KopenTech Blog – Page 2 – Market-building trends and news to help you innovate and improve

02/27/2024

CLO Market Trends: January 2024 Edition

Monthly TRACE volumes are highest since 2020, with BWIC volumes climbing above LTM averages. New issue supply is at the record highs. BWIC Volumes US BWIC volumes increased above LTM averages, but the share of traded volumes is lower than...

CLO Market Trends

02/09/2024

KopenTech Introduces K-Indicator for CLO Market Stress Analysis

Author: Kamilla Igibayeva Summary KopenTech has developed the K-Indicator, a multifactor measure designed to enhance monitoring of secondary CLO market conditions. This tool combines five key factors: Did-Not-Trade (DNT) rate, color rate, same-day BWIC rate, AAA average traded price level,...

Uncategorized

02/02/2024

Explore the Power of Issuance Monitor

KopenTech offers the most comprehensive CLO primary data through its KTX platform. It’s an essential tool for arranging banks, buy-side investors, and CLO Managers. The Issuance Monitor turns complex data into clear, organized information, making it easy to explore both...

CLO Market Trends/Main Features/Uncategorized

01/29/2024

KopenTech Year End CLO Review

With the 2023 behind us, we review the CLO market major trends: 10% decrease YOY in US CLO BWIC Volumes AAAs dominate tradingAAA tranches constitute 53% of US BWIC volumes Equity trading increased by 27% YOY Junior mezzanine continues to show...

CLO Market Trends

01/19/2024

CLO Market Trends: December 2023 Edition

US BWIC traded volumes fall below LTM averages, while BWIC average prices continue to climb to LTM highs. New issue volumes face the sharpest monthly drop. BWIC Volumes Given traditionally slow month due to holidays, December traded BWIC volumes fall...

CLO Market Trends

12/18/2023

KopenTech announces anonymous All-to-All trading for CLOs

LOS ANGELES (GLOBE NEWSWIRE) – KopenTech Capital Markets, LLC (“KCM”), the first online provider of electronic trading for structured products, has launched a new All-to-All trading protocol for CLO securities and successfully completed its first two client trades. All-to-All trading...

Electronic Trading/Main Features

12/15/2023

CLO Market Trends: November 2023 Edition

BWIC volumes rise as CLO prices climb to LTM highs. New issue volumes are second highest YTD. November Webinar Guest Speakers: Colin McGinnis, Prospect Capital BWIC Volumes US BWIC volumes rise from October lows both in posted and in traded....

CLO Market Trends

11/14/2023

CLO Market Trends: October 2023 Edition

BWIC volumes drop, prices fall, but new issue keeps coming October Webinar Guest Speakers: Jim Stehli, Polen Capital BWIC Volumes US BWIC posted volumes fall from last month’s LTM highs, now at $3.9 BN. Traded volumes are at $2 BN,...

CLO Market Trends

10/13/2023

CLO Market Trends: September 2023 Edition

BWIC volumes drop, prices fall, but new issue keeps coming October Webinar Guest Speakers: Jim Stehli, Polen Capital BWIC Volumes US BWIC traded volumes fell in September to LTM averages but posted volumes were at their highest – $2.7 BN...

CLO Market Trends

09/19/2023

CLO Market Trends: August 2023 Edition

CLO markets show increased volumes both in primary and secondary, with secondary prices at LTM highs. August Webinar Guest Speakers: Palak S. Pathak & Drew Sweeney, TCW Group BWIC Volumes US BWIC volumes increased in August, with posted volumes ($5.7Bn)...

CLO Market Trends