Trumid Achieves Record Growth in October with Surging Trading Volumes

New updates have been reported about Trumid (PC:TRUMD)

Trumid, a prominent financial technology firm specializing in fixed income electronic trading, has reported significant growth in October 2025, driven by increased activity in its Request for Quote (RFQ) and Portfolio Trading protocols. The company achieved an Average Daily Volume (ADV) of $7.7 billion, marking a 19% year-over-year increase, significantly outpacing the 6% growth in TRACE™ reported market-wide volumes. This surge in trading activity underscores Trumid’s expanding influence in the fixed income market, particularly in the U.S. Investment Grade segment, where market share rose by 20% year-over-year.

October was a landmark month for Trumid, as every trading protocol on the platform surpassed $1 billion in daily volume simultaneously, highlighting the widespread adoption of its multi-protocol ecosystem. The RFQ protocol saw a remarkable increase, with traded volumes and trade counts more than doubling compared to the previous year. This growth was fueled by a 164% rise in the number of initiated lists and a 54% increase in asset manager inquiries for block-sized liquidity. Additionally, Trumid’s AutoPilot™ for RFQ maintained high automation levels, executing 84% of eligible RFQ line items without manual intervention. Trumid’s Swarms feature also played a crucial role in providing liquidity, accounting for nearly 60% of secondary trading in major new issues and setting a new record by executing 52% of all secondary trading within the first two days post-issuance. These developments reflect Trumid’s strategic focus on enhancing market liquidity and post-trade efficiency, positioning the company for continued growth in the fixed income trading landscape.