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What Renaissance Tech Has That You Don’t – Institutional Investor 

Quantitative hedge fund firm Renaissance Technologies, founded by mathematician James Simons, has had near real-time prices on corporate bonds and other debt for years. 

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  • Wolfman
    WolfmanOctober 20, 2017"Pre-trade data can be invaluable, but it is not a substitute for finding the clearing price for the amount you need when you need it. The structure of the fixed income market isn't actually broken. We have near-zero volatility with historically low rates and capital restrictions creating this problem. While having more data always sounds like a solution, on its own it doesn't solve those issues.…"
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Wolfman
Wolfman
4 years ago

Pre-trade data can be invaluable, but it is not a substitute for finding the clearing price for the amount you need when you need it. The structure of the fixed income market isn’t actually broken. We have near-zero volatility with historically low rates and capital restrictions creating this problem. While having more data always sounds like a solution, on its own it doesn’t solve those issues.