Trumid Reports Record-Breaking Trading Volume for May 2025.

Trumid Reports Record-Breaking Trading Volume for May 2025

Trumid, renowned for its innovative approach to fixed income trading, has unveiled its trading metrics for May 2025, confirming a remarkable surge in user engagement and transaction volume on its electronic trading platform. This report highlights Trumid's strides in enhancing its trading experience for participants, particularly among buy-side traders.

Overview of Performance Metrics

In May, Trumid reached an Average Daily Volume (ADV) of $6.8 billion, which marks a 30% increase compared to the same month last year. This achievement is underpinned by an extraordinary increase in participation from buy-side traders, with their ADV soaring by approximately 60% YOY. The growth in buy-side engagement outpaced the overall trading volume, pointing to a robust demand for Trumid's services among asset managers.

The platform also recorded historically high trading activity, particularly in the Trumid Request for Quote (RFQ) tool, achieving new monthly records in both volume and number of trades. Such sustained growth underscores the platform's expanding popularity and effectiveness in meeting the needs of its users.

Details of Trading Growth

A standout feature of May’s performance was the substantial rise in response rates from Trumid’s fully integrated network of dealers and algorithmic liquidity providers. Specifically, Trumid noted an increase of 122% in protocol ADV year-over-year, and the daily average trade count increased by 134%. This spike in activity can be attributed to the improved responsiveness and efficiency of its trading protocols, making it highly attractive for traders.

Moreover, the number of daily trades executed by buy-side traders in the RFQ increased significantly, with nearly 70% more buy-side participants trading daily compared to the previous year. The increased use of RFQ underscores the trust and reliance placed on the Trumid platform by asset managers, highlighting its strategic importance in their trading operations.

Automated Trade Execution

In a bid to enhance trading efficiency, Trumid has continued to assert the value of its automation capabilities. During May, a remarkable 81% of eligible RFQ line items were executed with “no touch” via the Trumid AutoPilot™. This feature allows for real-time execution based on predefined client parameters, streamlining the trading process and enabling clients to capitalize on market opportunities without manual intervention.

The AutoPilot feature is designed for effective execution, ensuring that trades are conducted swiftly and efficiently, thereby maximizing potential returns for clients. This automated workflow reinforces Trumid's commitment to delivering an optimal trading experience.

Conclusion

Trumid has positioned itself as a leader in the financial technology space, particularly in electronic bond trading. By combining cutting-edge technology with a deep understanding of market dynamics, Trumid continues to innovate and cater to the ever-evolving needs of its clients. With ongoing enhancements in engagement and execution efficiency, Trumid shows no signs of slowing down, promising a bright future for its platform and participants alike.

For more information about Trumid and its offerings, visit www.trumid.com.