Daniel Ezra
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danielezra.bsky.social
Daniel Ezra
@danielezra.bsky.social
Chief Executive Officer @ Entegra | Capital Markets, Trading

Market structure and Trading as a Service (TaaS)
That’s the gap Entegra’s #TaaS was built for: keep the function, modernize the operating rhythm, and recalibrate cost + ownership without giving up presence.

𝗠𝗮𝗿𝗸𝗲𝘁𝘀 𝗲𝘃𝗼𝗹𝘃𝗲. 𝗪𝗶𝗻𝗻𝗲𝗿𝘀 𝗱𝗼𝗻’𝘁 𝗲𝗹𝗶𝗺𝗶𝗻𝗮𝘁𝗲 𝘁𝗿𝗮𝗱𝗶𝗻𝗴 — 𝘁𝗵𝗲𝘆 𝗿𝗲𝗱𝗲𝘀𝗶𝗴𝗻 𝗵𝗼𝘄 𝗶𝘁 𝗳𝗶𝘁𝘀 𝗶𝗻𝘀𝗶𝗱𝗲 𝘁𝗵𝗲 𝗯𝗮𝗻𝗸.

👉 More at: entegra-global.com
Entegra LLC: Integrated Trading Solutions for Modern Global Finance
Financial services company specializing in trading advisory services for banks with a focus on Securitized Products (SP).
entegra-global.com
February 12, 2026 at 3:13 PM
Daily platform visibility correlates with tighter new-issue pricing by up to ~30%, strengthening perception, confidence, and pricing power.
This is exactly what Entegra’s #TaaS is designed to deliver for SP issuers and CLO managers.

👉 Read the full article:
www.entegra-global.com/articles/Liq...
www.entegra-global.com
February 10, 2026 at 5:48 PM
👉 Read full article here: www.entegra-global.com/articles/van...
www.entegra-global.com
January 30, 2026 at 6:55 PM
Improved access w/o restored activity doesn't fully solve the problem. Secondary trading underpins price discovery, investor confidence, market resilience, & requires consistent participation. When liquidity pools at the top, the rest of the market becomes thinner, less visible, and more vulnerable.
January 30, 2026 at 6:55 PM
𝗧𝗵𝗲 𝗰𝗼𝘀𝘁 𝘀𝗵𝗼𝘄𝘀 𝘂𝗽 𝗾𝘂𝗶𝗰𝗸𝗹𝘆 𝗮𝘀 𝗰𝗮𝗽𝗶𝘁𝗮𝗹 𝗽𝗼𝗼𝗹𝘀 𝗮𝗿𝗼𝘂𝗻𝗱 𝗹𝗶𝗾𝘂𝗶𝗱𝗶𝘁𝘆, 𝗶𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀 𝗱𝗲𝗳𝗮𝘂𝗹𝘁 𝘁𝗼 𝘀𝗰𝗮𝗹𝗲 𝗮𝘀 𝗮 𝗽𝗿𝗼𝘅𝘆 𝗳𝗼𝗿 𝘀𝗮𝗳𝗲𝘁𝘆, 𝗮𝗻𝗱 𝘁𝗵𝗲 𝗴𝗮𝗽 𝘄𝗶𝗱𝗲𝗻𝘀 𝗳𝗼𝗿 𝗺𝗮𝗻𝗮𝗴𝗲𝗿𝘀 𝘄𝗶𝘁𝗵𝗼𝘂𝘁 𝗰𝗼𝗻𝘀𝗶𝘀𝘁𝗲𝗻𝘁 𝘀𝗲𝗰𝗼𝗻𝗱𝗮𝗿𝘆 𝗺𝗮𝗿𝗸𝗲𝘁 𝘀𝘂𝗽𝗽𝗼𝗿𝘁.
January 30, 2026 at 6:55 PM
𝗧𝗵𝗲 𝗿𝗲𝘀𝘂𝗹𝘁 𝗶𝘀 𝗮 𝘀𝗲𝗹𝗳 𝗿𝗲𝗶𝗻𝗳𝗼𝗿𝗰𝗶𝗻𝗴 𝗰𝘆𝗰𝗹𝗲. Liquidity begets liquidity, and over time capital pools around the largest managers or a narrow set of shelves, making the climb to scale for small and mid sized managers materially steeper.

👉Read Vanishing Volumes here: www.entegra-global.com/articles/van...
www.entegra-global.com
January 27, 2026 at 9:41 PM
𝗧𝗵𝗲 𝗺𝗮𝗿𝗸𝗲𝘁 𝗵𝗮𝘀 𝗴𝗿𝗼𝘄𝗻, 𝗯𝘂𝘁 𝗶𝘁 𝘁𝗿𝗮𝗱𝗲𝘀 𝗹𝗲𝘀𝘀. As dealer balance sheets have shrunk, activity became concentrated in the most liquid names. Dealers tend to step into less liquid bonds only when there is a client on the other side. Investors respond in directing capital toward bonds perceived as liquid.
January 27, 2026 at 9:41 PM
Adaptation is simple: keep trading support through the full deal lifecycle—not just at issuance. That continuity improves liquidity and pricing, protects banking fees, & lets trading support mandate wins, without adding balance sheet.

Read full article here: www.entegra-global.com/articles/dis...
www.entegra-global.com
January 23, 2026 at 9:55 PM
The result was not the absence of liquidity, but a different liquidity regime: more episodic, more event-driven, and increasingly conditional.
January 23, 2026 at 9:55 PM
Post-GFC capital rules pushed banks to shrink secondary balance sheets even as SP issuance grew.
“Disappearing Dealers” (Creditflux series, Part 1) explores how that rewired market structure.

Read full article here: www.entegra-global.com/articles/dis...
January 19, 2026 at 10:21 PM
Different KPIs, same mechanism: repeatable, reliable market support, keeping #liquidity from being driven solely by balance sheet size or issuance cadence, making it more continuous and accessible.
January 10, 2026 at 5:02 PM
TaaS is a mode of exposure that keeps deals supported and helps issuers stay visible between offerings, improve execution for investors, and strengthen future pricing power of their deals.
January 9, 2026 at 9:52 PM
This provides price transparency for your investors, and when your deals have dedicated market markers, your investors show up again and again... giving you a faster path to achieving scale.
January 9, 2026 at 9:52 PM
It’s your badge and your controls - we add the extra thrust where it matters most: helping you win banking mandates through dedicated daily secondary-market support, without the need for additional balance-sheet risk or infrastructure costs.
January 9, 2026 at 1:19 PM