New York, NY — November 12, 2025 – OpenYield Trading LLC (“OpenYield”), a FINRA-registered broker-dealer and SEC-registered alternative trading system (ATS), today announced relationships with 50 financial institutions on its all-to-all bond trading platform. The milestone reflects growing organic adoption by firms seeking competitive and automated bond execution.
As fixed income participants increasingly aggregate liquidity and adopt auto-routing logic, adding OpenYield to the execution stack has become a natural step. OpenYield’s network now spans bank and non-bank dealers, advisors, asset managers, and both domestic and international brokerage-as-a-service platforms – a broadening set of firms investing in modern connectivity and trading infrastructure.
“Partnering with fifty firms so early on reflects the kind of organic traction driven not only by a perennial search for high-quality aggregated liquidity, but also by growing demand for innovative collaboration,” said Jonathan Birnbaum, Founder & CEO of OpenYield. “We’re energized to be building infrastructure side by side with forward-thinking participants to address their workflow challenges – delivering greater transparency, reduced costs, and streamlined trading experiences.”
As adoption accelerates, OpenYield remains committed to advancing the standards of fixed income trading through technology and collaboration – partnering with firms as they move beyond the old status quo of fragmented, manual workflows and closed systems into a new era that is API-first, scalable, and automated.
To learn more about how OpenYield is modernizing bond trading or to schedule a demo, visit www.openyld.com or schedule time with our team.
