NEW YORK, Dec. 3, 2020 /PRNewswire-PRWeb/ -- Trumid, a financial technology company and fixed income electronic trading platform, announced record daily average volume in the month of November. Trumid strives to use innovative technology and product design to bring efficiency, transparency, and liquidity to credit trading.
Trumid's average daily volume in November was $1.4B, representing 202% growth year-over-year. Each of Trumid's protocols saw record levels of activity. Attributed Trading enjoyed record daily average volumes and active users. The anonymous protocol experienced record user success with 474 users completing a trade using the protocol – that growth was driven by Trumid's launch of Emerging Markets trading and strong ongoing market share in the most active bonds and new issues. Across the entire platform, a record 821 users were active during the month of November.
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]