Trumid Trading Volume Surges as Platform Captures Market Share

The New York-based firm’s performance highlights a broader shift toward its integrated, multi-protocol ecosystem. According to company data, overall market share climbed 28% compared to the same period last year. This growth is largely anchored by the accelerated adoption of Portfolio Trading and RFQ tools, which saw a combined 42% increase in average daily volume. Participation in these segments reached record highs, with 40% more traders active on the RFQ platform daily.

Co-CEO and President Mike Sobel attributed the results to a focus on liquidity and agile technology. Beyond standard trading, the platform maintained its dominance in new issue liquidity, capturing 50% of secondary market activity within the first two days of issuance. The firm's automated execution tool, Full Self Trading, also gained traction, accounting for one-third of all new issue orders during the second quarter of 2026.