OpenDoor Receives Third $10 Million Investment Round

In the first week of January, the company also launched two new tools aimed at providing more insights for traders.

Pile of cash

The company plans to use the investment to add to its sales and marketing staff, as well as to grow its platform, Susan Estes, CEO, president and co-founder of OpenDoor, tells WatersTechnology. “We will continue to build upon the growing share of the off-the-run treasuries market and TIPS market,” she says.

After an initial $2 million seed round of funding at the end of 2015, OpenDoor received its first series A funding round of $10 million in July 2016. Then, in June 2017, it received an

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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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