗈𝗆𝖺𝗍𝗂𝗈𝗇 𝗂𝗇 𝖾𝗑𝗍𝗋𝖺𝖼𝗍𝗂𝗇𝗀 𝖺𝗇𝖽 𝗆𝖺𝗂𝗇𝗍𝖺𝗂𝗇𝗂𝗇𝗀 𝗆𝗎𝗇𝗂𝖼𝗂𝗉𝖺𝗅 𝖻𝗈𝗇𝖽 𝗋𝖾𝖿𝖾𝗋𝖾𝗇𝖼𝖾 𝖽𝖺𝗍𝖺. 𝗧𝗼𝗴𝗲𝘁𝗵𝗲𝗿, 𝘁𝗵𝗲𝘆 𝗲𝘅𝗽𝗹𝗼𝗿𝗲: • 𝖶𝗁𝖺𝗍 “𝗋𝖾𝖿𝖾𝗋𝖾𝗇𝖼𝖾 𝖽𝖺𝗍𝖺” 𝖺𝖼𝗍𝗎𝖺𝗅𝗅𝗒 𝗆𝖾𝖺𝗇𝗌 𝖺𝗇𝖽 𝗐𝗁𝗒 𝗂𝗍 𝗎𝗇𝖽𝖾𝗋𝗉𝗂𝗇𝗌 𝖺𝗇𝖺𝗅𝗒𝗍𝗂𝖼𝗌, 𝗌𝖾𝗍𝗍𝗅𝖾𝗆𝖾𝗇𝗍, 𝖺𝗇𝖽 𝗍𝗋𝖺𝖽𝗂𝗇𝗀 • 𝖶𝗁𝗒 𝖬𝗎𝗇𝗂 𝖻𝗈𝗇𝖽𝗌, 𝗐𝗂𝗍𝗁 𝗍𝗁𝖾𝗂𝗋 𝗌𝖼𝖺𝗅𝖾 𝖺𝗇𝖽 𝖼𝗈𝗆𝗉𝗅𝖾𝗑𝗂𝗍𝗒, 𝖻𝖾𝖼𝖺𝗆𝖾 𝗍𝗁𝖾 𝗉𝖾𝗋𝖿𝖾𝖼𝗍 𝗎𝗌𝖾 𝖼𝖺𝗌𝖾 𝖿𝗈𝗋 𝖠𝖨 • 𝖧𝗈𝗐 𝗂𝗇𝖼𝗎𝗆𝖻𝖾𝗇𝗍𝗌 𝗌𝗍𝗂𝗅𝗅 𝗋𝖾𝗅𝗒 𝗈𝗇 𝖺𝗋𝗆𝗂𝖾𝗌 𝗈𝖿 𝗆𝖺𝗇𝗎𝖺𝗅 𝗍𝗒𝗉𝗂𝗌𝗍𝗌, 𝖺𝗇𝖽 𝗐𝗁𝗒 𝖺𝗎𝗍𝗈𝗆𝖺𝗍𝗂𝗈𝗇 𝖼𝗁𝖺𝗇𝗀𝖾𝗌 𝗍𝗁𝖾 𝖼𝗈𝗌𝗍 𝖻𝖺𝗌𝖾 • 𝖡𝗎𝗂𝗅𝖽𝗂𝗇𝗀 𝗂𝗇𝖿𝗋𝖺𝗌𝗍𝗋𝗎𝖼𝗍𝗎𝗋𝖾 𝗍𝗁𝖺𝗍 𝗄𝖾𝖾𝗉𝗌 𝖫𝖫𝖬𝗌 𝖺𝖼𝖼𝗎𝗋𝖺𝗍𝖾 𝖺𝗍 𝗌𝖼𝖺𝗅𝖾 • 𝖶𝗁𝗒 𝖿𝗅𝖾𝗑𝗂𝖻𝗅𝖾 𝖠𝖯𝖨𝗌, 𝖿𝖺𝗌𝗍 𝖿𝖾𝖺𝗍𝗎𝗋𝖾 𝗋𝗈𝗅𝗅𝗈𝗎𝗍𝗌, 𝖺𝗇𝖽 𝗅𝗈𝗐𝖾𝗋 𝖼𝗈𝗌𝗍𝗌 𝗐𝗂𝗇 𝖼𝗅𝗂𝖾𝗇𝗍𝗌 𝖿𝗋𝗈𝗆 𝖦𝗈𝗅𝗂𝖺𝗍𝗁𝗌 𝖨𝖿 𝗒𝗈𝗎’𝗋𝖾 𝖺 𝗍𝗋𝖺𝖽𝖾𝗋, 𝖿𝗂𝗇𝗍𝖾𝖼𝗁 𝖻𝗎𝗂𝗅𝖽𝖾𝗋, 𝗈𝗋 𝗌𝗂𝗆𝗉𝗅𝗒 𝖼𝗎𝗋𝗂𝗈𝗎𝗌 𝖺𝖻𝗈𝗎𝗍 𝗁𝗈𝗐 𝖠𝖨 𝗂𝗌 𝗋𝖾𝗌𝗁𝖺𝗉𝗂𝗇𝗀 𝗍𝗁𝖾 𝖻𝖺𝖼𝗄𝖻𝗈𝗇𝖾 𝗈𝖿 𝖻𝗈𝗇𝖽 𝗆𝖺𝗋𝗄𝖾𝗍𝗌, 𝗍𝗁𝗂𝗌 𝗂𝗌 𝗈𝗇𝖾 𝗒𝗈𝗎 𝗐𝗈𝗇’𝗍 𝗐𝖺𝗇𝗍 𝗍𝗈 𝗆𝗂𝗌𝗌. 🎧 𝖫𝗂𝗌𝗍𝖾𝗇 𝖸𝗈𝗎𝖳𝗎𝖻𝖾: 𝗁𝗍𝗍𝗉𝗌://𝗈𝗉𝖾𝗇𝗒𝗅𝖽.𝖼𝗈𝗆/𝖾𝗉𝗂𝗌𝗈𝖽𝖾-𝟩-𝗍𝖾𝗋𝗋𝖺𝗉𝗂𝗇-𝗈𝗇-𝖺𝗎𝗍𝗈𝗆𝖺𝗍𝗂𝗇𝗀-𝗆𝗎𝗇𝗂-𝗋𝖾𝖿𝖾𝗋𝖾𝗇𝖼𝖾-𝖽𝖺𝗍𝖺/ 🎧 𝖫𝗂𝗌𝗍𝖾𝗇 𝖠𝗉𝗉𝗅𝖾 𝖯𝗈𝖽𝖼𝖺𝗌𝗍𝗌: 𝗁𝗍𝗍𝗉𝗌://𝗉𝗈𝖽𝖼𝖺𝗌𝗍𝗌.𝖺𝗉𝗉𝗅𝖾.𝖼𝗈𝗆/𝗎𝗌/𝗉𝗈𝖽𝖼𝖺𝗌𝗍/𝗈𝗉𝖾𝗇𝗒𝗂𝖾𝗅𝖽-𝗆𝖺𝗋𝗄𝖾𝗍𝗌-𝗉𝗈𝖽𝖼𝖺𝗌𝗍/𝗂𝖽𝟣𝟪𝟣𝟢𝟦𝟧𝟪𝟪𝟪𝟥 🎧 𝖫𝗂𝗌𝗍𝖾𝗇 𝖲𝗉𝗈𝗍𝗂𝖿𝗒: 𝗁𝗍𝗍𝗉𝗌://𝗈𝗉𝖾𝗇.𝗌𝗉𝗈𝗍𝗂𝖿𝗒.𝖼𝗈𝗆/𝖾𝗉𝗂𝗌𝗈𝖽𝖾/𝟧𝖪𝖺𝗉𝖩𝟦𝟦𝗊𝖬𝗈𝖷𝗊𝖶𝖴𝖿𝖪𝖼𝖻𝟪𝗓𝖧𝗎?𝗌𝗂=𝟦𝟪𝟦𝟫𝖺𝟦𝟨𝟧𝟧𝟥𝟢𝟤𝟦𝖼𝖺e 🔔 𝖲𝗎𝖻𝗌𝖼𝗋𝗂𝖻𝖾 𝖿𝗈𝗋 𝗆𝗈𝗋𝖾 𝖾𝗉𝗂𝗌𝗈𝖽𝖾𝗌 𝗍𝗈 𝗀𝖺𝗂𝗇 𝗂𝗇𝗌𝗂𝗀𝗁𝗍𝗌 𝖿𝗋𝗈𝗆 𝗅𝖾𝖺𝖽𝖾𝗋𝗌 𝗌𝗁𝖺𝗉𝗂𝗇𝗀 𝗍𝗁𝖾 𝖿𝗎𝗍𝗎𝗋𝖾 𝗈𝖿 𝖿𝗂𝗑𝖾𝖽 𝗂𝗇𝖼𝗈𝗆𝖾 𝗍𝗋𝖺𝖽𝗂𝗇𝗀. #𝖮𝗉𝖾𝗇𝖸𝗂𝖾𝗅𝖽 #𝖬𝖺𝗋𝗄𝖾𝗍𝗌 #𝖯𝗈𝖽𝖼𝖺𝗌𝗍 #𝖥𝗂𝗑𝖾𝖽𝖨𝗇𝖼𝗈𝗆𝖾 #𝖠𝖨 #𝖥𝗂𝗇𝗍𝖾𝖼𝗁 #𝖬𝗎𝗇𝗂𝖼𝗂𝗉𝖺𝗅𝖡𝗈𝗇𝖽𝗌 $orcl

𝗬𝗶𝗲𝗹𝗱𝗡𝗼𝘁𝗲: 𝗧𝗵𝗲 𝗩𝗮𝗻𝗶𝘀𝗵𝗶𝗻𝗴 𝗥𝗶𝘀𝗸 𝗣𝗿𝗲𝗺𝗶𝘂𝗺 𝖳𝗁𝖾 𝗌𝗉𝗋𝖾𝖺𝖽𝗌 𝖻𝖾𝗍𝗐𝖾𝖾𝗇 𝗁𝗂𝗀𝗁-𝗒𝗂𝖾𝗅𝖽 (𝖧𝖸) 𝖺𝗇𝖽 𝗂𝗇𝗏𝖾𝗌𝗍𝗆𝖾𝗇𝗍-𝗀𝗋𝖺𝖽𝖾 (𝖨𝖦) 𝖼𝗋𝖾𝖽𝗂𝗍 𝗂𝗇 𝖺 𝗐𝗈𝗋𝖽 𝖺𝗋𝖾 𝗇𝖺𝗋𝗋𝗈𝗐. 𝖲𝗉𝗋𝖾𝖺𝖽𝗌 𝖻𝖾𝗍𝗐𝖾𝖾𝗇 𝗍𝗈𝗉-𝗍𝗂𝖾𝗋 𝗃𝗎𝗇𝗄 (𝖡𝖡) 𝖺𝗇𝖽 𝗍𝗁𝖾 𝗅𝗈𝗐𝖾𝗌𝗍 𝗍𝗂𝖾𝗋 𝗈𝖿 𝗂𝗇𝗏𝖾𝗌𝗍𝗆𝖾𝗇𝗍 𝗀𝗋𝖺𝖽𝖾 (𝖡𝖡𝖡) 𝗁𝖺𝗏𝖾 𝖼𝗈𝗆𝗉𝗋𝖾𝗌𝗌𝖾𝖽 𝗍𝗈 𝗃𝗎𝗌𝗍 𝟢.𝟪𝟢%. 𝖳𝗁𝗂𝗌 𝖼𝗈𝗆𝗉𝗋𝖾𝗌𝗌𝗂𝗈𝗇 𝗂𝗌 𝗇𝗈𝗍𝖾𝗐𝗈𝗋𝗍𝗁𝗒 𝖺𝗇𝖽 𝗉𝖾𝗋𝗁𝖺𝗉𝗌 𝖾𝗑𝖼𝖾𝗌𝗌𝗂𝗏𝖾. 𝖨𝗇𝗏𝖾𝗌𝗍𝗆𝖾𝗇𝗍-𝗀𝗋𝖺𝖽𝖾 𝗌𝗉𝗋𝖾𝖺𝖽𝗌 𝖺𝗋𝖾 𝗌𝗂𝗍𝗍𝗂𝗇𝗀 𝖺𝗍 𝗅𝖾𝗏𝖾𝗅𝗌 𝗅𝖺𝗌𝗍 𝗈𝖻𝗌𝖾𝗋𝗏𝖾𝖽 𝗂𝗇 𝗍𝗁𝖾 𝗅𝖺𝗍𝖾 𝟣𝟫𝟫𝟢𝗌. 𝖳𝗁𝖾 𝖼𝖺𝗎𝗌𝖾 𝗆𝖺𝗒 𝖻𝖾 𝖺𝗍𝗍𝗋𝗂𝖻𝗎𝗍𝖾𝖽 𝗍𝗈 𝖺 𝗍𝗋𝖾𝖺𝗌𝗎𝗋𝗒 𝖼𝗎𝗋𝗏𝖾 𝗍𝗁𝖺𝗍 𝗁𝖺𝗌 𝗌𝖾𝖾𝗇 𝖼𝗈𝗇𝗍𝗂𝗇𝗎𝖾𝖽 𝗌𝗍𝖾𝖾𝗉𝖾𝗇𝗂𝗇𝗀, 𝖼𝗈𝗎𝗉𝗅𝖾𝖽 𝗐𝗂𝗍𝗁 𝗂𝗌𝗌𝗎𝖾𝗋𝗌 𝗁𝗈𝗅𝖽𝗂𝗇𝗀 𝗈𝗎𝗍 𝖿𝗈𝗋 𝗅𝗈𝗐𝖾𝗋 𝗒𝗂𝖾𝗅𝖽𝗌 𝖻𝖾𝖿𝗈𝗋𝖾 𝗂𝗌𝗌𝗎𝗂𝗇𝗀 𝗅𝗈𝗇𝗀-𝖽𝖺𝗍𝖾𝖽 𝖽𝖾𝖻𝗍 𝗐𝗂𝗍𝗁 𝖺𝗇𝗒 𝖼𝗈𝗇𝗌𝗂𝖽𝖾𝗋𝖺𝖻𝗅𝖾 𝗋𝖾𝗀𝗎𝗅𝖺𝗋𝗂𝗍𝗒. 𝖳𝗁𝖾 𝗌𝖾𝖺𝗋𝖼𝗁 𝖿𝗈𝗋 𝗒𝗂𝖾𝗅𝖽 𝗂𝗌 𝖻𝗅𝗎𝗋𝗋𝗂𝗇𝗀 𝖽𝗂𝗌𝗍𝗂𝗇𝖼𝗍𝗂𝗈𝗇𝗌 𝖺𝖼𝗋𝗈𝗌𝗌 𝗍𝗁𝖾 𝖼𝗋𝖾𝖽𝗂𝗍 𝗌𝗉𝖾𝖼𝗍𝗋𝗎𝗆. 𝖸𝖾𝗍 𝗌𝗎𝖼𝗁 𝖼𝗈𝗆𝗉𝗋𝖾𝗌𝗌𝗂𝗈𝗇 𝖼𝗈𝗎𝗅𝖽 𝖻𝖾 𝗏𝗂𝖾𝗐𝖾𝖽 𝖺𝗌 𝖺 𝖼𝖺𝗎𝗍𝗂𝗈𝗇𝖺𝗋𝗒 𝗌𝗂𝗀𝗇𝖺𝗅, 𝗇𝗈𝗍 𝖺𝗇 𝗂𝗇𝖽𝗂𝖼𝖺𝗍𝗈𝗋 𝗈𝖿 𝗌𝗍𝖺𝖻𝗂𝗅𝗂𝗍𝗒. 𝖬𝖺𝖼𝗋𝗈 𝗋𝗂𝗌𝗄𝗌 𝗋𝖾𝗆𝖺𝗂𝗇 𝖺𝖼𝗎𝗍𝖾, 𝗂𝗇𝖼𝗅𝗎𝖽𝗂𝗇𝗀 𝗍𝖺𝗋𝗂𝖿𝖿 𝖽𝗂𝗌𝗉𝗎𝗍𝖾𝗌, 𝗌𝗈𝖿𝗍𝖾𝗇𝗂𝗇𝗀 𝗅𝖺𝖻𝗈𝗋 𝖽𝖺𝗍𝖺, 𝖺𝗇𝖽 𝗍𝗁𝖾 𝗉𝗈𝗍𝖾𝗇𝗍𝗂𝖺𝗅 𝖿𝗈𝗋 𝗌𝗎𝖽𝖽𝖾𝗇 𝗏𝗈𝗅𝖺𝗍𝗂𝗅𝗂𝗍𝗒 𝗌𝗁𝗈𝖼𝗄𝗌. 𝖲𝗈𝗆𝖾 𝗉𝗈𝗋𝗍𝖿𝗈𝗅𝗂𝗈 𝗆𝖺𝗇𝖺𝗀𝖾𝗋𝗌 𝖺𝗋𝖾 𝖺𝗅𝗋𝖾𝖺𝖽𝗒 𝖺𝖽𝗃𝗎𝗌𝗍𝗂𝗇𝗀 𝖾𝗑𝗉𝗈𝗌𝗎𝗋𝖾𝗌, 𝖿𝖺𝗏𝗈𝗋𝗂𝗇𝗀 𝖽𝖾𝖿𝖾𝗇𝗌𝗂𝗏𝖾 𝗌𝖾𝖼𝗍𝗈𝗋𝗌 𝗅𝗂𝗄𝖾 𝗎𝗍𝗂𝗅𝗂𝗍𝗂𝖾𝗌 𝖺𝗇𝖽 𝗍𝖾𝗅𝖾𝖼𝗈𝗆𝗌 𝖽𝖾𝗌𝗉𝗂𝗍𝖾 𝗈𝗍𝗁𝖾𝗋𝗐𝗂𝗌𝖾 𝗌𝗈𝗎𝗇𝖽 𝖼𝗋𝖾𝖽𝗂𝗍 𝖿𝗎𝗇𝖽𝖺𝗆𝖾𝗇𝗍𝖺𝗅𝗌. 𝖭𝖾𝗏𝖾𝗋𝗍𝗁𝖾𝗅𝖾𝗌𝗌, 𝗌𝗈𝗆𝖾 𝗆𝖺𝗂𝗇𝗍𝖺𝗂𝗇 𝖺 𝗌𝗍𝗋𝖺𝗍𝖾𝗀𝗒 𝗐𝗁𝗂𝖼𝗁 𝖿𝖺𝗏𝗈𝗋𝗌 𝗁𝗂𝗌𝗍𝗈𝗋𝗂𝖼𝖺𝗅𝗅𝗒 𝗁𝗂𝗀𝗁 𝖺𝗅𝗅-𝗂𝗇 𝗒𝗂𝖾𝗅𝖽𝗌 𝗋𝖾𝗀𝖺𝗋𝖽𝗅𝖾𝗌𝗌 𝗈𝖿 𝗌𝗉𝗋𝖾𝖺𝖽. 𝖳𝗁𝖾 𝗊𝗎𝖾𝗌𝗍𝗂𝗈𝗇 𝗋𝖾𝗆𝖺𝗂𝗇𝗌 𝗂𝖿 𝗍𝗁𝗂𝗌 𝗋𝖾𝖿𝗅𝖾𝖼𝗍𝗌 𝗀𝖾𝗇𝗎𝗂𝗇𝖾 𝗌𝗍𝗋𝗎𝖼𝗍𝗎𝗋𝖺𝗅 𝗌𝗍𝗋𝖾𝗇𝗀𝗍𝗁 𝗈𝗋 𝗐𝗁𝖾𝗍𝗁𝖾𝗋 𝗆𝖺𝗋𝗄𝖾𝗍𝗌 𝖺𝗋𝖾 𝗉𝗋𝗂𝖼𝗂𝗇𝗀 𝗂𝗇 𝗉𝖾𝗋𝖿𝖾𝖼𝗍𝗂𝗈𝗇. 𝖨𝖿 𝗂𝗍 𝗂𝗌 𝗍𝗁𝖾 𝗅𝖺𝗍𝗍𝖾𝗋, 𝗁𝗂𝗌𝗍𝗈𝗋𝗒 𝗋𝖾𝗆𝗂𝗇𝖽𝗌 𝗎𝗌 𝗍𝗁𝖺𝗍 𝗉𝖾𝗋𝖿𝖾𝖼𝗍𝗂𝗈𝗇 𝗂𝗌 𝗋𝖺𝗋𝖾𝗅𝗒 𝗌𝗎𝗌𝗍𝖺𝗂𝗇𝖾𝖽. 𝖫𝗂𝗇𝗄 𝗍𝗈 𝖺𝗋𝗍𝗂𝖼𝗅𝖾: lnkd.in/eeiS9tgP #fixedincome #automation $tsla $nvda $nbis #trading #marketplace

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. openyld.com #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 linkedin.com/feed/update/ur…

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: lnkd.in/d4Bb8Z4w #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: lnkd.in/ecqd5qbd #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: lnkd.in/eE2sSR7S @business @markets bloomberg.com/news/articles/…

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: lnkd.in/eESyYbnb #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. linkedin.com/feed/update/ur… #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 linkedin.com/feed/update/ur…