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This bond trading platform is hoovering up talent in Hong Kong


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 trading talent in Hong Kong. This month it hired Killian Tracey, the former head of Asian credit trading at Credit Agricole CIB as a managing director. Tom Carlone also joined as an MD from Citi Securities-owned brokerage CLSA. ....

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