Key facts
- Trumid reported record Average Daily Volume (ADV) in May.
- ADV increased 53% year-over-year.
- Trumid's ADV growth rate was more than double the market-wide growth reported by TRACE.
- Multi-protocol adoption on the platform reached new highs.
Trumid, a financial technology company and leading fixed income electronic trading platform, reported a record Average Daily Volume (ADV) in May. The platform's ADV saw a significant increase of 53% compared to the previous year. Notably, Trumid's ADV growth rate outpaced the market-wide growth reported by TRACE, more than doubling its rate. The company also highlighted that its multi-protocol adoption reached new highs during the month.