Deep Market Making, Inc. (Deep MM) has announced a groundbreaking AI model that aims to revolutionize the U.S. Corporate Bond Market, an asset class with $9 trillion traded annually. Leveraging advanced AI technology, Deep MM's new offering promises unparalleled accuracy in predicting the probability of trades being filled at various price levels.
This innovative solution is designed to benefit a wide array of professionals, including IG traders, analysts, salespeople, researchers, risk managers, portfolio managers, and back-office staff. The AI model operates through a fast and intuitive user interface, automating tasks traditionally managed by human traders and corporate bond professionals. Key functionalities include generating runs, conducting portfolio risk analysis, performing pre-trade execution analysis, generating trading ideas, and alerting market conditions.
"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. The model is the result of seven years of research and development, utilizing a wide range of data sources such as FINRA TRACE, US treasuries, bond ETFs, and equity ETFs, as well as S&P ratings. Plans are in place to expand to additional relevant data sources.
An early adopter, a trader at a prominent Wall Street riskless market maker, expressed his astonishment at the model's precision, noting it accurately priced less-liquid bonds. This endorsement highlights the product's potential to redefine corporate bond trading, offering a competitive informational advantage to all market participants who adopt this technology.
Deep MM's expertise lies in creating Large Event Models (LEMs) that predict the probabilities of future events. Unlike the more commonly known Large Language Models (LLMs), LEMs provide foundational AI capabilities that can be applied across various financial and non-financial domains.
As a leader in AI-powered analytics solutions, Deep Market Making aims to bring unparalleled insights and efficiency to credit trading. The company consists of seasoned experts from leading banks and tech firms, focusing on advanced machine learning and data analytics to enhance market performance and transparency. The mission is to simplify complex data integration, providing instantaneous, actionable insights for traders, sell-side dealers, and portfolio managers.
For more information, please visit https://deepmarketmaking.com.
