OpenDoor’s Holden on the Evolution of Fixed Income Best Ex (VIDEO)03.26.2019
Josh Holden, Chief Information Officer at OpenDoor Securities, talks about the evolution of fixed income best execution.
Holden previously discussed best execution practices in fixed income.
The bonds contractually provide that they will be completely written down in a “Viability Event.”
The tender offer follows the acquisition of Credit Suisse.
Municipal bonds have traditionally been owned by US retail investors.
The agreed language promotes automation and reduces the risk of fragmentation across the issuance process.
LENS allows firms to efficiently update their reference data systems.