
Global Head of Financial Sector Research, @BBGIntelligence. Recipient '22 STA DMP Award. Opinions are my own & not of @Bloomberg
Cape Cod, MA
Joined April 2009
- Tweets13.5K
- Following418
- Followers14.1K
- Likes7K
Larry Tabb retweeted
Carmen Li hopes to make AI computing power an asset class like oil or gas that investors can bet on—or against. on.wsj.com/4yEEXGL
Larry Tabb retweeted
One of the things I'm extremely proud of is how the @BBGIntelligence, Bloomberg @economics and @BloombergNEF policy analysts come together and work an issue from multiple angles, all the time advising our clients on exactly what they need to know for their portfolios and investments.
So on October 28 at 10:00 a.m. Eastern, please join us for a live briefing on the US midterms and how the outcome will reset the policy and regulatory outlook.
Registration link: bloom.bg/3VSVmJS
Larry Tabb retweeted
The entire term structure of @nvidia H100 GPU rental rates continues to rise.
Larry Tabb retweeted
Really enjoyed being back on Odd Lots with @TheStalwart and @tracyalloway. Would indeed have been fun to debate perps with Terry Duffy. We clearly have different views…
Following my prediction on last year's recording that in 10 years compute will be bigger than oil, this year I revealed the name we use at DRW for the profit margin between tokens and GPUs: the crunch spread.
Oil into fuel: crack spread. Soybeans into meal and oil: crush spread. Nat gas into power: spark spread. As with those markets, futures on both the GPU hours and tokens eventually will let you trade—and hedge—the crunch.
Listen to Odd Lots on Spotify: open.spotify.com/show/1te7oS…
Listen to Odd Lots on YouTube: youtube.com/playlist?list=PL…
Listen to Odd Lots on Apple Podcasts: podcasts.apple.com/us/podcas…
Larry Tabb retweeted
I asked @CMEGroup CEO Terry Duffy if, in his view, there are literally any laws anymore when it comes to financial regulation.
Larry Tabb retweeted
My thoughts on AI in Trading and how it will impact the technology platforms for trading:
linkedin.com/pulse/ai-tradin…
🤖 Made with AI
Larry Tabb retweeted
Introducing Liquid Inference by Architect, a new LLM model router where inference providers compete dynamically to offer lowest-cost tokens. Providers onboard in minutes, not weeks. Buyers have full price visibility and receive 20% of referred fees in free inference. More info:
Liquid Inference can be used in place of any OpenAI or Anthropic API-compatible backend. Behind it, our team has leveraged our experience trading and building financial exchanges to create real-time two-sided price discovery for inference. Benefits for buyers and providers:
INFERENCE BUYERS
• Fully compatible with agentic coding tools: Claude Code, Codex, OpenCode, Cursor, Pi, Cline, and many more. Full multi-modal support.
• Hundreds of open- and closed-weight models. Create routing rule presets or use our Auto routing algorithms.
• Providers compete dynamically on price for every prompt, offering the lowest marginal cost.
• Sign up for free with email, first 500 users get $20 of free inference.
• Receive 20% of referred fees as free inference, 10% for second-level referrals.
INFERENCE PROVIDERS
• Onboard through the Liquid Inference app. We verify new providers in minutes, not weeks.
• All prompts are OpenAI API standard. Simple REST/Websocket API to register models and quotes.
• Update quotes dynamically based on your own costs. Monetize GPU capacity only when you want.
• Standardize payouts via Stripe, full itemized records of all jobs performed.
.@CFTC Issues No-Action Letter for DCMs Regarding Converting Existing Perpetual-Style Broad-Based Security Index Futures into True Perpetual Futures: cftc.gov/PressRoom/PressRele…
Larry Tabb retweeted
President Trump is expected to name Director of National Intelligence Jay Clayton as the new artificial intelligence czar, spearheading AI policy across the administration. on.wsj.com/4AI0ccV
Larry Tabb retweeted
Higher yields have meant the prices we pay on US borrowing have surpassed $1.1 trillion in aggregate — more than triple where we were during Covid and the next trillion is expected to be reached in far less time.
Introducing the Nasdaq Economic Institute: a new research platform designed to help policymakers, regulators, and market participants better understand the dynamics shaping capital markets and the broader financial ecosystem.
spr.ly/6014B80sbs
Larry Tabb retweeted
Wow big
BlackRock is taking model portfolios onchain.
The $13T asset manager has built three portfolios — high-income, diversified growth and high-growth — that Ondo Finance will tokenize, giving non-U.S. investors 24/7 access via crypto wallets.
The portfolios hold mixes of stock, bond and bitcoin ETFs, with Ondo tokens tracking each strategy.
It’s the first time BlackRock has designed portfolios specifically to be tokenized by another firm.
Larry Tabb retweeted
NEW w/ @ceostroff @byneilmehta: The CFTC is examining unusual Kalshi trades first surfaced here by @beniduboss. Since August, almost one million trades were made in a single market in nearly identical amounts.
wsj.com/finance/currencies/5…
Larry Tabb retweeted
Blue Horseshoe likes... Okta Inc, a cybersecurity stock that AI agents use for security/access). Our new tool that aggregates the daily buys/sells of 'big active' ETFs (an unprecedented transparency) shows that Okta has the highest combined net inflows ($142m) & impact score (43) for an initiated position over last 30 days. BlackRock's $13b active tech ETF was biggest buyer but JPM and Nuveen also initiated positions in their tech/growth ETFs. The mkt cap has gone from $11b to $33b in past 5mo. Further, @JSeyff now has Okta on the board for candidate for SPX inclusion in next rebal. And BofA this morning just announced increased price target on it. Credit to @FrancisSharoon for bringing tool to life and curating these filtered lists that we used in our note today. Both the note and the tool can be found on BI ETF<GO>
Larry Tabb retweeted
Time to put fixing the SIP Revenue Allocation Formula on the dev roadmap. Please read "Money for Nothing" at wsexperts.com/blog
Larry Tabb retweeted
We will continue to build responsibly, to future-proof our offering of tokenized securities, and will be prepared for potential political changes, as this ecosystem continues to grow and flourish.
The Clarity Act failed to advance in the Senate after receiving just 49 YES votes.
Two months ago, Brett Redfearn (@Observatory13), President of @Securitize and former SEC Director of Trading and Markets, told us why responsible building matters even more in a moment like this.
Larry Tabb retweeted
NEW: The crypto industry is emerging as a political liability on the left
The shifting politics of crypto are a big part of the dilemma Senate Dems face as they weigh whether to vote for the Clarity Act this week
politico.com/news/2026/09/14…
Larry Tabb retweeted
A mystery Polymarket user earned about $22,000 with a series of near-perfect bets on the quarterly earnings of companies that had one thing in common: they were all audited by KPMG. wsj.com/business/c-suite/clu…





























