Trumid Reports July Performance

August 7, 2025 8:00 AM EDT

Trumid reports record volume and trade count in Trumid RFQ and Trumid AutoPilot™ for RFQ

NEW YORK, Aug. 7, 2025 /PRNewswire/ -- Trumid, a financial technology company and leading fixed income electronic trading platform, today announced trade volume and user participation highlights for July 2025.

Trumid’s list protocols remained key growth drivers, with combined July ADV up 75% year-over-year.

July Highlights:

Trumid's monthly market outperformance in 2025 carried into July, driven by deeper protocol adoption, particularly in Trumid RFQ and Trumid Portfolio Trading (PT), and sustained buy-side engagement.

  • Reported Average Daily Volume (ADV) of $6.3B, up 22% year-over-year.
  • Overall market share rose 9% month-over-month across U.S. Investment Grade and High Yield corporate bonds.
  • Trumid's list protocols remained key growth drivers, with combined ADV up 75% year-over-year. 51% more buy-side traders executed daily across Trumid RFQ and PT compared to July 2024.
    • Trumid RFQ delivered a record month in both traded volume and trade count. July also marked the second consecutive month with $1 billion+ traded at month-end, demonstrating deepening penetration of clients' essential workflows.
      • Robust participation from Trumid's fully integrated RFQ responder network, including major dealers, dealer algos, buy-side, and systematic liquidity providers, drove ADV up nearly threefold year-over-year and 30% month-over-month. Algos now account for approximately 80% of executed inquiries within Trumid RFQ, underscoring their growing role as a dominant liquidity source.
      • Trumid AutoPilot™ for RFQ hit new highs in volume and trade count. A record 86% of eligible RFQ line items were auto executed via Trumid AutoPilot, which supports mixed lists of up to 500 line items.
    • Trumid PT saw ongoing client adoption, with a record number of lists traded in July. The daily average number of users utilizing Trumid's PT workflow has grown by more than a third year-over-year. In just two years since launch, Trumid PT has captured an estimated 20% of the electronic PT market share.
  • Over 10,000 unique bonds traded on Trumid for the seventh consecutive month, and more than 1,400 traders executed on the platform for the third straight month.

Trumid press
+1 (212) 618-0300
[email protected]

About Trumid
Trumid is a financial technology company and fixed income electronic trading platform focused on US dollar-denominated Investment Grade, High Yield, Distressed, and Emerging Market bonds. Trumid optimizes the credit trading experience by combining agile technology and market expertise, with a focus on product design. The result is a differentiated ecosystem of protocols and trading solutions delivered within one intuitive platform. Learn more at www.trumid.com.

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SOURCE Trumid



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