#United States #New York #Financial Technology #Trumid #electronic trading

Trumid Reports Record Performance in July 2025

In a remarkable turn of events, Trumid—an innovative financial technology firm specializing in electronic trading—celebrated unprecedented trade volumes and user engagement throughout July 2025. With advancements in their trading protocols, Trumid has established itself as a powerhouse in the fixed income trading landscape.

Key Achievements of July 2025

Trumid reported a substantial increase in its Average Daily Volume (ADV), which reached an impressive $6.3 billion, signifying a 22% rise compared to the previous year. This added to Trumid’s sustained market momentum, with a 9% increase in market share month-over-month across U.S. Investment Grade and High Yield corporate bonds. The company attributed this success to the evolving needs of its clientele that prompted a seamless adoption of its list protocols.

A major contributor to this performance was the Trumid RFQ platform, which celebrated record-breaking figures in both trade volume and count for the month. The platform not only surpassed a $1 billion trade volume threshold by month-end for the second consecutive time, but it also demonstrated extensive client integration within essential workflows.

Protocol Growth and User Engagement

Trumid’s innovative approach to trading is evidenced by their unique adoption of new protocols, with the combined ADV launching up an impressive 75% year-over-year. This growth was driven by increased engagement in Trumid RFQ and Trumid Portfolio Trading (PT), evidencing the robust interest of buy-side traders. Notably, 51% more buy-side traders utilized RFQ and PT platforms compared to July of the previous year, reflecting Trumid's rising significance in an evolving market landscape.

In the realm of technology integration, Trumid showcased exceptional performance metrics through its fully integrated RFQ responder network. This network features major dealers, dealer algorithms, and systematic liquidity providers, resulting in a staggering 30% month-over-month ADV increase and an almost threefold performance growth year-over-year. Furthermore, algorithms constituted about 80% of executed inquiries, highlighting their critical role in providing liquidity.

Noteworthy Contributions from Trumid AutoPilot™ and Portfolio Trading

A standout success was registered by the Trumid AutoPilot™ for RFQ, which hit new highs, with 86% of eligible RFQ line items executed automatically, signifying a major leap in operational efficiency. This feature accommodates mixed lists comprising up to 500 line items, showcasing Trumid’s commitment to enhancing user experience while optimizing trading processes.

Concurrent with the burgeoning success of AutoPilot, Trumid PT saw organic growth, attracting record numbers of trades this July. The daily average of users engaging with Trumid PT grew by over a third year-over-year, giving the platform an estimated 20% share of the electronic PT market within just two years of its launch.

Additionally, Trumid witnessed significant trading activity with over 10,000 unique bonds traded consistently for the seventh straight month and more than 1,400 traders executing on the platform for the third consecutive month.

Conclusion: A Promising Future for Trumid

As Trumid continues to harness technological advancements and deepen client engagement, the future looks promising. Their focus on combining agile technologies with market expertise not only enhances the credit trading experience but also positions the firm to adapt to the evolving landscape of financial trading. The strong performance in July 2025 is a testament to Trumid's innovative spirit and commitment to delivering breakthrough solutions in the financial technology space. With consistent growth, increased user adoption, and a robust product offering, Trumid retains its advantageous position in the market, paving the way for a thriving future in fixed income trading.