NEW YORK (PRWEB) April 07, 2021
Trumid, a financial technology company and fixed income electronic trading platform, announced record trade volume and user participation in the month of March. Trumid uses innovative technology and product design to bring efficiency, transparency, and liquidity to credit trading.
Trumid’s ADV in March was $2.1B, representing a 123% increase year-over-year and a 48% increase month-over-month. Platform engagement has been high throughout 2021, including 910 active users on the platform in the month of March. Elevated participation has led to record user success rates for the 550 buy and sell side institutions within the Trumid network.
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.