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Trumid Reports Remarkable February Performance in Trading

Trumid, a leader in the electronic trading sector for fixed income securities, recently shared its performance metrics for February 2025, showcasing a remarkable growth trajectory. The financial technology firm not only achieved record trading volumes but also noted significant user engagement on its platform.

Highlights of Trumid’s February Performance

In February, Trumid reported an incredible reported Average Daily Volume (ADV) of $7.4 billion. This represents a substantial 17% year-over-year increase, and an 8% rise compared to the previous month. The platform's ability to attract and engage users has helped solidify its position in the market, reflected in the following highlights:

• - Sustained Market Share Growth: Trumid has experienced continued growth in overall market share, which rose by 8% year-over-year. This increase underscores the platform’s competitive position in the electronic trading landscape.
• - High Yield Trading Advances: The company achieved record highs in both yield ADV and market share, with both metrics improving by 11% compared to the previous year. The boost in numbers is attributed to a mix of heightened new issues and non-new issue high yield trading.
• - Increase in List-Based Protocols Activity: In a significant leap forward, activity in Trumid's list-based trading protocols has more than doubled, supported by enhanced client adoption of automated workflow solutions and trade automation tools.

Rise in RFQ Performance

Notably, the Request For Quote (RFQ) functionality has seen remarkable success this February. Sending a strong message about its growing usage, RFQ ADV was up 24% month-on-month, and tripled year-over-year. Key data includes:

• - Trumid AutoPilot™ Success: Launched in mid-2024, Trumid AutoPilot™ allows trades to be executed seamlessly based on client-driven parameters. In February, an impressive 81% of eligible line items were executed without human intervention, setting a new standard for efficiency.
• - Increased Client Uptake of Trumid PT: The number of lists traded through Trumid’s platform rose by 50% as compared to February 2024. Daily usage of Trumid PT Pricer™, an essential tool for clients to evaluate transaction costs, also grew by over 40% year-over-year.
• - Growth in Trading Participation: Trumid Swarms and Attributed Trading (AT) protocols saw robust participation, with the daily unique bonds traded via Swarms rising by approximately 30%. This reflects a growing trend where clients are looking for comprehensive trading solutions.

The Future of Trumid

In conclusion, Trumid’s performance in February 2025 is a testament to its innovative approach and commitment to enhancing the trading experience. Blending advanced technology with market expertise, Trumid is setting new benchmarks in the fixed income trading arena. As the platform continues to refine its protocols and enhance user engagement, it stands poised for even greater achievements in the months to come. The future looks bright for Trumid as it capitalizes on its strengths and navigates the changing landscape of financial technology trading.

For additional information and detailed insights, visit Trumid's official website.