Trumid Buys Electronifie

Deal will increase Trumid Market Center user network by 20 percent.

Three businesspeople meet and shake hands

The deal is expected to close in early Q2 of 2017. Terms of the deal were not disclosed. Once approved, over 350 firms will sit on Trumid Market Center, the vendor’s all-to-all trading network for corporate bonds.

“We pride ourselves on building a strong user network and delivering great products that make corporate bond trading easier.  Trumid continuously strives to improve all aspects of our clients’ trading experience,” said Mike Sobel, president of Trumid, in a statement. “The Electronifie team shares that vision and the combination of our networks will enhance the all-to-all liquidity available on the Trumid platform.”

 

 

 

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here