Trumid Financial, LLC

Trumid is a financial technology company that operates an electronic trading platform for corporate bonds, aiming to transform and optimize credit trading through technology, design, and user experience. Founded in 2014 by former traders and fixed income market experts, the company's mission is to advance the traditionally voice-based credit market through digital innovation. Trumid's headquarters are located in New York, NY, United States.

The company provides a comprehensive ecosystem of trading protocols and solutions for institutional clients, including buy-side and sell-side institutions, asset managers, hedge funds, and dealers. Its platform facilitates trading in US dollar-denominated Investment Grade, High Yield, Distressed, and Emerging Market bonds. Key offerings include various trading protocols such as Swarms, Attributed Trading, Request-for-Quote (RFQ), and Portfolio Trading, alongside integrated data and analytics tools, and its proprietary Fair Value Model Price (FVMP™) for real-time predictive bond pricing.

Led by Co-CEOs Ronnie Mateo (Founder) and Mike Sobel, Trumid maintains a strong market position as a premier electronic trading platform in the fixed income space. Recent notable developments include the launch of Trumid Smart Voice™, an AI-powered capability that converts client conversations into trade tickets, and Full Self Trading (FST™) in early 2026, advancing cross-protocol execution. The company has consistently reported record Average Daily Volume (ADV) and market share, significantly outpacing the broader credit market.