Trumid Reports April Performance

Electronic bond trading platform announces record volume in Trumid RFQ and Trumid PT

NEW YORK, May 7, 2025 /PRNewswire/ -- Trumid, a financial technology company and leading fixed income electronic trading platform, today announced trade volume and user participation highlights for April 2025.

April Highlights:

April marked another month of consistent growth at Trumid, driven by record traded volumes in both Trumid RFQ and Trumid Portfolio Trading (PT). Traders increasingly relied on the platform's embedded analytics and execution tools to manage both daily flow and key month-end activity -- reflecting clients' trust in Trumid as a reliable source of liquidity and a proven technology partner for innovative workflows and automation in challenging market conditions.

    --  Reported Average Daily Volume (ADV) of $7.6B, up 39% year-over-year,
        outperforming TRACE(TM) reported growth of 26% over the same period.
    --  Overall market share grew 11% year-over-year across U.S. Investment
        Grade and High Yield corporate bonds.
    --  Trumid RFQ and PT were significant contributors to year-over-year
        platform growth.
    --  Trumid PT volume and client engagement hit all-time highs. PT ADV rose
        55% month-over-month and more than doubled year-over-year --
        significantly outpacing estimated PT TRACE(TM) ADV, which grew 14% and
        27% over the same periods.
        --  A record number of accounts used Trumid for Portfolio Trading,
            leveraging Trumid PT Pricer(TM) and the platform's high touch
            coverage model to navigate, price, and execute trades.
    --  Trumid RFQ set another monthly volume record, maintaining consecutive
        month-over-month growth year-to-date. ADV was up 128% year-over-year and
        over 50% more clients executed trades daily in the protocol compared to
        a year ago.
        --  Trumid AutoPilot(TM) for RFQ especially proved its value amid
            April's market volatility. Clients relied on its flexible controls
            and unique protective settings, including Confidence Score and
            Change on Day, to safeguard against fast-moving markets.
    --  Following platform optimizations in Q1, Trumid quickly capitalized on
        its investment in tech agility and continuous delivery with the launch
        of enhanced Trumid FVMP(TM) and Trumid Workspaces. The firm is
        leveraging advanced AI and machine-learning to deliver intelligent,
        data-enriched workflows and deepen collaboration with clients.
        --  Trumid's Fair Value Model Price (FVMP(TM)) is a real-time,
            predictive pricing model for U.S. dollar denominated corporate
            bonds, supporting pre-trade analysis, automation, market-making,
            portfolio management, and other functions across the trading
            workflow. Newly enhanced, FVMP predicts prices every 30 seconds for
            approximately 22,000 bonds, using a combination of Trumid's trading
            activity and external data, including TRACE(TM) prints.
        --  Trumid Workspaces, also launched in April, introduces a new level of
            customization for traders and a fresh look to the platform.
            Workspaces allows clients to personalize their interface around
            their workflow, delivering greater clarity, flexibility, and
            control. As trading opportunities grow across Trumid protocols,
            Workspaces helps surface tailored insights and supports more
            informed trading decisions -- all within the same intuitive Trumid
            experience.

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.

© 2025 Trumid Holdings, LLC, and its affiliates. All rights reserved. Trumid Financial, LLC is a broker dealer registered with the U.S. Securities and Exchange Commission ("SEC") and is a member of FINRA and SIPC. Information included in this message does not constitute a trade confirmation or an offer or solicitation of an offer to buy/sell securities or any other products. There is no intention to offer products and services in countries or jurisdictions where such an offer would be unlawful under the relevant domestic law.

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SOURCE Trumid