Trumid Financial Analysis: $733M Raised
What is Trumid Financial?
Top U.S. fixed income trading platform with 1,000+ institutions
Product Features & Capabilities
- Portfolio Trading
- Attributed Trading
- RFQ
- Swarms
- Data & Analytics
How much Trumid Financial raised
Funding Round - $733M
RecentOther Considerations
Serves 1,000+ institutions; 1,400+ traders monthly; 62% YoY trading volume growth; 34% YoY market share growth; Named to Forbes Fintech 50 list eight times
Competitors
The main competitors of Trumid in the fintech space, particularly in the fixed income trading sector, include:
1. Liquidnet
2. MarketAxess
3. Tradeweb
4. Dataminr
5. CloudMargin
6. Capitolis
7. NYSHEX
8. Bloomberg LP
9. YCharts
1. Liquidnet
2. MarketAxess
3. Tradeweb
4. Dataminr
5. CloudMargin
6. Capitolis
7. NYSHEX
8. Bloomberg LP
9. YCharts
Recent News
- Enhanced FVMP™ Predictive Pricing Model - Trumid announced an enhancement to its Fair Value Model Price (FVMP) for bonds, which aims to improve predictive pricing for approximately 22,000 US corporate bonds.
- Investment from Deutsche Börse - Deutsche Börse has invested $10 million in Trumid, further solidifying its position in the fintech space focused on electronic trading for corporate bonds.
- February Performance Report - Trumid released its performance metrics for February, detailing trade volume and user engagement, which was also covered by PR Newswire.
