OpenDoor Trading

OpenDoor Trading (ODT) enhances liquidity of Off-the-Run Treasuries (OFTR's) and TIPS, the principal pain points in US Treasuries. In practice that means building software for you when nothing off the shelf fits.

Who is it for? Mostly companies with a specific process to automate. They also list Asset Management, Financial Services and Trading Platform, so expect those to show up in the feature set. As a small company team themselves (11 to 50 people), they tend to serve customers of a similar scale best. Small vendors mean quick answers and real influence on the roadmap, but check who covers support when someone is out.

OpenDoor Trading is based in Jersey City, New Jersey and around since 2015. You can read more at opendoorllc.com.

Our checklist for this category: portfolio relevance, who owns the code, and how they handle changes. Ask for a trial on your own data, not a canned demo.

If you have worked with OpenDoor Trading, tell the next buyer what you paid and what surprised you. That is the part of this page we cannot write.