Jonathan Birnbaum

Jonathan Birnbaum, CEO of OpenYield, joins Marty Mannion from TD Securities and Barnet Sherman, a Boston University finance professor, for an insightful discussion on the bond market. They delve into how automation and AI are reshaping trading practices, improving efficiency, and reducing costs. The guests spotlight the municipal bond sector's tech-driven transformations and the growing appeal of ETFs. They also discuss the rise of separately managed accounts and the demand for socially responsible investments, predicting a more accessible future for retail investors.

In this conversation, Jonathan Birnbaum, Founder and CEO of OpenYield, discusses his mission to modernize fixed income trading. He breaks down the challenges of bond trading, including attracting liquidity providers and overcoming technological gaps compared to equities. Jonathan also highlights the rise of new market participants and the significance of algorithmic trading. Additionally, he shares insights on the transition from traditional voice trading to electronic platforms, signaling a pivotal moment in the evolution of the bond market.