Trumid Reports September and Q3 2026 Trading Highlights
EmitenTrust.com Quarterly ADV increased 38% year-over-year, outpacing broader credit market growth, as client engagement, list trading, and automated workflows continued to expand
NEW YORK, Oct. 8, 2026 /PRNewswire/ -- Trumid, a financial technology company and leading fixed income electronic trading platform, today announced trade volume and user participation highlights for September and Q3 2026.
Mike Sobel, Co-CEO and President of Trumid, said:
"Q3 was another strong quarter for Trumid, with record market share, deeper multi-protocol adoption, and continued growth across both established and newer workflows.
Client engagement remained strong through the summer and increased as market activity picked up in September, including a very active primary market in the final weeks of the quarter. Trumid recorded its third consecutive quarter of record overall market share, with gains across all business lines, while continuing to play a leading role in new issue trading. The results reflect the value clients are finding across the platform, from workflows already embedded in how they trade to new capabilities we've developed in close collaboration with them.
Our focus remains on delivering what clients expect from Trumid: innovative electronic trading solutions, agile technology, and the reliability, expertise, and service that have earned their trust."
Q3 2026 Highlights:
- Trumid reported Average Daily Volume (ADV) of $9.6B, up 38% year-over-year and more than double the estimated 16% growth in TRACE™ reported market-wide volume over the same period.
- 60% of all users who traded on Trumid executed across two or more protocols, demonstrating the value of Trumid's integrated electronic trading ecosystem.
- Combined ADV across Trumid RFQ and Trumid Portfolio Trading (PT) increased 47% year-over-year, while Trumid Swarms and Attributed Trading also grew 36%.
- Growing momentum in automation and AI-powered trading workflows:
- Trumid Smart Voice™ recorded its highest adoption since inception, driven by increased use across both buy-side traders and dealer sales and traders. Together, Smart Voice and Trumid Smart Swap™ have processed more than $170 billion in traded volume year-to-date and eliminated an estimated 240,000 manual clicks.
- Trumid Full Self Trading (FST™), the firm's automation-driven trading agent built for cross-protocol execution, continued to see growing adoption. FST is being used across a range of trading scenarios, including block and grey market trading, with approximately one in three FST orders in new issues.
- Trumid Smart Voice™ recorded its highest adoption since inception, driven by increased use across both buy-side traders and dealer sales and traders. Together, Smart Voice and Trumid Smart Swap™ have processed more than $170 billion in traded volume year-to-date and eliminated an estimated 240,000 manual clicks.
September 2026 Highlights:
- Trumid reported ADV of $9.9B, up 17% year-over-year and more than double the pace of the broader TRACE™ market (up an estimated 8%) over the same period.
- Combined ADV across Trumid RFQ and Trumid PT up 49% year-over-year.
- Trumid closed the quarter with record client engagement, including new highs for PT lists traded and clients transacting on the platform. Clients also continued to turn to Trumid's established workflows in some of the market's most active names, with the platform capturing more than 60% of new issue secondary trading on the final day of the quarter, including outsized share in one of the year's largest new issues.
Trumid press
+1 (212) 618-0300
press@trumid.com
About Trumid
Trumid is a financial technology company and leading 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.
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SOURCE Trumid