02/25/2021 | Press release | Distributed by Public on 02/25/2021 03:05
Linklaters advises Trumid Holdings LLC on its joint venture to launch an electronic Asian bond trading platform
Linklaters advised Trumid, a financial technology company on its joint venture with the Singapore Exchange (SGX) and Hillhouse. The Singapore-based joint venture company, XinTru, is a strategic partnership for SGX, Trumid and Hillhouse. This joint venture combines Trumid s cutting-edge technology and fixed income expertise, SGX s deep experience in Asian financial market infrastructure and electronic trading, and Hillhouse s expertise and network in Asia and the financial services sector.
XinTru will launch and operate Trumid XT, an electronic bond trading platform powered by advanced technology and rich analytics. Trumid XT will connect the commercial footprint and liquidity from SGX s Bond Pro and Trumid s Market Center in the United States to provide a robust network for trading of Asian fixed inc