Trumid Achieves Record Trading Volume and User Participation in Q2 2025

Trumid's Performance Report for June and Q2 2025



Trumid, a prominent player in the financial technology sector and known for its fixed income electronic trading platform, has revealed impressive statistics regarding its trading volume and user participation for the month of June and the second quarter of 2025. According to Mike Sobel, Co-CEO and President of Trumid, the company's performance reflects a period of remarkable growth and increased engagement from clients across its platform.

Record-High Activity in June


In June 2025, Trumid reported an Average Daily Volume (ADV) of $5.7 billion, marking a 23% increase compared to the same month in the previous year. This number is significant when juxtaposed against the industry-wide growth of 13% in TRACE™ reported volumes. Factors contributing to this surge include the outstanding performance of Trumid's RFQ (Request For Quote) and Portfolio Trading (PT), which witnessed an extraordinary ADV growth of 85% year-over-year. Additionally, 55% more buy-side traders participated in trading activities across both protocols compared to the prior June, showcasing a deepening trust in Trumid’s innovative solutions.

Highlights from Q2 2025


Continuing this upward trend, Q2 of 2025 emerged as a milestone quarter for Trumid and its clientele. The overall ADV for Trumid surged by 31% year-over-year, outperforming the TRACE™ market-wide growth of 20%. Notably, Trumid's Portfolio Trading marked its tenth consecutive quarter of growth, achieving all-new highs in client engagement, traded volume, and lists executed, with a remarkable 69% increase in ADV year-over-year.

One of the noteworthy achievements this quarter included Trumid RFQ reaching a record trading day, recording $1.4 billion traded at the month and quarter-end. Furthermore, this platform processed what is thought to be the largest single RFQ list electronically ever, with over 420 line items accomplished in a solitary request. This was made feasible by Trumid's support for mixed lists, with up to 500 line items, wherein 89% of eligible items were executed seamlessly via the Trumid AutoPilot™ for RFQ.

The adoption of Trumid’s advanced technologies, including AI and machine learning, proved advantageous in enhancing operational workflows, facilitating clients’ trading activities in real-time, and generating tangible value. The introduction of the ETF Monitor feature, which provides live ETF share prices and estimates, alongside the functionality of the Trumid Axe Finder—designed to streamline dealer workflows—has further positioned Trumid as an essential tool for market participants seeking efficiency and precision in bond trading.

Looking Ahead


As Trumid moves forward, the firm’s focus on technological investments and a user-centric design will continue to play a crucial role in sustaining its growth trajectory. By enhancing automation capabilities and client engagement, Trumid aims to maintain its leadership within the fixed income electronic trading space. The company's commitment to fostering deeper protocol adoption will likely provide ongoing momentum, ensuring that both the firm and its clients remain at the forefront of an increasingly competitive market landscape.

In conclusion, Trumid's June 2025 results and Q2 performance reflect strategic growth, sustained market share gains, and deepening client trust, paving the way for a robust future.

Topics Financial Services & Investing)

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