Trumid Reports Massive Growth in October 2025
Trumid, a leading financial technology firm specializing in electronic trading for fixed income securities, has continued its remarkable growth trajectory into October 2025. The company recently revealed significant statistics regarding trade volumes and user participation, showcasing a thriving platform that surpasses industry expectations.
Key Highlights from October
In October 2025, Trumid reported an Average Daily Volume (ADV) of $7.7 billion, reflecting a substantial 19% year-over-year growth. This increase outperformed the overall market growth of just 6%, evidencing Trumid's growing dominance in the financial technology space. Notably, the overall market share for all Trumid traded segments increased by 13% year-over-year.
One of the most striking achievements in October was the record market share for U.S. Investment Grade securities, which grew by 20% compared to the previous year. This growth was primarily driven by the remarkable performance of Trumid's list trading protocols, where combined ADV for Trumid's Request for Quote (RFQ) and Portfolio Trading surged by 50% year-over-year.
Unprecedented Trading Activity
Trumid reached several milestones in October, with every trading protocol surpassing the $1 billion mark in daily volume on a single day for the first time. This achievement indicates the diverse and expanding adoption of Trumid's multi-protocol electronic trading ecosystem that spans various bond markets.
The RFQ platform also witnessed a significant uptick, with both traded volume and trade counts more than doubling year-over-year. The platform saw a remarkable increase in participation from both buy-side and sell-side, with distinct workflows showing a 164% rise in the number of lists initiated. Furthermore, the interest in block-sized liquidity jumped by 54% for inquiries over $5 million compared to June 2025.
Emphasis on Automation and Efficiency
Trumid’s AutoPilot feature for RFQs maintained high levels of automation, achieving 84% fully automated executions for eligible RFQ line items. This capability is supported by an extensive network of over 80 active liquidity providers, which enhances Trumid's market efficiency and client service.
Trumid Swarms continued to play a vital role in supplying liquidity not only in grey markets but also in new and seasoned bond trading. In a groundbreaking instance, Trumid accounted for nearly 60% of all secondary trading on the largest new issue day of the year, underlining its critical function in providing liquidity and post-trade efficiency.
October's statistics indicated that Trumid executed an average of 52% of all secondary trading during the first two days following issue—a new record that firmly establishes Trumid as a cornerstone in both grey and new issue market liquidity.
Trumid's platform also saw continuous engagement, with over 10,000 unique bonds traded for the tenth consecutive month, indicating sustained interest and usage among investors.
About Trumid
Trumid combines cutting-edge technology with deep market expertise, focusing on US dollar-denominated Investment Grade, High Yield, Distressed, and Emerging Market bonds. The firm aims to enhance the credit trading experience by offering a unique array of protocols and trading solutions within a single intuitive platform. For further details about Trumid’s offerings, visit
Trumid.com.
This continued success in trade volume and market share is a testament to Trumid’s innovative approach to financial technology and its commitment to providing superior trading solutions to its users.