ION Markets upgrades connectivity tech for Trumid’s D2C negotiation protocol

ION Markets has upgraded its connectivity to support Trumid’s Attributed Trading, a disclosed dealer-to-client negotiation protocol, through the ION Credit solution. Trumid is a financial technology company and electronic bond trading platform, building differentiated trading solutions for its community of users. This upgrade builds on previous versions of the Trumid gateway that supports Axe contribution and post-trade functionalities.

ION Credit’s upgraded solution for Trumid provides additional benefits, including access to diverse market data sources, powerful automation for Axe and Run management, and ION’s advanced pricing engine.

“Our continued collaboration with ION has enabled sell-side traders to distribute their axes seamlessly and negotiate with their clients bilaterally. We are eager to continue working with ION to provide these traders with access to Trumid’s anonymous liquidity pool,” said Lauren Burd, head of Product Sales at Trumid, in a statement.

ION Credit’s automation features give traders sophisticated inquiry management and configurable auto-negotiation. Covering multiple markets, the ION Desktop user interface allows dealers to manage workflows for multiple markets from a single screen. This allows orders, trades, and allocations to flow seamlessly downstream. In addition, ION Credit’s fully modular technology easily scales with businesses, integrates with third-party systems and technologies, and offers intelligent quote management.


Related Posts

Previous Post
As interest rates rise, how soon can repo expect wider spreads?
Next Post
ICMA responds to EBA on the calculation of the LCR and triparty repo

Fill out this field
Fill out this field
Please enter a valid email address.


Reset password

Create an account