CP+ achieved its best-ever prediction accuracy for USD IG bonds last month, as measured by the deviation of CP+ predictions versus institutional-size traded levels. The 0.89 bps median deviation from traded levels* achieved in May 2024 highlights the efficacy of the continuous improvements to the CP+ prediction algorithm and data sources. Even when accounting for market conditions by expressing prediction deviation as a percentage of bid/ask (B/A) spreads, CP+ outperformed in May with a prediction variance of 44% of market B/A spreads. CP+ is MarketAxess’ proprietary AI powered pricing engine for corporate bonds. For more: https://okt.to/WrQayk
Geoffroy Vander Linden’s Post
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Unlock the power of AI-driven, algorithmic pricing with our updated CP+ whitepaper! Find out how our award-winning AI pricing is reshaping fixed income trading: https://okt.to/0m7fHh #AI #data
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A couple of weeks ago, I completed the Liege-Bastogne-Liege cycling race which I did for a charity, Alternative 4 Children (A4C). It was much harder than I expected, with very steep climbs (up to 20%), hail, rain but also a bit of sunshine. I’m so happy I did it but more importantly, I would like to thank everyone for your sponsorships, it exceeded my target and it will make a huge difference to all the children and the education projects that A4C sponsors. Again thank you from the bottom of my heart. And if you still want to sponsor A4C (knowing I completed the race 😉), you can still do so via my Justgiving page: https://lnkd.in/eiVBhSxX
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Celebrate Earth Month with MarketAxess! Over 1.1M trees planted through Trading for Trees. In Q1 2024, our green bond trading will plant 88,000+ trees. Discover our partnership with One Tree Planted and global restation efforts. Learn more: https://okt.to/Hi06Pn #TradingForTrees #EarthMonth
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We’re out with our latest #AxessPoint, which offers a comprehensive exploration of CP+ following our recent whitepaper. This “under the hood” look examines the key factors influencing the movement of CP+, providing insights into the model's interpretability. Additionally, it showcases the algorithm's capacity to extract meaningful signals from proprietary data, and its ability to leverage valuable insights from both traded and non-traded inquiries. https://okt.to/8yIGrW
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Please join us for the Spring Drinks organised by Alternative for Children, and support a great cause! The drinks will take place in Zuidas - Amsterdam. Hope to see you there and raise a glass together. You can find all the details below to register
We cordially invite you for our Spring Drinks event on May 30th on the Zuidas in Amsterdam, from 5 to 8 pm. Join us for an evening of camaraderie, networking and after-work drinks in support of a great cause! Alternatives 4 Children (A4C), a recognised charity of the Investment industry, started the drinks more than 12 years ago to bring the Investment industry community together, to connect and at the same time support projects focused on children's education. We currently support 6 projects: 3 in Africa: Macheo Children's Organization, Kamitei Foundation & Kanaka, and 3 in India: Tiny Miracles (B Corp), Future Hope & AlphaBet Club. Our first Drinks event for this year is proudly co-sponsored by AssetCare, LeadingMile Consulting and LemonEdge and we would like to thank them for their support. AssetCare is a specialist in fund structuring and administration. The company was founded in 2006 and acts as an independent service provider to investment institutions and institutional parties: Tom Straver, Sam Zwaan, Bram Schrijver. LeadingMile Consulting is a full-service IT and innovation consultancy firm, specialising in solutions for the Alternative investment sector: Martijn Voorhaar, Julian Lindeborg. LemonEdge is the next-generation private equity fund accounting and administration software that enables firms to manage complexity and scalability through the automation of end-to-end processes: Jamie Nascimento. To register your attendance for the drinks, please visit our website and you will receive a confirmation message with the location: https://lnkd.in/e4C5D4Zk. Please like/repost/share this post with your colleagues and your network. We are keen to expand our community of Investments professionals as much as possible to help support our great cause. We’re looking forward to seeing you on May 30th! Team A4C Simona Benvenuti, Marjolijn Breeuwer, Nanakarina Kwofie, Geoffroy Vander Linden, Peter Vermeulen, Marc de Kloe, Didy van der Schilden - Michels, CAIA, Andreia M., Valérie Reinhold, Tania Grazina Jerónimo
Spring Drinks - May 30, 2024 - Alternatives 4 Children
https://alternatives4children.com
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I'm thrilled to announce that I'll be participating in a cycling race to raise funds for Alternatives 4 Children (A4C), a charity dedicated to projects involved in improving the living standards and education of children in need, across Africa and Asia. I am a big believer that education can play a strong role to transform their lives and offer them more opportunities, and every donation will help those children to get access to quality education, empowering them to build a better future for themselves and their communities. The race I am going to be part of is called “Liege-Bastogne-Liege” and is a Classic one-day cycle race happening in a few weeks’ time. It is one of the five “Monuments” in European professional cycling and was first run in 1892. I won’t join the Pros obviously but will still do it in one day 😅 It is a 150 km-ride with close to 3000m climbing. A nice challenge, happening on April 20th, so very very soon. If you are happy to donate for this great cause, please visit my Justgiving page: https://lnkd.in/eiVBhSxX And if you are interested to know more about A4C which I have also joined as volunteer, please visit: https://lnkd.in/eeaEYdZv Thank you so much! Geoffroy.
Help raise £500 to Support Children’s education
justgiving.com
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The spread range for USD IG—measured as the interquartile range of credit spread using CP+ Mid—is nearing a record low. From 94bps in October 2022, it decreased by 42.6% reaching 54bps last week. Spread compression is observed across the maturity curve.
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We’re hot off the press with our new CP+ white paper! CP+ is our award-winning, AI-powered, algorithmic pricing engine that generates more than 50 million daily two-sided updates on more than 290K bonds. Check out our new white paper to see how CP+ transforms our proprietary trading data into a strategic advantage. https://okt.to/ZiGWFJ #Algo #Credit #Rates
CP+ White Paper
marketaxess.com
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