Difference between revisions of "Trumid"

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== History ==
== History ==
In January 2021 Trumid secured a $50 million investment in a funding round co-led by DST Global and Dragoneer Investment Group. Also in early 2021, Goldman Sachs formed a strategic relationship with Trumid, offering liquidity to its institutional clients through Trumid’s network as well as offering input on long-term product development as a member of Trumid’s advisory committee.<ref>{{cite web|url=https://www.thetradenews.com/trumid-hires-cboe-electronic-trading-expert-as-chief-revenue-officer/|name=Trumid hires Cboe Electronic Trading Expert as Chief Revenue Officer|org=The Trade News|date=October 12, 2021}}</ref>


In October 2021, Trumid announced a $208 million infusion of capital from a number of Wall Street investors, led by Point Break Capital Management. A significant investment was also provided by the private equity firm Motive Partners. Senator Investment Group and TPG Capital, as well as BlackRock and T Rowe Price, also provided capital. The fundraising valued Trumid at about $2.4bn, the company said.
In October 2021, Trumid announced a $208 million infusion of capital from a number of Wall Street investors, led by Point Break Capital Management. A significant investment was also provided by the private equity firm Motive Partners. Senator Investment Group and TPG Capital, as well as BlackRock and T Rowe Price, also provided capital. The fundraising valued Trumid at about $2.4bn, the company said.<ref>{{cite web|url=https://www.ft.com/content/2665721a-0b09-484b-b1e3-e824f91d36d3|name=Bond platform Trumid raises $208m as Wall Street bets on electronic trading|org=The Financial Times|date=October 12, 2021}}</ref>


== Products and Services ==
== Products and Services ==

Revision as of 17:08, 12 October 2021


FTSE Russell banner 2016.gif
FTSE Russell banner 2016.gif


Trumid Financial
Products Electronic bond trading

Trumid Financial is an electronic bond trading platform and fintech company.

History[edit]

In January 2021 Trumid secured a $50 million investment in a funding round co-led by DST Global and Dragoneer Investment Group. Also in early 2021, Goldman Sachs formed a strategic relationship with Trumid, offering liquidity to its institutional clients through Trumid’s network as well as offering input on long-term product development as a member of Trumid’s advisory committee.[1]

In October 2021, Trumid announced a $208 million infusion of capital from a number of Wall Street investors, led by Point Break Capital Management. A significant investment was also provided by the private equity firm Motive Partners. Senator Investment Group and TPG Capital, as well as BlackRock and T Rowe Price, also provided capital. The fundraising valued Trumid at about $2.4bn, the company said.[2]

Products and Services[edit]

Trumid provides traders with the option to trade anonymously or to bilaterally negotiate.

Key People[edit]

References[edit]