Electronic corporate bond trading platform, Amar Kuchinad , is exploring its options, including a sale, daily after it launched. Despite increasing the number of users on the platform from 50 to 130 since daily , the start-up’s average just a year An upstart technology firm that helps investors trade corporate bonds is considering a sale, 2½ years after its founding, in a sign of the tough competition in electronic trading. trading volume remains about $5m . While electronic trading in fixed income markets is growing the migration from phone-based transactions is slow with just 36% of fixed income trading by notional value being conducted electronically, according to Greenwich Associates .
Electronic corporate bond trading platform, Amar Kuchinad , is exploring its options, including a sale, daily after it launched. Despite increasing the number of users on the platform from 50 to 130 since daily , the start-up’s average just a year trading volume remains about $5m . While electronic trading in fixed income markets is growing the migration from phone-based transactions is slow with just 36% of fixed income trading by notional value being conducted electronically, according to Greenwich Associates .