Octaura Launches First Multi-Protocol Electronic Trading Platform for CLOs

Octaura Holdings has introduced a groundbreaking electronic trading platform for Collateralized Loan Obligations (CLOs), marking a significant advancement in the structured credit market. The platform addresses long-standing inefficiencies in the CLO secondary market by offering transparency, streamlined workflows, and improved execution.

Three trading protocols—Bilateral, Request for Quote (RFQ), and Lists—are now fully operational. The List protocol, in particular, revolutionizes the traditionally manual Bids Wanted in Competition (BWIC) process. Early adopters have already executed live transactions during the beta phase.

"This isn't just a milestone for Octaura—it's a leap forward for institutional investors," the company stated, highlighting the platform's potential to reshape the CLO trading landscape.