Open Trading®

is liquidity

Dive into the world’s deepest liquidity pool for corporate credit.

Open Trading is our award-winning all-to-all trading marketplace. Whether you’re a client or dealer, trade anonymously with new counterparties or discretely with existing contacts, you’ll receive support from our 24/7 Trading Desk. ​

No mater what you trade, how big the block, or how liquid the bond, Open Trading is your pool. ​

Download the brochure

Even when things get choppy, you can find a market for both liquid – and illiquid bonds.

This year, the oil and gas crisis sent volatility through credit markets. Typically liquidity would thin out and execution costs would rise. But data from our platform shows a different outcome in a recent QuickTake from our experts.

Read the quicktake

Powerful analytic and automation tools

Live Markets

X-Pro

Auto-X

CP+

The Best Data Wins. CP+™ powers $42B in credit trading volume daily*

You get the strategic advantage of CP+, our AI driven pricing engine, giving you an edge in price discovery, transaction cost analysis and price improvement.

Explore the CP+ Advantage

High-touch service meets deep liquidity

Our Open Trading Desk offers instant feedback at the point of trade—replicating the traditional market practices of communication with your counterparty while a trade is in flight. You’re always just an instant message or phone call away from our dedicated support team.

Making or taking liquidity, we can be your counterparty.

CONTACT US

No matter who you are, Open Trading is your pool.
So Dive In.

*2025 ADV