New York, December 5, 2024 – Trumid, a financial technology company and fixed income electronic trading platform, today announced trade volume and user participation highlights for November 2024.
November Highlights:
- Reported Average Daily Volume (ADV) of $6.1B, up 33% year-over-year.
- Overall market share up 23% year-over-year across U.S. investment grade and high yield corporate bonds.
- Platform participation strengthened across all Trumid trading protocols with Trumid’s newer list-based workflows continuing to capture more trades, active traders, and volume.
- Over 1,000 unique traders have initiated a Trumid RFQ year-to-date, with November setting a new record for executed daily RFQ trades.
- More than 1,500 high yield, investment grade, and emerging market PT lists have traded on Trumid so far this year with consistent month-on-month client engagement.
- Trumid’s extensive and expanding client network now includes 910 buy-and sell-side institutions.
Trumid press
press@trumid.com
+1 (212) 618-0300
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.