TS Imagine Deepens Fixed-Income Trading Ties with Trumid
Event summary
- Trumid expanded its integration with TS Imagine, adding access to RFQ automation and Full Self Trading (FST™) capabilities.
- The enhanced workflow includes Trumid's RFQ network, headless RFQ responder/initiator, and API-driven execution.
- Trumid RFQ Average Daily Volume (ADV) surged 122% year-over-year in Q2 2026, with automated trade volumes doubling.
- Trumid Portfolio Trading (PT) volume rose 40% year-over-year, hitting record highs in buy-side participation.
The big picture
The expansion reflects the growing demand for automated, cross-protocol execution in fixed-income markets. As electronic trading volumes surge, platforms like Trumid and partners like TS Imagine are positioning to capture a larger share of institutional workflows. The integration underscores the strategic shift toward seamless connectivity between front-office solutions and liquidity hubs.
What we're watching
- Protocol Adoption
- Whether Trumid can sustain its rapid growth in RFQ and Portfolio Trading volumes as more clients adopt list-based workflows.
- Execution Risk
- The pace at which Trumid expands FST™ to include Attributed Trading, and whether this will further consolidate liquidity within its platform.
- Competitive Dynamics
- How TS Imagine’s deeper integration with Trumid affects its relationships with other fixed-income trading platforms.
Related topics