OpenDoor Trading Secures $10 Million Investment for October Platform Launch

The company claims it's the first woman-owned bond trading platform.

susan-estes
Susan Estes, OpenDoor CEO

OpenDoor Trading—which claims to be the first trading platform owned by women—is set to launch its first US bond trading platform in October after securing $10 million investment in its second capital raising round in June.

The all-to-all platform will focus on off-the-run Treasuries and Treasury-Inflation Protected Securities (TIPS) and address changes in the market brought about by the move away from traditionally liquid products, according to OpenDoor CEO Susan Estes.

"We were ahead of the

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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