BloombergGPT launches
Bloomberg has released a research paper detailing the development of BloombergGPT, a new large-scale generative artificial intelligence (AI) model.
This large language model (LLM)...
Meet the consolidated tape contenders
Europe’s development of a consolidated tape for trading data now has clear front runners, and benefits.
Three firms have confirmed they will compete to be...
Exclusive: Katana’s intellectual property up for sale
The intellectual property of Katana, which provides trade ideas to bond investors, has been put up for sale by Hilco Streambank. Developed in-house at...
Parameta and ICAP launch interest rate swap volatility indices
Parameta Solutions, in partnership with ICAP G10 Rates, has launched a family of interest rate swap volatility indices designed to enhance the investment decision...
BGC reportedly shuts Lucera LUMEAlfa; preps FMX for soft launch
According to sources, BGC Partners has shuttered its pre-trade data business, Lucera LUMEAlfa, closing the final chapter on pre-trade data pioneer Algomi, and aligning...
Orderly sell-off despite Bund bid-ask spread blow out
Borrowing costs for the German government spiked after an announcement of increased expenditure for its military, triggering a sell-off in German government bonds (bunds)...
The credit trading processes you really should have automated by now…
Automation has historically been highly challenging in corporate bond markets for several reasons, but traders say some parts of the workflow ‘ought’ to be...
Why ICSD data could revitalise Europe’s pre-trade bond analytics
Two international securities depositaries (ICSDs), Euroclear and – as of last week – Clearstream, are rolling out access to data for trade settlements in...
Crunch on liquidity costs
As bid-ask spreads begin to widen on both sides of the Atlantic, buy-side credit traders need to reassess how to best manage the crunch...
Katana launches on Bloomberg
Katana, the pre-trade analytics tool that helps to identify relative value opportunities for bond market dealers and asset managers, is live on the Bloomberg...