by SUSAN ESTES | Nov 21, 2018 | Insights, Liquidity, Off-the-runs, US Treasuries
Congratulations to LiquidityEdge for stepping up to help address the liquidity issues in OFTR Treasuries. For the market to be able to absorb the ever-increasing supply of Treasury issuance, over 98% of which quickly end up in the OFTR bucket, there will need to be...
by SUSAN ESTES | Nov 3, 2018 | Insights, Liquidity, Off-the-runs, US Treasuries
The tripling in size of the US Treasuries market over the past decade hides the uncomfortable fact that daily trading volumes of all US Treasuries have remained virtually static at about $500 billion. So why has daily turnover slumped from around 10% of the total...
by SUSAN ESTES | Sep 13, 2017 | Insights
Security Traders Association Market Structure Conference It’s so nice to be here today. And so good to see you all, a room full of women in finance. I mean it’s not my regular experience and I am guessing it isn’t a regular experience for you either. I am very...
by SUSAN ESTES | Jun 16, 2017 | Insights
Edited version of keynote delivered by Susan Estes at the Big Data Finance Conference held at NYU 5/19/2017 I must say it is a daunting experience not only to be addressing this audience, but to be following such a distinguished list of panelists and speakers...
by MICHAEL PAULUS | May 26, 2017 | Insights
For Michael Paulus, the chance to join the management team of OpenDoor Securities was an opportunity to put his decades of banking and public sector experience to use in an exciting new, but related way. As a key member of the leadership, Michael has been working...
by MICHAEL PAULUS | Apr 17, 2017 | Insights
A lot is going to change in the next few years for the US Treasury market. Not all of this will be good for the stability and health of the primary funding source for the U.S. government. But the evolving role of primary dealers means that, for many, acting as...
