Trumid Reports April Performance
Platform sees record participation in its Attributed Trading protocol
NEW YORK, May 5, 2021 /PRNewswire-PRWeb/ -- Trumid, a financial technology company and fixed income electronic trading platform, announced trade volume and user participation highlights for the month of April. Trumid uses innovative technology and product design to bring efficiency, transparency, and liquidity to credit trading.
Trumid's ADV in April was $1.8B, representing a 66% increase year-over-year. Despite a decline in market-wide volumes, the company's market share grew 135% year-over-year, driven by an expanding and increasingly engaged community of users. Trumid continues its leadership in dealer-to-client workflow solutions and the platform's Attributed Trading (AT) protocol experienced a record number of users executing AT trades.
About Trumid
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 corporate 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.
Media Contact
Trumid Press, Trumid, +1 (212) 618-0903, [email protected]
SOURCE Trumid
Share this article