NEW YORK, April 28, 2021 /PRNewswire-PRWeb/ -- Trumid, a financial technology company and fixed income electronic trading platform, has hired Ben Sobel as its Head of Emerging Markets. Ben has over 15 years of experience in Emerging Markets, in senior sales and trading roles at Lehman Brothers, Nomura, Bank of America and most recently Goldman Sachs. Ben's EM expertise complements Trumid's leading edge trading platform and activated network, strengthening the company's commitment to collaborate with clients to build innovative trading products and solutions.
Ben's hire coincides with the release of Attributed Trading (AT) for EM on the Trumid platform, an expansion of the company's EM offering. AT's success in US credit has been a meaningful driver of Trumid's overall growth, with Q1 ADV up over 100% year-over-year. The AT protocol is an electronification of dealer-to-client workflows, providing efficiency and transparency to both liquidity providers and liquidity takers. Trumid's platform currently has 20 dealers streaming prices to over 400 buy-side institutions on over 11,000 unique bonds per day.
"Ben is an EM expert, with deep understanding of its market structure and client base," said Trumid Founder and CEO Ronnie Mateo. "We're committed to our Emerging Markets franchise and excited to have Ben on our team."
Trumid is a financial technology company bringing efficiency, connectivity and access to credit trading through innovative technology and product design. Trumid's product ecosystem leverages data and the power of the network effect to create transparency, liquidity and efficient trade execution. Trumid Market Center, the company's electronic trading platform, connects bond market professionals to a broad network of liquidity and provides a range of trading protocols to access it. For more information, visit http://www.trumid.com.
Information included in this message does not constitute a trade confirmation or an offer or solicitation of an offer to buy/sell securities or any other products. There is no intention to offer products and services in countries or jurisdictions where such an offer would be unlawful under the relevant domestic law.
Trumid Press, Trumid, +1 (212) 618-0903, [email protected]