Forward Future Tools Library
Trumid
Trumid gives institutional credit traders one application for electronic bond execution, liquidity sourcing, real-time pricing, and post-trade analysis across multiple trading protocols.
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›What is Trumid?
Trumid is an electronic trading platform for fixed income markets, with a focus on U.S. dollar-denominated corporate bonds and related credit products. It combines RFQ, portfolio trading, attributed trading, and Trumid Swarms in one application, alongside pre-trade pricing, market data, and post-trade analytics. Its network connects buy-side and sell-side institutions.
›What are the pros and cons of Trumid?
Strengths
Combines several fixed income trading protocols in one application
Connects users to a network of 1,000 buy-side and sell-side institutions
Provides real-time pricing, market data, and post-trade analytics
Covers investment grade, high yield, distressed, emerging market, and new issue markets
Trade-offs
Pricing is custom quote rather than a published self-serve plan
No free plan or free trial is listed
The platform is focused on institutional credit markets and U.S. dollar-denominated products
Its use requires access to a suitable institutional trading operation and counterparty network
›What are Trumid’s key features?
RFQ, portfolio trading, attributed trading, and Trumid Swarms in one application
Real-time pricing and market data for pre-trade decisions
Post-trade analytics
Access to buy-side, sell-side, and alternative liquidity providers
Electronic and automated bond execution
Support for investment grade, high yield, distressed, emerging market, and new issue markets
›What are the best use cases for Trumid?
Source liquidity for U.S. dollar-denominated corporate bonds
Compare and use different execution protocols within one application
Execute RFQs electronically and automate parts of trade execution
Use pre-trade pricing and market data when evaluating bond trades
Review post-trade analytics for credit trading activity
›What is the pricing for Trumid?
Contact Sales
›Who is Trumid best for?
tradersA fit for institutional credit traders who need multiple bond execution protocols and liquidity sources in one application.
portfolio managersPortfolio managers can use its market data, pricing tools, and electronic access to corporate bond liquidity.
fixed income analystsUseful for analysts who need real-time credit market views, pre-trade pricing, and post-trade analytics.
enterpriseLarge banks and asset managers may benefit from its institutional network and automated electronic execution capabilities.
Not for
- Individual investors should skip it because the platform is designed for buy-side and sell-side institutions.
- Teams seeking transparent self-serve software pricing should look elsewhere because commercial terms are custom quoted.
- Traders focused outside U.S. dollar-denominated credit markets may find its stated market coverage too narrow.
