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Trumid raises $200m in new funding at a valuation of more than $1b

New York City based bond trading platform raised $200m in new funding led by Dragoneer.

“We are convinced that bond trading is on the verge of a dramatic shift towards electronic trading, which will drive greater liquidity and efficiency for buy-side and sell-side traders,” Flynn said.

Tags

capital markets, trading platform, fixed income, electronic trading