OpenDoor Completes $10M Series A Funding Round

Jersey City, NJ, June 27, 2017 – OpenDoor Securities (“OpenDoor”) has raised $10 million in a Series A investment round from private investors. The funds will be used to enhance the OpenDoor platform, improve its connectivity to current customers, and expand its network of client institutions and central banks.

OpenDoor’s market-based solution is the first session-based, all-to-all, anonymous trading platform for Treasuries, specifically designed to enable the buy-side to both source and create liquidity, while enhancing the sell-side’s role as a value-adding intermediary.

OpenDoor Re-Boots U.S. Treasury Market with Dedicated All-to-All Trading Platform

Jersey City, NJ, April 25, 2017 – OpenDoor Securities (“OpenDoor”) is today launching the first trading platform dedicated to improving liquidity in the less liquid segments of the U.S. Treasury bond market. Nearly three dozen firms representing more than $5 trillion of AUM and six sponsor-dealers are already onboarded to participate.

The diversified client base includes central banks, hedge funds, pension funds, sovereign wealth funds, mutual funds, insurance companies, primary dealers, asset managers and trading firms.

Former U.S. Treasury Official & Board Chairman of NCUA Join OpenDoor Team

OpenDoor Trading LLC (“OpenDoor”), a market-based solution designed to improve liquidity in the U.S. Treasury bond markets, has appointed Darcy Bradbury, former Assistant U.S. Treasury Secretary for Financial Markets, to its Board of Directors; and Debbie Matz, former Board Chairman of the National Credit Union Association (NCUA), to its Advisory Board.

OpenDoor CEO Susan Estes named Entrepreneur of the Year by Markets Media

OpenDoor CEO Susan Estes named Entrepreneur of the Year by Markets Media

OpenDoor Securities (“OpenDoor”) CEO and co-founder Susan Estes has been named Entrepreneur of the Year at the 2016 Women in Finance Markets Choice Awards presented by Markets Media. The Women in Finance Markets Choice Awards, in their second year, recognize the most distinguished women in the financial services sector at firms that range from hedge funds and global banks to institutional investment firms, exchanges, and technology vendors.

OpenDoor Hires Michael Paulus to Expand Central Bank Footprint

Jersey City, NJ, September 15, 2016 – OpenDoor Securities (“OpenDoor”), a platform specifically designed to improve liquidity in the U.S. Treasury bond markets, has appointed Michael Paulus as Senior Managing Director. Paulus joins OpenDoor’s expanding team of Wall Street and fixed income industry veterans as it prepares for its platform launch in Q4 2016. He will report directly to President Rob Grillo.

OpenDoor Becomes First Women-Owned Bond Trading Platform

Jersey City, NJ, July 13, 2016 – Following the closing of a $10 million investment round, OpenDoor Trading, LLC (“OpenDoor”) has become the first U.S. bond trading platform both majority-owned and majority-controlled by women. The funds will be used to support technology and business development of an innovative ‘all-to-all’ trading platform for off-the-run Treasuries and TIPS. Launch is scheduled for the fall.

OpenDoor, which was co-founded by industry veterans Susan Estes and Brian Meehan less than three years ago, is quickly developing traction with central banks, asset managers and other institutional investors, as well as the dealers that service them. Discreet trading sessions will allow a variety of protocols to match the needs of end-users, and improve liquidity in the systemically important U.S. Treasury market.

OpenDoor Adds Two Capital Markets Veterans to Advisory Board

OpenDoor Trading (“OpenDoor”), a platform designed to improve liquidity in the U.S. Treasury bond markets, has appointed electronic trading pioneer Michael Sanderson, and fixed income veteran, Chris Ferreri, to its Advisory Board. They join a Board that already boasts bond market experts John Brynjolfsson and Kenneth deRegt, formerly of PIMCO and Morgan Stanley respectively. 

OpenDoor Collaboration with Broadway Technology to Accelerate Treasury Platform Launch

OpenDoor Trading (“OpenDoor) is working closely with Broadway Technology to fast-track development of a unique, open trading platform for the U.S. Treasury bond market. The ongoing relationship between the two firms is ramping up for an early-Q4 launch in response to demands from institutional investors for greater liquidity at all maturities, at a time of increasingly fragmented market structure.