This electronic trading platform provides corporate bond market professionals with direct access to liquidity and market intelligence. It leverages data science and network effects to help credit market participants make informed trading decisions and improve efficiency in credit trading.
Funding
$208M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
PBFounders
Product
Problem
Corporate bond market professionals often lack efficient access to liquidity and comprehensive market intelligence, hindering informed trading decisions. Fragmented data and limited protocol flexibility can lead to inefficient trade execution and missed opportunities.
Solution
Trumid provides an electronic trading platform that connects corporate bond market participants with direct access to liquidity and market data. The platform offers a personalized user experience through customizable market data feeds, flexible protocols, and quantitative models designed to ensure quality liquidity. By aggregating market data and providing analytics tools, Trumid empowers users to make informed trading decisions and optimize trade execution. The platform's protocol flexibility allows clients to choose how and what they want to trade within a single, easy-to-use interface.
Target Audience
The primary users are buy-side and sell-side institutions, including portfolio managers, traders, and market makers in the corporate bond market.
Features
- Customizable market data feeds and personalized watchlists
- Aggregated market data and analytics tools for price discovery and execution analysis
- Fair Value Model Price (FVMP™), a real-time predictive pricing model for corporate bonds
- Protocol flexibility, including anonymous, attributed, and list trading
- Integration with major OMS, EMS, and third-party data providers
- Real-time data feed or FTP access
- Historical tick data available from 2021 to date