By Markets Media

VIDEO: Disruptor of the Year: Susan Estes, OpenDoor Trading

Disruptor of the Year is for the person who has most shaken up the space they work in.
Our winner co-founded an all-to-all, session-based trading platform to fill the liquidity vacuum for off-the-run US Treasuries and Treasury Inflation-Protected Securities. A 35-year veteran of capital market structure, she took her firm live in April 2017, and has since received more than $200 billion in orders and matched multiple billions in trades.
The winner has disrupted by introducing a new market structure that transitioned a portion of the market from an incumbent risk-intermediary model, to a riskless-principal model, where buy side matches with buy side and sponsor-dealers settle trades but do not take risk.
Our Disruptor of the Year is Susan Estes of OpenDoor Trading LLC.

Related articles

  1. Funds Flow to FinTech

    Coders had 48 hours to redesign the processing of commercial paper.

  2. Dodd-Frank Raises Bar on Trade Reporting
    Daily Email Feature

    SFTR Activity Ramps Up

    The EC has provided feedback to regulators.

  3. Corporate Bonds to Benefit from European QE

    Traders will be able to execute with multiple liquidity sources at the same time.

  4. Euronext Aims for ETF Growth

    Interest in Large Cap stocks help propel equity inflows.

  5. EMSAC Looks to Reduce Trading Halts

    Under MiFID II, continuation of trading after a credit event may not be possible.