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Tradeweb to acquire Trumid for $1.97 billion

PUBLIC · TWOct 19, 2026

Acquiring Company

Tradeweb

Acquired Company

Trumid

New YorkNew YorkFinancial ServicesRetailAnalyticsAnalytics

Description

Tradeweb Markets Inc. has announced its agreement to acquire Trumid Holdings, LLC for approximately $1.97 billion. This acquisition aims to enhance Tradeweb's credit capabilities throughout the bond lifecycle. The deal is expected to further differentiate Tradeweb's multi-asset class platform. The purchase price is subject to customary adjustments.

Company Information

Company

Tradeweb

Location

1177 Avenue of the Americas

New York, New York, United States

About

Tradeweb Markets Inc. (Nasdaq: TW) is a leading, global operator of electronic marketplaces for rates, credit, equities and money markets. Founded in 1996, Tradeweb provides access to markets, data and analytics, electronic trading, straight-through-processing and reporting for more than 50 products to clients in the institutional, wholesale, retail and corporates markets. Advanced technologies developed by Tradeweb enhance price discovery, order execution and trade workflows while allowing for greater scale and helping to reduce risks in client trading operations. Tradeweb serves more than 3,000 clients in more than 85 countries. On average, Tradeweb facilitated more than $2.4 trillion in notional value traded per day over the past four fiscal quarters.

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Frequently asked

Who acquired Trumid?

Trumid was acquired by Tradeweb, based in New York. The deal was reported on October 19, 2026. Tradeweb Markets Inc. (Nasdaq: TW) is a leading, global operator of electronic marketplaces for rates, credit, equities and money markets. Tradeweb is publicly traded (TW) and operates in Financial Services.

When did Tradeweb acquire Trumid?

Tradeweb's acquisition of Trumid was reported on October 19, 2026. Tradeweb Markets Inc. has announced its agreement to acquire Trumid Holdings, LLC for approximately $1.97 billion. This acquisition aims to enhance Tradeweb's credit capabilities throughout the bond lifecycle. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Trumid do?

Trumid is a financial technology company and fixed income electronic trading platform focused on US dollar-denominated Investment Grade, High Yield, Distressed, and Emerging Market bonds. It is privately held, operating in Analytics, and is based in New York.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.