A handful of startup trading platforms is trying to reshape the $15 trillion U.S. Treasurys market. The idea is to create exchange-like trading of Treasurys, which, unlike stocks, are still bought and sold over the counter.
LiquidityEdge was founded in 2015 by David Rutter, a year after he created blockchain technology company R3 CEV. Mr. Rutter and Ms. Hunter met when they worked at brokerage company ICAP PLC, where they developed one of the dominant electronic-trading platforms for foreign exchange and refined the model they are applying at LiquidityEdge, Ms. Hunter said