Company

Trading is harder than it should be.Technology can make it easier.

Our mission is to make bond trading easier by supporting a network of all credit market participants and providing a set of tools to access that network.

Information security is a concern for all market participants.

Data drives a powerful network and must be secure. On Trumid, information works for each user, never against.

Traders are short of time and inundated with information.

Trumid's protocols are designed so that users are only notified about things they care about - such as for Swarms that concentrate liquidity to make trades happen.

User Experience is often overlooked in financial services applications.

Trumid's application is customizable and integrates seamlessly within our users' current workflow.

Explore our Timeline

High Touch High Tech
  • 1980's - Present

    1980's - Present

    Traditional Voice Trading in Corporate Bonds

  • June 14, 2014

    Trumid is founded

    with goal of creating an all-to-all electronic credit trading platform

  • Summer 2014

    Summer 2014

    Trumid's early hires collaborate internally and with clients on early platform design

  • October 2014

    Trumid begins marketing Minimum Viable Product

  • February 18, 2015

    Trumid closes first capital raise to allow for further growth and to invest in technology expansion

  • April 29, 2015

    April 29, 2015

    Trumid platform goes live

    for high yield and distressed corporate bonds in the US with 63 institutional clients in its network and executes its first trades

  • Operates, Learns, Gathers Feedback. Improves, Innovates

  • September 9, 2015

    Platform expands to include investment grade bonds

  • October 2015

    Network of onboarded institutions surpasses the 200 mark

  • Trumid secures additional funding from experienced and highly regarded investment partners

  • December 2015

    Finalizes new protocols e.g. "Swarm on Demand"

  • December 15, 2015

    Partners with professional UX team to incorporate modern day techniques in new platform development

    Interface for swarms
  • December 31, 2015

    Electronic trading of corporate bonds grows by 25% in the US

    *According to Greenwich Associates

  • Trumid finishes the year with 38 full-time employees

  • February 2016

    Network continues to grow - 500 institutions onboarded or in process

  • March 2016

    Trumid begins marketing new platform

  • May 2016

    May 2016

    Launch of Trumid Market Center

  • Future Expansion

    New Technology

    Mobile & Others

    New Geographies

    Europe & Asia

    New Products

    CDS & Emerging Markets