Trumid, SGX Asia bonds JV faces uncertain future
Costly delays to launch of exchange sees backers slash headcount
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Costly delays to launch of exchange sees backers slash headcount
Costly delays to launch of exchange sees backers slash headcount
Olibra Has Appointed Consumer Electronics Industry-Specialized Firm Muto Communications as Public Relations Agency-of-Record to Promote Innovative Bond Home Control IoT Platform of Device Control Cresskill, NJ – January 24, 2022 – Technology company Olibra has selected Muto Communications as its public relations agency-of-record. Olibra’s Bond IoT platform is in midst of significant growth as more […]
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A new trading platform for the Asian bond market that was spun out of the Singapore Exchange (SGX) is bulking up in Hong Hong. XinTru is a joint venture between SGX, US credit trading specialist Trumid and private equity firm Hillhouse Capital. It launched in February and has made a series of eye-catching hires. The JV operates Trumid XT, a trading platform that connects SGX’s Bond Pro and Trumid’s Market Center. Loh Boon Chye, CEO of SGX refers to TrumidXt as “the missing link between Asian and U.S. markets.” Trumid XT’s status as a new fintech has already attracted tr...