SEC Turns Attention to New-Issue Pricing: Insights from SOLVE’s Gregg Bienstock
In a recent article, Gregg Bienstock, SVP, Group Head, Municipal Markets at SOLVE, highlights the SEC's renewed focus on new-issue pricing within Municipal markets.
In a recent article, Gregg Bienstock, SVP, Group Head, Municipal Markets at SOLVE, highlights the SEC's renewed focus on new-issue pricing within Municipal markets.
We’re thrilled to announce that Eugene Grinberg, CEO of SOLVE, has been recognized as one of the “2024 TabbFORUM 40 Innovators in Financial Markets.”
Financial markets practitioners are no strangers to automation and machine learning. In the 2010s, high-frequency trading algorithms changed how the buy-side and sell-side approach the capital markets by reducing the latency between trades, increasing alpha for early adopters.
Market data platform SOLVE has debuted its newest product: SOLVE Px, an AI predictive price dataset for the muni market.
SOLVE, a Fixed Income market data platform, launched an AI-powered tool aimed at improving pricing transparency in the municipal bond market. SOLVE Px offers real-time pricing data for more than 900,000 municipal bonds — even those that haven’t traded in months.
SOLVE, the leading provider of pre-trade data and predictive pricing for fixed income securities markets, is debuting SOLVE Px™, the firm’s proprietary, AI-driven predictive price data for the municipal bond market. SOLVE Px will provide SOLVE’s buy and sell-side customers with unprecedented visibility into “next-trade” pricing data on over 900,000 municipal bonds.
The BDC Quarterly Wrap highlights select data points to provide a readout on BDC growth, structure, financing and asset quality. For context, growth data includes the entire BDC universe, which consists of 155 funds; all other data captures BDCs reporting financials by August 19th, representing a universe of 151 funds.
As Prospect Capital faces a surge in troubled borrowers paying interest with more debt, concerns over the fund’s finances are growing louder.
Some muni market investors are paying far more than others for the same bond on the same day, even after a 2018 rule improved the situation somewhat.
Four fintech start-ups, using AI and data, are solving the pricing problem in the municipal bond market, upending entrenched incumbents along the way.