Octaura Raises $46.5M to Digitize Electronic Trading in Syndicated Loan and CLO Markets
Briefly

Octaura has introduced a groundbreaking electronic trading platform for the $1.7 trillion syndicated loan and collateralized loan obligation (CLO) markets, which have traditionally relied on manual processes. This innovation addresses inefficiencies and liquidity problems, as most trading has been done through phone calls and spreadsheets. Within two years, Octaura has captured 4.6% of the secondary loan trading market by expanding its network of dealers and buy-side firms. The company aims to further enhance these markets with the launch of its CLO trading platform and its emphasis on advanced data analytics. This effort is supported by significant investment from major financial institutions, further solidifying its market presence.
Octaura has transformed the way institutional traders operate by introducing the first comprehensive electronic trading platform dedicated to the syndicated loan and CLO markets.
The platform achieved notable growth, capturing 4.6% of total secondary loan trading volume in just two years, demonstrating a significant shift in trading practices.
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