CLO MARKET TRENDS: MAY 2023
What does the data say? - May Edition: CLO market trends, volumes, and liquidity. Join us for our next webinar: June 8, 2023 at 4pm EST.REGISTER NOW
New electronic trading protocol: DirectBidding
Access liquidity from the buy-side and the sell-side simultaneously. Buyers bid directly and anonymously. Join the fastest-growing CLO marketplace.Learn more
Latest Newsall news
U.K. Crisis Spills Into U.S. Junk Debt
Matt Wirz from The Wall Street Journal has a great story where he highlights how European investors are selling CLOs to meet margin calls due to the currency and government bond crisis in UK financial markets. The US financial institutions and banks have been buyers of these securities at lower prices. Investors can view the upcoming CLO trading pipeline and dealer inventory on our KTX trading platform. Read the full WSJ story here.
Innovation station: problem-solving esoteric ABS stands up in choppy market
Jill Scalisi spoke to Oliver West from GlobalCapital about KopenTech and innovations it introduced for the CLO market. We have become the first firm to begin CLO trading on its electronic platform and automated the entire trading process. Read more.
Rival platforms battle to control electronic trading of CLOs
The need for new ways to trade CLO is here. New electronic platforms are designed to bring CLO trading out of the age of dinosaurs. Kopentech also gives investors the option to trade with each other, cutting out the banks. Separately, the platform can refinance CLOs using the AMR process.