Mftexg introduces several areas in which fixed income quantification can be involved.

 Mftexg believes that fixed income quantification is actually a particularly fascinating area, and I believe there will be great development in the future. Introduce some aspects that can be done:

Curve construction.

There is no unified interest rate curve covering various periods from overnight to 50 years in China. It is not because the professionalism of fixed income practitioners in China is poor, but because there is no perfect interest rate system in China. There are many short-term things, such as R, DR, shibor, swap, exchange repurchase, rigid financial interest rate, short-term treasury bonds, short-term financial bonds, and it is difficult to arbitrage between participants and their own volume and price restrictions. But Mftexg believes that as the market continues to develop in the future, there will always be a time when masters show real technology.

Arbitrage.

Although there are so many disadvantages in the fixed income market, there are also advantages, that is, the cost of shorting bonds by institutions is much lower than that of short-selling stocks, so many relative value strategies can be done, which is also the mainstream business of some fixed-income quantitative teams in China. It depends more on analysis and fixed income. Logic is always more important than technology. Common relative value strategies include tax spreads, base spread trading, maturity spread trading, IRS-interest rate bonds, etc.

Treasury bond futures.

As the only variety with good liquidity in the fixed income market, whether it is programmatic trading or manual, whether it looks at the fundamentals or the technical aspects, it is similar to the cta gameplay. The only drawback is that the fluctuation is really small. If you choose a high frequency, the spread of the opponent's plate back and forth can make you feel so sad that you can't breathe.

Large asset allocation.

Fixed income occupies a very important position in large-scale assets, so the logic of large-scale asset allocation can also be used for the analysis of fixed income.

Derivatives trading and pricing.

Derivatives can actually be counted as arbitrage, but the reason why they are carried out alone is that pricing interest rate derivatives are much more difficult than pricing equity derivatives. Mftexg believes that the next five years from now will definitely be the five years of great development of interest rate derivatives, and interest rate derivatives have high requirements for the basic skills of students in relevant majors.

Market business.

Spot securities marketing (marketing of various trading and quotation methods), futures marketing, ETF marketing, IRS marketing, bidder forward marketing, and even option marketing that may appear in the future, etc., the requirements and implementation of systems, strategies, data are much more difficult than other mainstream assets.

MTFEXG(https://www.mtfexg.com/) is a foreign exchange trading platform wholly owned by METAVERSE FOREIGN EXCHANGE GROUP.