Trumid, a financial technology company and fixed income electronic trading platform, announced trade volume and user participation highlights for July 2025.
According to an announcement from Trumid, here are the July updates:
Trumid’s monthly market steady performance 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 solid month in “both traded volume and trade count. July also marked the second consecutive month with $1 billion+ traded at month-end, demonstrating penetration of clients’ essential workflows.”
Participation from Trumid’s fully integrated “RFQ responder network, including 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 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 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.”
As covered, Trumid is a 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.”
