Markets Media Video: Michael Paulus, OpenDoor Securities (P4)
Michael Paulus, Managing Director at OpenDoor Securities, speaks to Markets Media about what could be the next major tipping point in fixed income that moves market structure forward.
Paulus previously discussed fintech in fixed income, regulation in fixed income, and Asia as an opportunistic market for fixed income fintech.
Electronification of the municipal bond market also presents a large opportunity.
The success of Northbound trading showed electronic execution is way forward for the bond market.
IRS trading volumes have fragmented without an equivalence agreement.
Increased electronification has created useable and accessible real-time and historic trade data.
Members are evaluating payment-versus-payment for currencies not yet eligible for CLSSettlement.