NEW YORK, June 8, 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 May. Trumid uses innovative technology and product design to bring efficiency, transparency, and liquidity to credit trading.
Trumid's ADV in May was $1.9B. Despite muted market-wide trading activity, Trumid's May ADV was the second highest in 2021 and represented 54% growth from the year-ago period. Trumid's share of overall market volume was at a record in May in its anonymous protocol and platform-wide. A record number of daily users successfully executed trades on Trumid's platform in May.
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. 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.
Trumid Press, Trumid, +1 (212) 618-0903, [email protected]