It’s been an eventful year for the Loan market. With rising rates, we've seen a substantial drop in new issuance and secondary trading volumes, all while defaults climb higher. For Loan traders, it takes a significant investment in time and mental energy to navigate these markets successfully.
At Octaura, we understand these challenges and seek to eliminate or reduce Loan market inefficiencies, enabling traders to spend their time and energy on what is important – reading markets and providing liquidity to their customers.
While electronic trading in Loan market is still in its infancy, it's important to acknowledge how far we have come in a short period of time. Since launch, less than 9 months ago, Octaura has:
Launched three trading protocols: Dealer axes, RFQ & Lists
Onboarded 11 dealers who stream their markets on Octaura daily and over 80 buy-side customers
Launched the Loan dashboard, providing a real-time view of the market
Market participants have high expectations for electronic trading -- we receive multiple requests for new features and enhancements every day. This collaboration with customers is key so that we can collectively build a leading loan trading platform in the industry. And at Octaura, we don't shy away from the challenge because... it's time!
#loans #clos #electronictrading #itstimeforoctaura
It's time for Octaura 🚀
https://bit.ly/3rogAk0
National Enterprise Account Executive at ScentAir
2wTwo great brands. One for protecting things that matter when traveling.....like your Tottenham jersey, the other for some beautiful entertainment. COYS.