Advos

Deep Market Making Introduces AI-Powered IG Analytics to Transform U.S. Corporate Bond Trading

July 11th, 2024 7:00 AM
By: Advos Staff Reporter

Deep Market Making, Inc. has announced its new AI model for U.S. corporate credit investment grade (IG) trading, promising unparalleled accuracy and efficiency in predicting trade probabilities and automating traditional trading tasks.

Deep Market Making Introduces AI-Powered IG Analytics to Transform U.S. Corporate Bond Trading

Deep Market Making, Inc. (Deep MM) has unveiled a groundbreaking AI model poised to transform the U.S. corporate bond market, a sector where $9 trillion is traded annually within the broader $128 trillion fixed income market. The new U.S. corporate credit investment grade (IG) AI model promises unprecedented accuracy in predicting the probability of trades being filled at various price levels. This innovation is set to benefit a diverse range of professionals, including IG traders, analysts, salespeople, researchers, risk managers, portfolio managers, and back-office staff, through a fast and intuitive user interface.

The Deep MM IG analytics product leverages state-of-the-art AI to automate real-time tasks traditionally managed by human traders and corporate bond professionals. These tasks include generating runs, conducting portfolio risk analysis, performing pre-trade execution analysis, generating trading ideas, and alerting users to market conditions. This automation enhances efficiency and allows professionals to adopt a more client-focused approach.

"Our AI model stands out as the most accurate in the market, delivering an exceptional level of precision that has consistently impressed early adopters," said Nathan Powell, CEO of Deep Market Making. This model is the result of seven years of research and development, utilizing a wide range of data sources such as FINRA TRACE, U.S. treasuries, bond ETFs, and equity ETFs, as well as S&P ratings, with plans to expand to additional data sources in the near future.

One early adopter, a trader at a prominent Wall Street riskless market maker, expressed astonishment at the model's precision, noting that it accurately priced less-liquid bonds that were anticipated to challenge the AI's capabilities. This endorsement highlights the product's potential to redefine corporate bond trading and provide a competitive informational advantage to its users.

Deep MM specializes in creating Large Event Models (LEMs) that predict the probabilities of future events. Unlike the more commonly known Large Language Models (LLMs), LEMs offer foundational AI capabilities applicable across various financial and non-financial domains. This expertise positions Deep MM at the forefront of AI-powered analytics solutions, offering unparalleled insights and efficiency in credit trading.

With a team of seasoned experts from leading banks and tech firms, Deep MM leverages advanced machine learning and data analytics to enhance market performance and transparency. The company's mission is to simplify complex data integration and provide instantaneous, actionable insights for traders, sell-side dealers, and portfolio managers. For more information, please visit https://deepmarketmaking.com.

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