Trumid Stock
| Valuation | $1.97B1 |
| Valuation Date | Oct 19, 2026 |
| Implied Valuation | $1.97B |
| Last Price | $402.00 |
| 52-Week High | $402.00 |
| 52-Week Low | $402.00 |
| YTD Return | +0.00% |
| 1-Year Return | +0.00% |
| 3-Year Return | n/a |
| Total Funding | $650M2 |
| Latest Round Amount | n/a |
| Latest Round | Acquired |
| Funding Rounds | n/a |
| IPO Status | Unknown |
| Expected IPO Date | n/a |
| Revenue | $150M3 |
| Revenue Type | Run Rate |
| P/S Ratio | 13.1 |
About Trumid
Trumid is a financial technology company that runs an electronic trading platform for U.S. dollar corporate and emerging market bonds. Institutional investors and dealers use it to trade investment-grade, high-yield, distressed and new-issue credit through protocols such as Swarms, Request-for-Quote, Attributed Trading and Portfolio Trading. The platform also includes pricing data, analytics and automation tools. Trumid makes money by charging fees on trades executed on its marketplace. In October 2026, Tradeweb agreed to acquire Trumid for about $1.97 billion, with closing targeted for the first half of 2027.
News
Tradeweb to Buy Trumid For About $1.97 Billion
Tradeweb Markets agreed to buy fixed-income trading platform Trumid, a deal that will mark an expansion into earlier stages of the bond lifecycle.
Tradeweb to Acquire Trumid, Expanding Tradeweb's Credit Capabilities Across the Entire Bond Lifecycle and Further Differentiating its Multi-Asset Class Platform
NEW YORK--(BUSINESS WIRE)--Tradeweb Markets Inc. (Nasdaq: TW) (“Tradeweb” or the “Company”), a global leader in electronic trading facilitating more than $3.0 trillion in value per day across asset cl...
Trumid enters into a definitive agreement to be acquired by Tradeweb
Trumid announced a definitive agreement to be acquired by Tradeweb Markets for about $1.97 billion in cash and equity. Closing is targeted for the first half of 2027, subject to regulatory approvals.
Trumid Reports September and Q3 2026 Trading Highlights
Trumid reported Q3 2026 average daily volume of $9.6 billion, up 38% year over year and more than double estimated TRACE market-wide growth. Combined RFQ and Portfolio Trading ADV rose 47%, while Smar...
Trumid Reports August Trading Highlights
Trumid reported August 2026 average daily volume of about $9 billion, up 47% year over year, with broad growth across portfolio trading, RFQ, and legacy protocols.
Trumid Reports August Trading Highlights
Trumid said August 2026 average daily volume was $9 billion, up 47% year over year, with combined RFQ and portfolio-trading ADV up 50%. The platform said it handled about 50% of secondary activity in ...
Trumid and DirectBooks Announce Collaboration
Trumid announced a connectivity partnership with DirectBooks to bring primary-issuance information, indications of interest and allocation messages into the Trumid application. The firms said shared c...
Trumid Extends Q2 Momentum into July
Trumid reported July 2026 average daily volume of $9.9 billion, up 57% year over year, and said overall platform market share rose 28%. Combined RFQ and portfolio-trading ADV increased 42% year over y...
TS Imagine Expands Integration with Trumid’s Fixed-Income Trading Platform
TS Imagine expanded its workflow integration with Trumid to add RFQ automation via AutoPilot and access to Full Self Trading. The firms first connected in 2020, including Trumid’s Fair Value Model Pri...
Trumid Reports June and Q2 2026 Trading Highlights
Trumid reported Q2 2026 average daily volume of $10.0 billion, up 50% year over year, and said overall platform market share rose 37%. RFQ ADV increased 122% year over year and Smart Voice and Smart S...
Trumid Announces Multi-Year Partnership with BlackRock Aladdin to Further Enhance Access to Corporate Bond Liquidity
Trumid said it entered a multi-year partnership with BlackRock to integrate its credit trading workflows into the Aladdin order execution management system, expanding access to Swarms and RFQ for shar...
Trumid Launches Full Self Trading (FST™), Advancing Cross-Protocol Execution in Credit Trading
Trumid launched Full Self Trading, an automation layer that executes credit trades across Swarms and RFQ within trader-defined limits. Expansion to Attributed Trading is planned for the second half of...
Trumid Expands AI Push with Launch of Trumid Smart Voice™
Trumid launched Smart Voice, an AI tool that turns unstructured trading conversations into pre-filled tickets, plus Smart Swap for swap trades. The firm said the tools had processed more than $56 bill...
Trumid Opens 2026 With Record Market Share, Volume, and Engagement
Trumid said January 2026 average daily volume reached $9.9 billion, up 44% year over year, with record platform market share and engagement across RFQ, portfolio trading, and Swarms.
Trumid Reports December and Full Year 2025 Trading Highlights
Trumid said a record $1.7 trillion traded on the platform in 2025, with full-year average daily volume of $7 billion, up 24% year over year. Combined RFQ and portfolio-trading volumes rose 85% and the...
Trumid Reports December and Full Year 2024 Trading Highlights
Trumid said $1.4 trillion traded on the platform in 2024, up 62% year over year, with more than 16,000 unique bonds and 2,200 traders. The company also said it launched AutoPilot for RFQ and PT Pricer...
Trumid, Tradewell Technologies Announce Integration of Trumid Fixed-Income Trading Protocols
Trumid and Tradewell integrated Trumid RFQ and Swarms into Tradewell's institutional corporate-bond trading software, giving Tradewell users access to Trumid's liquidity pools.
Trumid Reports May Performance
Trumid reported May 2024 average daily volume of $5.2 billion, up 57% year over year. The company said it rolled out AutoPilot for RFQ and launched PT Pricer during the month.
Trumid named to Forbes Fintech 50 list for the 7th time
Trumid republished its Forbes Fintech 50 profile, which listed $650 million of funding and a $2.4 billion valuation dated October 2021. The write-up described the firm as a corporate debt trading plat...
SS&C Collaborates with Trumid to Expand Access to Corporate Bond Liquidity
WINDSOR, Conn. , Sept. 15, 2022 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced a new collaboration with Trumid, a financial technology company and fixed income electro...
Trumid Announces New Financing
Trumid completed a $208 million financing led by Point Break Capital Management, with Motive Partners as a significant investor. Existing backers including Dragoneer, TPG, DST Global, SGX, BlackRock a...
Financial Times: Bond platform Trumid raises $208m as Wall Street bets on electronic trading
The Financial Times reported that Trumid’s $208 million raise valued the company at about $2.4 billion. Point Break Capital Management led the round with Motive Partners and other Wall Street investor...
Trumid Announces New Financing Round
Trumid completed a $50 million financing co-led by DST Global and Dragoneer at a premium to its August 2020 round. Proceeds were used to repurchase shares from existing shareholders.
Trumid Announces New Growth Investment to Support Rapid Expansion
Trumid completed a $200 million growth investment led by Dragoneer Investment Group. TPG and funds and accounts managed by BlackRock and T. Rowe Price joined as new investors.
Bond Platform Trumid Tops $1 Billion Valuation in Funding Round
Bloomberg reported that Dragoneer led a $200 million round for Trumid that more than doubled the company’s valuation to over $1 billion. TPG, BlackRock and T. Rowe Price participated.