--- title: Two years of transforming the Leveraged Loan market description: In April, we celebrated the two-year anniversary of launching Octaura’s loan trading platform. image: https://news.octaura.com/hubfs/octaura%20(2).jpg --- [![OCTAURA_HP_Logo2x](https://news.octaura.com/hs-fs/hubfs/OCTAURA_HP_Logo2x.png?width=340&height=67&name=OCTAURA_HP_Logo2x.png)](https://octaura.com/) - [Home](https://octaura.com) - Products ###### [Loan Trading](https://octaura.com/loan-trading/) [Octaura’s industry-led electronic market trading, data, and analytics solution for loans can be used to grow trading volumes, increase liquidity and remove the cumbersome barriers to entry that have kept many investors from transacting with confidence.](https://octaura.com/loan-trading/) ###### [![future-icon (1)-clo](https://news.octaura.com/hubfs/future-icon%20(1)-clo.svg) CLO Trading](https://www.octaura.com/clo-trading/) [Octaura is set to modernize and improve existing CLO trading protocols. Recognizing the importance of the asset class and its current market challenges, Octaura’s complete market solution combines electronic execution, advanced data and analytics, and a full suite of connectivity for sell-side and buy-side customers.](https://www.octaura.com/clo-trading/) ###### [Data & Analytics](https://octaura.com/data/) [Octaura’s suite of proprietary data & analytics helps bring clarity to complex and opaque markets, offering timely and actionable insights to drive smarter decision making across a variety of workflows.](https://octaura.com/data/) - Company [About Us](https://octaura.com/about/) [Careers](https://octaura.com/careers/) - [News & Insights](https://news.octaura.com) - [Contact Us](https://octaura.com/contact/) - [Sign In](https://trading.octaura.com) - [Request Demo](https://info.octaura.com/request-a-demo) [Blog](https://news.octaura.com/tag/blog) ## Two years of transforming the Leveraged Loan market May 5, 2025 ![https://knowledge.octaura.com/hubfs/octaura%20%282%29.jpg](https://news.octaura.com/hubfs/octaura%20(2).jpg) By: Brian Bejile, CEO, Octaura In April, we celebrated the two-year anniversary of launching Octaura’s loan trading platform. It’s been incredible to witness the continued adoption of electronic trading in the market, as we continue to focus on addressing specific pain points and use cases.  With over 140 buy-side participants on the platform and 25 dealers contributing to the liquidity of the market, users are turning to Octaura to navigate what’s been a volatile and challenging Leveraged Loan market so far in 2025.   **Over $1B on average is being traded weekly on Octaura**  Since the beginning of March 2025, an average of $1B is being traded each week on Octaura’s platform, placing us at about 4.6% of total trading (see chart below) in the secondary market, based on figures published by the LSTA. Year over year, our market share has grown 6x1, driven by a variety of use cases fulfilled by the List Protocol.   **Market Lists act as major contributor to volume**  In September 2024, we launched Market Lists, a new protocol that streamlines the trading of large lists like CLO liquidations and ramps, managing fund flows and more. The protocol connects sellers or buyers of a long list of names directly to dealer and buyside communities to save time, reduce costly manual errors and create a more transparent market.   We’re pleased to share that the market has embraced this new protocol with Market Lists representing 41% of overall trading volume in Q1 2025. Users are reaping the benefits of enhanced efficiencies including:  > Access to pre-trade insights, such as data and analytics to help users stage and prepare lists  > Efficient distribution capabilities, so sellers can send lists to dealers of choice and buyside clients  > Streamlined execution, enabling users to quickly monitor responses, compare data to internal targets and trade at the best level  > Automatic trade booking via connected Order Management Systems  > Greater transparency with buyside participants, who will be able to view live Market Lists and work with dealers to place bids ![Volume Growth 2025](https://news.octaura.com/hs-fs/hubfs/Volume%20Growth%202025.png?width=949&height=523&name=Volume%20Growth%202025.png)   “The time-intensive process of running a loan BWIC and OWIC is in desperate need of change. This new protocol accelerates trading workflows while reducing human error and increasing transparency well beyond today’s manual processes,” said Howard Cohen, VP, Head of Sales. “Market Lists is another example of how Octaura is revolutionizing the industry by solving client challenges. We delivered on what our users asked for and we’re thrilled at the positive feedback and growth we’ve seen so far.”    **End-to-end connectivity creates stickiness**  A key priority for Octaura over the past year has been to set up connectivity with major OMS platforms plus various proprietary buyside systems to more seamlessly enable an electronic trade workflow. Using Octaura’s order blotter function, users can directly import orders from their preferred OMS, accompanied by data and analytical tools to help decide how best to trade. Executed trades stay in sync, which means no more manual trade bookings.   Currently, we are live with order blotter connectivity with multiple providers including [Allvue](https://news.octaura.com/allvue-and-octaura-join-forces), [Charles River](https://news.octaura.com/charles-river-and-octaura) and [Aladdin](https://news.octaura.com/aladdin-and-octaura-join-forces), plus 4 proprietary buyside systems.  The result? More efficient trading. Buyside clients who have connected their OMS platform with Octaura tend to increase their electronic trading three times post-integration – which speaks to the increased value they see.  **We’re just getting started**  With 2025 off to a fast start, the team at Octaura couldn’t be more motivated to continue to engage with our users and build solutions that directly address key workflow challenges. Coming up next? The launch of our CLO trading platform. You’ll hear more from me about that very soon!    1 Based on volumes from the LSTA, Octaura saw 0.6% of overall secondary loan market trading in March 2024 vs. 4.6% in March 2025. Data is sourced from Octaura unless otherwise footnoted. While we strive for accuracy, we do not guarantee the completeness or correctness of the information provided or for the results obtained from the use of this information. This communication is not a recommendation to buy or sell any loan product and should not be construed as such. Features are accurate as of the date presented and subject to change without notice.  ### Keep Reading [![](https://knowledge.octaura.com/hubfs/octaura-1.jpg)](https://news.octaura.com/enhancing-connectivity-on-octaura) [Blog](https://news.octaura.com/tag/blog) May 5, 2025 #### [Enhancing connectivity on Octaura](https://news.octaura.com/enhancing-connectivity-on-octaura) [![](https://knowledge.octaura.com/hubfs/On%20the%20Blotter.png)](https://news.octaura.com/on-the-blotter-steep-selling-pressure-rounds-out-a-volatile-january) [Blog](https://news.octaura.com/tag/blog) May 5, 2025 #### [On the Blotter: Steep selling pressure rounds out a volatile January](https://news.octaura.com/on-the-blotter-steep-selling-pressure-rounds-out-a-volatile-january) [![](https://knowledge.octaura.com/hubfs/octaura-1.jpg)](https://news.octaura.com/embracing-the-future-of-electronic-trading) [Blog](https://news.octaura.com/tag/blog) May 5, 2025 #### [Embracing the Future of Electronic Trading](https://news.octaura.com/embracing-the-future-of-electronic-trading) ![logo](https://23474493.fs1.hubspotusercontent-na1.net/hub/23474493/hubfs/Octaura%20Assets/Images/Global%20Images/logo.png?width=140&height=27&name=logo.png) ##### Platform - [Loan Trading](https://octaura.com/loan-trading) - [CLO Trading](https://octaura.com/clo-trading/) ##### Company - [About Us](https://octaura.com/about/) - [Careers](https://octaura.com/careers/) - [News & Insights](https://news.octaura.com) - [Press Releases](https://news.octaura.com/tag/press-releases) ##### Contact - [Email Us](https://octaura.com/contact/) ###### Follow Us © Octaura 2023. All rights reserved. CLO trading provided by Octaura Securities TradingCo, LLC. Member FINRA / SIPC (BrokerCheck Profile) [Privacy Policy](https://octaura.com/privacy-policy/) [Terms](https://octaura.com/terms/) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Octaura", "url" : "https://news.octaura.com/author/octaura" }, "dateModified" : "2025-05-05T13:45:47.653Z", "datePublished" : "2025-05-05T13:26:58.000Z", "headline" : "Two years of transforming the Leveraged Loan market", "image" : [ "https://news.octaura.com/hubfs/octaura%20(2).jpg" ], "mainEntityOfPage" : { "@id" : "https://news.octaura.com/two-years-of-transformation", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://news.octaura.com/hubfs/Octaura_Wordmark_Black_PNG.png" }, "name" : "Octaura " } } ```