Press Releases
Genesis Builds New Octaura E-Trading Platform for Leveraged Finance and Structured Credit
NEW YORK – (BUSINESS WIRE) – Citi and Bank of America, joined by Credit Suisse, Goldman Sachs, J.. Morgan, Morgan Stanley, Wells Fargo, and Moody's Analytics, today announced the launch of Octaura Holdings (“Octaura”), an independent company whose goal is to create the first open market electronic trading platform for syndicated loans and collateralized loan obligations (CLOs). Built in collaboration with Genesis Global, the low-code software development platform for financial markets, Octaura aims to provide comprehensive trading solutions with natively integrated data and analytics. The Octaura venue for loans will launch first, with the CLO trading venue to follow. The company then plans to expand to other products in the credit market. Read the full press release on Business Wire here.