• C++ Programming for Financial Engineering
    Highly recommended by thousands of MFE students. Covers essential C++ topics with applications to financial engineering.
    Python for Finance with Intro to Data Science
    Gain practical understanding of Python to read, understand, and write professional Python code for your first day on the job. Coming soon.
    An Intuition-Based Options Primer for FE
    Ideal for entry level positions interviews and graduate studies, specializing in options trading arbitrage and options valuation models.

"electronification" in Fixed income

longgamma

Well-Known Member
C++
Hello,

Just curious to know what is the state of the art in fixed income electronification ( I mean some level of automation in market making, inventory management etc.) FX and Equities have been automated to a large extent, curious to know whats the progress in other asset classes.
 

IntoDarkness

Well-Known Member
treasuries and all exchange traded stuff r highly "electronified". some otc swaptions r as well.
its hard to automate other bespoke things which lack standardization, liquidity and counterparty risk backstop, such as structured products and corp bond
 

longgamma

Well-Known Member
C++
treasuries and all exchange traded stuff r highly "electronified". some otc swaptions r as well.
its hard to automate other bespoke things which lack standardization, liquidity and counterparty risk backstop, such as structured products and corp bond
Thanks, why is the bespoke stuff harder to automate - Is it a technology issue or more related to lesser number of market makers?
 
Top