TruMid takes early lead in credit dark pool race

Nearly $2.5 billion of corporate bond trades have been executed on dark pools since May

dark pools
Another credit dark pool will open in a few weeks

At least one of the credit dark pools that launched earlier this year to facilitate institutional-size all-to-all trading in corporate bonds is off to a strong start.

TruMid, a session-based dark matching venue for corporate bonds, has seen almost 1,000 high-yield bond trades worth around $2 billion executed on its platform since it launched on April 29.

Electronifie, which combines a lit central limit order book (Clob) with a hidden order book for bigger trades, saw $358 million in primarily

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