New York, December 5, 2025 – Trumid, a financial technology company and leading fixed income electronic trading platform, today announced trade volume and user participation highlights for November 2025.
November Highlights:
Trumid sustained its platform momentum in November, with strong and consistent client engagement extending the firm’s 2025 market share gains and Average Daily Volume (ADV) holding near record levels.
- Trumid reported ADV of $8B, up 32% year-over-year, outpacing 22% growth in TRACE™ reported market-wide volumes during the same period.
- Overall platform market share increased 9% year-over-year across U.S. High Yield and Investment Grade corporate bonds.
- List activity remained a key growth driver, with combined list-based protocol volumes doubling year-over-year and the number of traders executing in Trumid RFQ and Trumid PT reaching record levels.
- Trumid RFQ set new highs in traded volume and participation.
- Monthly ADV surpassed $1B, up 176% year-over-year and 30% month-over-month, reflecting deepening client trust and adoption.
- Demand for block-sized liquidity also strengthened, with asset manager inquiries of $5 million and above up 67% year-over-year, reaching their highest proportion of total inquiries.
- Trumid’s automated RFQ workflow continued to deliver value for clients with 88% of eligible RFQ line items executing fully “no touch,” via Trumid AutoPilot™ for RFQ.
- Monthly ADV surpassed $1B, up 176% year-over-year and 30% month-over-month, reflecting deepening client trust and adoption.
- Trumid RFQ set new highs in traded volume and participation.
- U.S High Yield remained an area of network strength. High Yield ADV rose 38% year-over-year, supported by elevated Trumid PT and Trumid Swarms activity. A record number of clients transacted a High Yield PT on Trumid each day in November. Buy-side High Yield engagement in Swarms was up 49% year-over-year.
- Trumid’s growing institutional client network now includes around 1,000 buy-and sell-side institutions.
Trumid press
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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.