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: