22% YoY ADV growth driven by record overall market share, RFQ highs, and expanding PT adoption
NEW YORK, Sept. 8, 2025 /PRNewswire/ -- Trumid, a financial technology company and leading fixed income electronic trading platform, today announced trade volume and user participation highlights for August 2025.
August Highlights:
August was another notable month for Trumid, with deepening client engagement accelerating 2025 market share gains. The platform achieved strong performance across several key metrics, highlighted by record market share, even as overall market-wide volumes were muted.
- Trumid reported Average Daily Volume (ADV) of $6.1B, up 22% year-over-year. By comparison, TRACE™ market-wide volumes were essentially flat year-over-year and at their lowest levels of 2025.
- Record overall platform market share, up 22% year-over-year.
- Record U.S. Investment Grade market share, up 29% year-over-year and 13% month-over-month.
- Increased client activity supported continued strength in Trumid RFQ and Trumid PT, with combined ADV up 78% year-over-year.
- Trumid RFQ delivered another milestone month in volume, with the highest frequency of $1 billion+ volume days to date, reinforcing client trust and adoption. Asset manager engagement drove growth with 50% more traders executing daily in Trumid RFQ compared to last year, alongside a record number of lists initiated during the month.
- Trumid AutoPilot™ for RFQ delivered efficiency at scale. In August, 85% of eligible RFQ line items executed fully "no touch," reflecting the value of automation on Trumid. AutoPilot supports mixed lists of up to 500 line items and automates the RFQ process so clients can focus on high-value opportunities.
- Trumid PT momentum remained robust, with 40% more traders executing daily in the protocol year-over-year. An estimated 21% of the PT electronic market share traded on Trumid in August, despite slower market-wide PT volumes.
- Trumid continued to innovate in August, enhancing its trading platform and pricing solutions with new client-driven features. Highlights included the Trumid FVMP™ Excel Add-In, which integrates FVMP pricing and liquidity data directly into clients' existing workflows for real-time market data analysis, and Dealer Collapses, which expands Trumid PT's capabilities by enabling dealers to initiate portfolio trading sessions with full negotiation capabilities directly with client counterparties.
- Trumid RFQ delivered another milestone month in volume, with the highest frequency of $1 billion+ volume days to date, reinforcing client trust and adoption. Asset manager engagement drove growth with 50% more traders executing daily in Trumid RFQ compared to last year, alongside a record number of lists initiated during the month.
- Trumid's institutional client network expanded to more than 960 buy- and sell-side firms.
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.
SOURCE Trumid

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

Newsrooms &
Influencers

Digital Media
Outlets

Journalists
Opted In
Share this article