Trumid, the financial technology provider and top-tier electronic marketplace for fixed-income securities, has released its February 2026 performance metrics, showcasing growth in trading activity and participation levels. The month was seemingly quite significant for the platform, extending the momentum from January’s strong start in both primary and secondary credit markets.
Heightened adoption of Trumid’s list-based trading tools alongside its established protocols propelled overall volumes, market penetration, and user involvement to fresh peaks.
Trumid achieved an average daily volume (ADV) of $10.2 billion in February, marking the first time the platform surpassed the $10 billion threshold.
This represented a robust 37% increase compared to the same period last year, significantly exceeding the broader market’s TRACE-reported expansion of 21%.
The surge underscores Trumid’s ability to capture a larger slice of industry activity amid favorable conditions.
Platform-wide market share climbed to an unprecedented high, rising 13% year-over-year.
In the critical U.S. Investment Grade segment, Trumid maintained its leading position with record penetration that improved 23% from the prior year.
Daily trader participation reached all-time highs, with more traders actively executing deals than ever before.
For the third straight month, the platform facilitated transactions in over 11,000 distinct bonds, reflecting broad and diverse engagement across its user base.
List trading emerged as a major catalyst for expansion.
The combined volume from Trumid’s request-for-quote (RFQ) and portfolio trading (PT) offerings surged 90% year-over-year.
Meanwhile, the platform’s traditional protocols — including Swarms and attributed trading (AT) — delivered solid gains, with their combined ADV advancing 27%.
This balanced performance highlights the resilience and appeal of Trumid’s comprehensive multi-protocol environment, which seamlessly integrates modern and legacy approaches to meet varied client needs.
RFQ trading, in particular, shattered previous records, with traded volumes jumping 148% year-over-year to post a new peak ADV of $1.6 billion.
Strong involvement from both buy-side and sell-side participants fueled this momentum.
Asset managers showed increased appetite for substantial block liquidity, as inquiries of $5 million or more accounted for their largest-ever portion of total request volume — a 42% year-over-year rise.
New bond issuance reached historic levels industry-wide, and Trumid capitalized effectively, capturing an average of 47% of all secondary market activity in the first two days following issuance.
This secondary liquidity provision further solidifies the platform’s role as a vital venue for efficient credit trading.
These accomplishments reflect Trumid’s ongoing commitment to blending technology with deep market insight.
By prioritizing user-friendly design and flexible solutions, the company continues to enhance the credit trading landscape for participants ranging from asset managers to banks and hedge funds.
Trumid specializes in electronic trading of U.S. dollar-denominated investment-grade, high-yield, distressed, and emerging-market bonds. Its integrated ecosystem of protocols and tools delivers an optimized experience tailored to the evolving demands of fixed-income professionals.