Automation Is Eating Markets – Yet Bonds Are Slow to Shed Their Analog Roots


Markets can be classified into two basic stages in terms of maturity. The first stage is manual. These markets are characterized by the need for human capital for setting prices, transacting and settling. This can look like anything from buying a house to buying tomatoes at a farmers market. Both trades require conversations for price discovery and execution, and a labor-intensive process for settlement (balancing tomatoes while scrounging for cash).
European governments go direct to citizens to fund borrowing


Everyday Investors Are Thriving in a World Awash in Yield


It’s Time to Transform the Retail Bond Market


OpenYield is on a mission to modernize bond trading for retail. Try to buy a bond today, and you’ll experience something anachronistic. Like using a rotary phone, you can make a call, but the process will be clunky and frustrating, and consequently won’t get used often. Retail investors face these challenges in the bond market, […]