1. Why trade entry is important

• Entering trades from natural language description is a complex, labor intensive and repetitive task that often has to be performed under time pressure

  • What-if requests

  • Term sheets

  • Trade confirmations

  • Prospectuses and offering memorandums

  • Loan covenants

• This task resisted automation so far, using LLMs or otherwise

• And yet, the payoff for automating it is enormous

• Today, it can only be performed by highly qualified people who find it unrewarding and would welcome AI assistance