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Trumid Reports October Performance

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Electronic bond trading platform announces monthly activity

NEW YORK, Nov. 8, 2024 /PRNewswire/ — Trumid, a financial technology company and fixed income electronic trading platform, today announced trade volume and user participation highlights for October 2024.

October Highlights:

Reported Average Daily Volume (ADV) of $6.5B, up 52% year-over-year.Overall market share up 19% year-over-year across U.S. investment grade and high yield corporate bonds.Trumid PT growth continued, setting new highs for client engagement across counterparties and lists traded. 206 PT lists traded on Trumid in October – a new record.Trumid RFQ accelerated in client adoption. A record number of Trumid RFQ initiators and RFQ responders engaged in the protocol in October, translating into the third consecutive month of record traded volume. Over 900 onboarded buy-and sell-side institutions are available to participate and respond to Trumid RFQs, with a fully integrated RFQ responder network of major dealers and leading algorithmic liquidity providers.Trumid AutoPilot™ for RFQ saw record participation and list sizes in the month. Launched just nine months after Trumid RFQ, AutoPilot uses pre-determined parameters, set by clients, to allow the platform to seamlessly execute trades on their behalf. Available for both buy-and sell-side users, AutoPilot supports mixed lists of up to 500 line-items.Trumid Swarms saw healthy engagement in grey and new issue liquidity as well as secondary liquidity. In what was one of the slower new issue months this year, Trumid still accounted for an average of 40% of new issue secondary trading of deals in the market during the first two days of trading. The daily average number of users executing a trade in Trumid Swarms grew 66% year-over-year.Trumid Attributed Trading (AT) enjoyed increased overall participation aided by almost 60 major dealers and leading algorithmic liquidity providers streaming actionable market data into Trumid’s AT network. AT traded volume was up over 40% year-over-year.Over 10,000 bonds traded on Trumid in October – a new record – and over 1,400 traders transacted on the platform for the second month in a row.

Trumid press
+1 (212) 618-0300
press@trumid.com

About Trumid
Trumid is a financial technology company and fixed income electronic trading platform focused on US dollar-denominated Investment Grade, High Yield, Distressed, and Emerging Market bonds. Trumid optimizes the credit trading experience by combining agile technology and market expertise, with a focus on product design. The result is a differentiated ecosystem of protocols and trading solutions delivered within one intuitive platform. Learn more at www.trumid.com.

© 2024 Trumid Holdings LLC and its affiliates. All rights reserved. Trumid Financial LLC is regulated by the SEC and is a member of FINRA and SIPC. Information included in this message does not constitute a trade confirmation or an offer or solicitation of an offer to buy/sell securities or any other products. There is no intention to offer products and services in countries or jurisdictions where such an offer would be unlawful under the relevant domestic law.

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STARTRADER Launches ‘STAR Trading League,’ an NBA-Inspired Global Trading Tournament

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NBA-inspired tournament challenges traders worldwide through three competitive stages: Toss, Knockout, and Buzzer-Beater.

DUBAI, UAE , May 11, 2026 /PRNewswire/ — STARTRADER, an official partner of the NBA, has announced the STAR Trading League, a global team-based tournament uniting traders in a structured, performance-driven environment. Registration runs from 11–28 May, participants select one of 30 teams via the client portal ahead of the 1 June start. The competition runs through 31 July across three stages, concluding with a single winning team, while the top two traders on the team will win tickets to an NBA game along with additional rewards.

Built around the campaign theme ‘Hit the Markets Buzzer Beater,’ the tournament draws inspiration from the decisive final shot in basketball, highlighting how success in both sports and trading often depends on precision and timing at the right moment.

The journey begins with the Toss, the entry stage of the regular season where participants begin competing. Similar to a basketball tip-off, this phase allows traders to position themselves for an early advantage, with performance determining which teams advance and setting the tone for the competition ahead.

The second stage, Knockout, introduces performance-based elimination, requiring teams to demonstrate consistency and strong trading strategies to remain in the tournament. As pressure rises, only teams maintaining strong results advance. This stage begins with the playoff rounds, followed by the quarterfinals.

The final stage, Buzzer-Beater, brings together the top-performing teams for the decisive rounds, beginning with the semifinals, where four teams compete for a place in the next phase. The tournament then advances to the MVP Finals, where the remaining two teams face off for the title. Victory belongs to those who perform with precision and composure in decisive moments.

Participants will compete for rewards throughout each stage of the tournament, with top-performing teams recognized along the way. The winning team of 10 traders may be eligible for tiered rewards, with prizes awarded to qualifying participants. The top two winners will receive premium rewards, including an NBA game ticket, a STARTRADER exclusive basketball, an NBA Store voucher, and a $10,000 cash prize.

“Our partnership with the NBA opened the door to bringing the excitement of sport into trading. With the STAR Trading League, we wanted to build an experience that engages our global community and encourages traders to test their skills in a dynamic, competitive environment.” — Peter Karsten, Chief Executive Officer, STARTRADER

Through the STAR Trading League, launched in collaboration with the NBA, STARTRADER brings its global trading community into a competitive environment where discipline, strategy, and decisive action drive success, reflecting its ambition to deliver innovative trading experiences within a trusted and reliable ecosystem.

About STARTRADER

STARTRADER is a global multi-asset broker empowering retail and institutional partners to access global markets through a range of platforms, including MetaTrader, STAR-APP, and STAR-COPY.

Regulated across five jurisdictions (CMA, ASIC, FSCA, FSA, and FSC), STARTRADER combines strong governance with a client-first approach, serving both retail clients and partners with a commitment to transparency, reliability, and long-term growth.

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View original content:https://www.prnewswire.co.uk/news-releases/startrader-launches-star-trading-league-an-nba-inspired-global-trading-tournament-302767957.html

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Longbridge Names Gavin Chia as Singapore and Regional CEO, Southeast Asia, Marking a New Chapter for the AI-powered digital Brokerage

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SINGAPORE, May 11, 2026 /PRNewswire/ — Longbridge, the AI-powered digital brokerage, has appointed Gavin Chia as Singapore and Regional CEO, Southeast Asia, effective 5 May 2026. Chia brings more than 18 years of experience in financial services and was instrumental in building moomoo Singapore from a startup into one of the country’s leading retail brokerages.

The hire is the most senior local appointment Longbridge has made since and comes as the firm consolidates a series of strategic moves, including obtaining a Capital Markets Services licence from the Monetary Authority of Singapore (MAS) and announcing its first physical location — into a coherent push for market leadership in the region.

An Executive Move with Industry Significance

Singapore is one of Asia’s most fiercely competitive digital brokerage markets, with several leading platforms, such as Longbridge, moomoo, Tiger Brokers and Webull. Industry observers are largely in agreement that in the next few years, the landscape will be shaped by AI and technological capability, and the ability to localize and adapt to each country’s local environment.

With Gavin joining Longbridge, this clearly demarcates Longbridge’s dedication towards improving on both fronts.

A Proven Builder for a New Growth Phase

Gavin Chia is one of Singapore’s most experienced digital brokerage executives. As moomoo’s CEO in Singapore, he led the business from inception to become one of the leading digital brokerages in the market. He subsequently served as CEO of IG Singapore & Emerging Markets, deepening his track record of driving growth, product expansion, and market leadership across the region.

His deep familiarity with the MAS regulatory landscape, local retail investor behaviour, and the operational realities of scaling a brokerage in Southeast Asia makes him a highly strategic appointment for Longbridge at this stage of its growth.

At Longbridge, Gavin will have full ownership of operations, regulatory affairs, product localization, and team-building across Singapore and Southeast Asia.

“What attracted me to Longbridge is its strong technology foundation and clear ambition to redefine the brokerage experience through AI. I see a strong alignment between Longbridge’s vision and my own belief that the future of investing lies at the intersection of technology, product innovation, and user experience. The opportunity to build and scale this in the region, together with a forward-looking team, was particularly compelling.”

— Gavin Chia, Singapore and Regional CEO, Southeast Asia, Longbridge

What “AI-First” Means in Practice

For Gavin, an AI-first brokerage goes beyond a product feature, it is a foundational philosophy about how the entire client experience is designed and delivered.

“To me, an AI-first brokerage is one where AI is not just a feature, but embedded across the entire client journey, from onboarding and education, to idea generation, execution, and risk management. AI is fundamentally reshaping how people invest. It lowers the barrier to entry by simplifying complex information, enables more personalised insights at scale, and helps investors make more informed decisions in real time. Over time, we hope to see investing become more intuitive, data-driven, and accessible, where technology augments, rather than replaces, human judgement.”

— Gavin Chia, Regional CEO, Southeast Asia, Longbridge

Longbridge is among a small number of digital brokerages globally to have embedded AI at the product architecture level, across investment research, trading assistance, and customer insights. This commitment to innovation extends beyond AI. Longbridge made history in 2025 by launching the world’s first U.S. stock options pre-market trading, a milestone that underscores its position at the frontier of brokerage technology. A central part of Gavin’s mandate will be to bring these capabilities to investors across Southeast Asia, in a form that is locally relevant and meets the regulatory requirements of each market.

“We are delighted to have Gavin on board. Over the past few months, we have laid a great deal of groundwork for this Singapore chapter, including our MAS licence, platform infrastructure, product suite, and the Longbridge Cafe Singapore physical space. But to weave all of that into a business that is truly rooted locally, we needed a leader who both understands Longbridge’s global vision and is deeply familiar with Singapore’s local landscape.”

— Nowa Zhu, Group CEO, Longbridge

Longbridge’s Growing Footprint in Singapore

Gavin’s appointment is the latest milestone in a series of concrete moves Longbridge has made in Singapore over the past six months:

Licensed operations: Long Bridge Securities Pte. Ltd. holds a Capital Markets Services licence (CMS Licence No. CMS101211) issued by the Monetary Authority of Singapore (MAS), and operates as an Exempt Financial Adviser.Physical presence: On 30 April 2026, Longbridge announced the launch of Longbridge Cafe Singapore — located above Guoco Tower / Tanjong Pagar MRT station and expected to open in September 2026. It will be Longbridge’s first physical overseas location.Local leadership: On 5 May 2026, Gavin Chia joined as Regional CEO, Southeast Asia.

Taken together, Longbridge has established what observers are calling a complete “localization loop” in Singapore: a licensed entity, a physical space, and a local leader with the mandate and experience to execute. This combination remains uncommon among digital brokerages operating in the market.

About Longbridge Securities Singapore

Longbridge Securities is an AI-Powered online brokerage headquartered in Singapore. By building global trading infrastructure and a trading network, it delivers best-in-class trading experiences to investors worldwide. Founded in March 2019, Longbridge holds 22 financial regulatory licenses or qualifications across the U.S., Hong Kong SAR, Singapore, and other markets, and has secured more than US$150 million in strategic investment from leading financial institutions and investment firms. Long Bridge Securities Pte. Ltd. is a licensed entity regulated by the Monetary Authority of Singapore (MAS) (Capital Markets Services Licence No.: CMS101211), holding a Capital Markets Services Licence and operating under an exempt financial adviser status.

Disclaimer

Long Bridge Securities Pte. Ltd. (Co. Reg. No. 202111825D) provides an execution-only service. All investments carry risk. Please refer to the Risk Disclosure Statement on our website for details. This advertisement has not been reviewed by the Monetary Authority of Singapore.

This commitment to innovation extends beyond AI — Longbridge made history in 2025 by launching the world’s first U.S. stock options pre-market trading, a milestone that underscores its position at the frontier of brokerage technology.

View original content:https://www.prnewswire.com/apac/news-releases/longbridge-names-gavin-chia-as-singapore-and-regional-ceo-southeast-asia-marking-a-new-chapter-for-the-ai-powered-digital-brokerage-302767964.html

SOURCE Longbridge

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Mobupps Unveils ECHO AI – A Self-Learning Mechanism

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ASHDOD, Israel , May 11, 2026 /PRNewswire/ — Mobupps, a leading global adtech company, today announced the launch of ECHO AI, its next-generation self-learning mechanism designed to bring real-time intelligence to every stage of the advertising process. ECHO AI interprets signals, identifies value, and adapts dynamically to deliver more efficient outcomes with minimal manual input.

Leveraging continuous learning from live campaign data, ECHO AI automatically identifies the most effective channels, audiences, and creatives, enabling advertisers to achieve stronger user lifetime value and lower acquisition costs from day one.

ECHO AI delivers a powerful suite of intelligent capabilities designed to transform campaign performance. Using advanced audience segmentation based on proprietary behavioral data, ECHO AI ensures precise targeting and meaningful user engagement.

The system provides automated recommendations for continuous campaign optimization, enabling advertisers to achieve greater efficiency and a smarter use of their budgets. Purpose-built to acquire high-value users and maximize their long-term revenue potential, ECHO AI empowers brands to scale sustainably and effectively.

Fully integrated with MAFO, ECHO AI operates within a unified ecosystem, delivering seamless automation, accuracy, and performance across all marketing channels.

Yaron Tomchin, Chief Executive Officer at Mobupps, commented: “ECHO AI represents a major leap forward in our mission to empower the Mobupps team with true data intelligence. By embedding self-learning capabilities into our ecosystem, we are enabling marketers to make smarter, faster, and more efficient decisions across every campaign touchpoint.”

Rashid Galimov, Chief Technology Officer at Mobupps, added: “Our engineering vision behind ECHO AI was to create an adaptive framework that constantly evolves. Every impression, click, and conversion becomes a learning input — fueling optimization loops that deliver measurable results at scale.”

ECHO AI is the future of automated performance, built for marketers who need speed, precision, and data-driven growth. Connect Mobupps to see how ECHO AI can transform your next campaign here.

Source of the PR: Link 

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View original content:https://www.prnewswire.co.uk/news-releases/mobupps-unveils-echo-ai–a-self-learning-mechanism-302767969.html

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