#USA #New York #Financial Technology #trading volume #Trumid RFQ

Trumid Kicks Off 2026 with Record-Breaking Trading Metrics

In an impressive start to 2026, Trumid, a prominent financial technology company specializing in fixed income electronic trading, has officially reported exceptional trading volume and user engagement levels for January. The firm's co-CEO, Mike Sobel, emphasized that this surge reflects a successful transition from the investments and client collaborations made throughout 2025.

Record-Breaking Volumes and Engagement

January marked a significant boost in Trumid's trading activity, with the firm's Average Daily Volume (ADV) reaching a staggering $9.9 billion. This figure stands out as 44% higher than the previous year and more than double that of the prior month. Notably, this exponential growth far exceeds the market-wide volume increase of just 28% reported by TRACE™, highlighting Trumid’s solid market positioning.

Sobel pointed out, "January was another breakout month for Trumid, with investment and client collaboration from 2025 translating into a clear step function in activity to start 2026... we expect robust market activity and continuous improvements in market structure throughout the year."

Strong Market Share Gains

Trumid achieved record overall market share, which rose by 12% year-over-year, with the U.S. Investment Grade segment experiencing a remarkable 21% increase. This growth was substantially driven by a notable rise in list trading, which coalesced with a robust performance in Trumid's Request for Quote (RFQ) and Portfolio Trading (PT) mechanisms. The ADV for combined RFQ and PT surged by a phenomenal 130% compared to the previous year.

Moreover, the number of buy-side traders engaging with Trumid's platform reached new heights, with 54% more executing trades daily across both trading protocols when compared to January last year. This highlights an increasingly engaged and expanding client base.

Milestone Achievements in RFQ Activity

January was particularly pivotal for Trumid's RFQ segment, where both traded volume and trade counts doubled when matched against the same month in the previous year, while also recording over 50% growth month-over-month. This extraordinary performance established RFQ ADV at a record $1.4 billion, propelled by extensive buy- and sell-side participation.

Automation played a crucial role in enhancing trading volumes, as Trumid’s AutoPilot™ for RFQ enabled 'no touch' execution for 87% of eligible RFQ line items, significantly streamlining client interactions and trade executions.

Optimizing Trading Experiences

Trumid's robust analytics and pricing tools are instrumental in fostering the platform’s RFQ and PT adoption rates. The innovative technology that underpins these tools ensures traders have access to real-time data, allowing for more informed decision-making and swift trading actions.

With new issuance volumes reaching historic levels, Trumid played a vital role in the market, accounting for approximately 44% of secondary trading of new issues during the initial days following their release across its innovative Swarms and Attributed Trading protocols. Furthermore, the platform facilitated trading for over 11,800 unique bonds in January, achieving a record number of unique traders transacting on its platform—a remarkable accomplishment in the financial technology landscape.

Conclusion

As Trumid closes out January, it stands poised for continued growth with a strong emphasis on enhancing client satisfaction through innovative technology solutions. With the company’s ever-expanding client network and commitment to advancements in trading methodologies, the financial tech giant is set to shape the future of electronic trading in 2026 and beyond.