Trumid provides a purpose-built electronic trading platform for the corporate credit ecosystem, designed to modernize traditional voice-driven workflows while preserving relationship-driven liquidity. The platform aggregates deep, diverse liquidity from buy-side and sell-side institutions and supports dollar-denominated investment grade, high yield, distressed, emerging market, and new-issue trading. Traders can switch between multiple established execution protocols to match disclosure and execution preferences, access pre-trade pricing and market data, and use post-trade analytics to assess execution quality. Trumid also embeds automation for corporate bond spotting and hedging to reduce operational cost and interest-rate exposure, and offers a client support function to assist with onboarding and workflow optimization. The platform emphasizes electronic, time-bound, and anonymous or attributed trading workflows that improve efficiency and transparency across institutional credit trading.

By combining protocol flexibility, integrated analytics, and automated rates management, the platform addresses common dealer-client frictions—speed of execution, fragmented liquidity, rate risk management, and post-trade reconciliation—enabling institutions to optimize execution strategy, benchmark dealers, and realize platform-wide cost savings.

Features & Benefits

• Trading Protocols: Four distinct execution protocols enable different disclosure, anonymity, and liquidity concentration styles to suit varied trading strategies.
• Portfolio Trading & PT Pricer™: Basket trading workflow that solicits multiple quotes within a timeframe and includes a daily-used pricer for pre-trade cost assessment and dealer benchmarking.
• Request-for-Quote (RFQ) & AutoPilot™: RFQ supports single bonds and lists with disclosed, anonymous, and partial workflows; AutoPilot™ processes mixed lists at scale to streamline large RFQ sessions.
• Integrated Data & Analytics: Platform-integrated analytics provide a panoramic view of the credit market to inform execution decisions across pre-trade, trade, and post-trade workflows.
• Rates Automation & Trumid Rates Trader: Automated corporate bond spotting and hedging tools resolve interest-rate risk imbalances and execute U.S. Treasuries with liquidity providers to reduce platform-wide cost.
• Deep, Diverse Liquidity Network: Access to a growing network of buy-side, sell-side, hedge funds, and alternative liquidity providers to source corporate bond liquidity across market segments.
• Dedicated Service & Support: Client support and professional services assist with onboarding, tailored solutions, and ongoing workflow enhancements to optimize platform use.