NEW YORK, Feb. 4, 2021 /PRNewswire-PRWeb/ -- Trumid, a financial technology company and fixed income electronic trading platform, announced record trade volumes and user participation in the month of January. Trumid strives to use innovative technology and product design to bring efficiency, transparency, and liquidity to credit trading.
Trumid's average daily trade volume in January was $1.7B, representing a 122% increase year-over-year and a 48% increase versus Q4 2020. Both Trumid's anonymous and Attributed Trading protocols experienced record user engagement, with 837 users active on the platform. Record overall market share was achieved in January, alongside continuous product improvements and rapid technology release cycles to meet client needs.
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
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