Overbond’s AI bond liquidity and pricing analytic wins award for Most Innovative AI
by CM staff
The Overbond data science team engineered an AI analytic that separately measures inventory for buy and sell trades.
TORONTO and LONDON — Overbond, API-based credit trading automation and execution service, has launched next-generation AI-driven liquidity and price confidence analytics that auto-adapt to trade size and direction.
Overbond won an award for Most Innovative AI in Trading Initiative by the A-Team Group.
Buy-side traders aim to increase the speed and quality of execution and manage trading costs. However, they often encounter differences between prices and liquidity on the bid side and prices and liquidity on the ask side for a given CUSIP/ISIN.
The Overbond data science team engineered an AI analytic that separately measures inventory for buy and sell trades.
“Adjusting Overbond liquidity and price confidence scores for trade size and direction greatly enhances the powerful edge that Overbond buy-side clients gain from using our AI suite. Traders will get increased coverage and precision of our automated execution API feeds. We’re also happy to win the A-Team Group award for Most Innovative AI” said Vuk Magdelinic, CEO of Overbond.
