Electronic corporate bond trading platform , Electronifie , is exploring its options , including a website , just a year after it launched . Despite increasing the number of users on the platform from 50 to 130 since last autumn , the start - up ’s average daily trading volume remains about $ 1 million . Electronifie Inc. founder Amar Kuchinad said the company has hired investment bank SenaHill Advisors LLC in recent months to work on options that include a new round of funding, a “strategic partnership” with another firm or a sale. 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 done electronically , according to Research Associates .
Electronic corporate bond trading platform , Electronifie , is exploring its options , including a website , just a year after it launched . Despite increasing the number of users on the platform from 50 to 130 since last autumn , the start - up ’s average daily trading volume remains about $ 1 million . 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 done electronically , according to Research Associates .