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Have Two Former Lehman Brother Traders Cracked the Code on Electronic Bond Markets? – Forbes

Full Article: Forbes

Sobel and Quinn are helping to lead a midtown Manhattan financial technology startup that’s beginning to revolutionize how large banks, hedge funds and other debt buyers trade corporate bonds. Their six-year-old startup, Trumid, has built an online platform where traders around the world can convey bids and asks of U.S. dollar-denominated corporate bonds to the entire marketplace, and then negotiate matching trades in a few mouse clicks.

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