Our mission: to evolve the standards of fixed income trading through technology and collaboration.
OpenYield was founded in response to a powerful trend transforming the fixed income market: algorithmic liquidity. Rather than requiring a human trader to respond to a request to price and confirm a trade, the most sophisticated trading desks have built out automated capabilities to continuously provide firm, executable prices.
Further catalyzed by a rise in demand for yield, OpenYield launched its marketplace in 2024 to reflect this new and growing reality. Informed by our varied experiences on the buy side, sell side and building multiple leading-edge fixed income platforms, our team is committed to modernizing this crucial corner of the industry. That starts with a combination of automated liquidity, easy integration, favorable economics and familiar market structures that serve all participants. OpenYield is forging changes in the fixed income market to transform investment opportunities in this $100 trillion asset class.
We’ve successfully built and scaled both retail and institutional fixed income investing platforms in the past. Today, we’re combining modern technology with an innovative market model to deliver one of the industry’s biggest transformation yet.
Our advisory board brings extensive experience from the capital markets, fintech and beyond.
Our investors give us the strong backing and strategic guidance we need to provide an elevated bond trading experience.
Our marketplace promotes efficient trading through modern technology, 100% firm quotes and competitive pricing. Start your trading journey today.
© 2024 OpenYield Inc. OpenYield Trading LLC, a wholly-owned subsidiary of OpenYield Inc., is a broker-dealer registered with the SEC and MSRB, and is member FINRA/SIPC. OpenYield Trading LLC operates an Alternative Trading System (ATS) registered with the SEC.
The views and opinions expressed on or through this website are for informational and educational purposes only. OpenYield Inc. (and its affiliates) make no representation or warranty as to the current accuracy, reliability or completeness of, and does not accept liability for, any investment or trading decisions based on such information. Information presented does not constitute an offer or solicitation of an offer to buy/sell securities or any other products. Information presented is for institutional investor use only and is not intended for use by retail investors. Information or services offered may not be available or appropriate for use by all potential subscribers. There is no intention to offer products and services in countries or jurisdictions where such an offer would be unlawful under the relevant domestic law.
Mark brings two decades of leadership experience in investment-grade credit trading and portfolio management, including 15 years at Morgan Stanley. At Morgan Stanley, he specialized in sectors such as Healthcare, Pharmaceuticals, Food & Beverage, Industrials, and TMT, while also spearheading recruiting efforts for the Fixed Income Division. Following his tenure there, he led investment-grade credit trading teams at Wells Fargo and Deutsche Bank, where he significantly increased both revenue and client engagement. Most recently, Mark served as a Senior Portfolio Manager at Millennium Capital.
Mark earned his bachelor’s degree from Syracuse University’s Whitman School of Management, where he now serves on the Management Advisory Board. He also holds an MBA from Columbia Business School. Beyond the office, he is an avid golfer and college sports enthusiast, enjoys exploring new destinations, and takes pride in mentoring students from his alma mater.
Steve brings nearly three decades of experience in the bond market as a trader, investor and analyst. Most recently, he spent nearly a decade at Morgan Stanley, where he served as COO of the Global Fixed Income division for over three years and Head of Credit Trading for over six years. Previously, he was a portfolio manager at Pequot Capital. Steve began his career as an analyst and strategist at firms including Morgan Stanley and Fidelity Investments. He earned an MBA from the University of Chicago and a BS from Oregon State University.
Over his 25-year career in financial services, Simon has been instrumental in scaling multiple innovative trading venues and supporting key market structure initiatives. He is currently Managing Director, Strategic Partnerships at LMAX Group, which he joined following a successful eight-year tenure as a Managing Director at Tradeweb. In both roles, he has played a key role in driving corporate strategy and bringing about differentiated trading experiences. Simon began his career at J.P. Morgan, where his titles included Managing Director and COO for a variety of fixed income and currencies businesses. He holds a masters degree from the University of Oxford.
Our modern bond marketplace enables you to serve clients with modern technology, 100% firm quotes and aggressive pricing. This is the bond market you’ve been waiting for.
Reach out to us today.
