The launch of OpenYield is off to an exciting start. Our marketplace has robust coverage of hundreds of Treasurys, thousands of corporates, and 10,000+ munis. Prices are competitive, and are uniquely 100% firm at any size, delivering an instantaneous equity-like trading experience.
But don’t take our word for it.
We asked BondWave, an independent third party, to analyze a sample of our executions and tell us how they fared. The paid study leveraged a decades-refined methodology of comparing a single trade to a benchmark price, and then comparing that cost to peer trades.
The results were inspiring: the study found that OpenYield trades exceeded peer averages by 15 bps, and demonstrated above-average transaction quality across all categories measured. And as we anticipate growth of our dealer base, breadth and depth of liquidity stand to only improve. Check out the results below.
