Finding liquidity at year-end: Execution on the Octaura platform stays strong even as markets thin

As year-end approaches, liquidity can become uneven and price discovery more challenging. Traditionally, participants assume desks are slowing down amidst the holidays. Despite that backdrop, activity on Octaura’s platform has remained strong this month, supported by balanced flows, high hit rates across liquidity cohorts, and innovative protocols designed to help you source and place risk efficiently.

What we’re seeing on the platform (December MTD):

• Record throughput last week: $1.9B traded on $2.0B of inquiry across 874 unique credits.

• Octaura Liquidity Score (OLS) cohorts 4–7 saw ~90% hit rates across last week.

• For the month, we’ve seen the quality of highly liquid loans, scored 10+ by OLS, outperforming – with hit rates of 90%, while OLS bucketed 4-7 showed 75% hit rates for the month, demonstrating strength in names with higher liquidity scores.

• Recent record day: $1.5B traded in a single day across 1,003 trades with hit rates of ~93% in OLS 4–7 on Dec 11th. 

Protocols driving execution quality

• Loans: Lots of activity across List, RFQ, and Bilateral protocols, including elevated BWIC participation this quarter as managers seek faster execution and better transparency.

• CLOs: Our multiprotocol CLO electronic trading platform (List, RFQ, Bilateral) launched in September and has streamlined the BWIC process—driving more electronic engagement when manual workflows tend to slow.

• Dealer workflow: Our Runs Manager tool enables sellside desks to stage and publish runs into Octaura (and other venues) with faster UI and clearer status, improving market signaling and quote responsiveness.

Pricing & liquidity analytics you can trust

• Octaura Price (OP): End of day pricing built from millions of data points—dealer runs, prints, and platform activity—supporting better execution benchmarking, IPV, risk modelling and more.

• Octaura Liquidity Metrics (OLM) & Liquidity Scores (OLS): Quantitative views of market depth, trading velocity, bid/offer depth, and hit rates to set execution expectations and validate valuations.

Octaura is open
Although some perceive December as a slow month, volumes on Octaura have proved otherwise, showing healthy inquiry, balanced buy/sell flows, and strong hit rates across liquidity buckets. Protocols and analytics that can help you source liquidity, price confidently, and execute with speed.