New York, June 6, 2025 – Trumid, a financial technology company and leading fixed income electronic trading platform, today announced trade volume and user participation highlights for May 2025.
May Highlights:
May marked another strong month of growth and deepening platform engagement, with record traded volume in Trumid RFQ and accelerating buy-side adoption across Trumid’s list trading protocols.
- Reported Average Daily Volume (ADV) of $6.8B, up 30% year-over-year.
- A record number of buy-side traders traded daily on Trumid in May, with asset manager ADV up around 60% year-over-year, outpacing growth in overall Trumid volume.
- Trumid RFQ set another monthly record for volume and trade count, extending its 2025 streak of consecutive month-over-month growth.
- High response rates from Trumid’s fully integrated RFQ responder network of major dealers and leading algorithmic liquidity providers drove protocol ADV and daily average trade count up 122% and 134% year-over-year, respectively.
- Around 70% more buy-side traders executed trades daily in Trumid RFQ compared to a year ago, with asset managers initiating a record number of lists during the month.
- Trumid’s automated workflow and trade automation tools continued to deliver value for clients. 81% of eligible RFQ line items executed “no touch” via Trumid AutoPilot™ for RFQ in May. Designed for efficient execution, Trumid AutoPilot leverages real-time, client-defined parameters to allow the platform to seamlessly execute trades on their behalf.
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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.