TS Imagine has integrated 7 Chord’s BondDroid AI into its TradeSmart fixed income execution management system (EMS), enabling users to access real-time pricing and analytics throughout each trading day, including before and after US market hours.
BondDroid AI utilizes continuous learning technology to deliver pricing and analytics for thinly traded financial instruments in real time. Unlike traditional solutions, it operates without the need for offline periods for retraining, ensuring ongoing accuracy and relevance.
Kristina Fan, CEO and co-founder of 7 Chord, emphasized the AI’s suitability for live trading environments, highlighting its capability to derive actionable insights from proprietary, public, or commercially available data sources.
“TradeSmart, as a conduit for real-time data, provides an ideal platform for BondDroid AI,” said Fan.
The integration allows TradeSmart users to leverage BondDroid AI’s streaming prices and analytics, facilitating enhanced risk management and decision-making capabilities, particularly in response to overnight market developments.
Spencer Lee, Chief Markets Officer and Head of Fixed Income at TS Imagine, noted the growing trend towards electronic trading in fixed income markets and the concurrent rise of generative AI, positioning BondDroid AI as a valuable tool for bond traders.
TS Imagine has been actively enhancing its TradeSmart platform, including recent integrations with TDS Automated Trading for municipal bond markets and connectivity to ICE Bonds for expanded fixed income execution protocols and liquidity access. These developments underscore TS Imagine’s commitment to advancing AI-driven solutions within its EMS platform.
Source: thetradenews.com
