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Trumid, an all-to-all electronic credit trading platform, has announced the launch of the Trumid Market Center which has been designed to unlock liquidity for all market participants by giving them efficient and anonymous access to a network of their peers.
Since the original platform was launched last year, the startup firm has attracted a network of nearly 275 onboarded institutions from the buy side and the sell side. The company focuses on institutional-sized trades, with an average trade size over $2 million.
Mike Sobel, President of Trumid, said: “Since our launch last year, we have been focused on bringing our technology ... (read more)