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Tradeweb to acquire Trumid for $2B

PUBLIC · TWOct 21, 2026

Acquiring Company

Tradeweb

Acquired Company

Trumid

New YorkNew YorkFinancial ServicesRetailAnalyticsAnalytics

Description

Tradeweb plans to acquire trading platform Trumid for nearly $2 billion. The deal is presented as part of broader market consolidation, with companies using acquisitions to compete and scale. Tradeweb CEO Billy Hult said the combination will accelerate innovation and broaden client solutions. The acquisition follows ICE's agreement to acquire MarketAxess about three months earlier.

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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 21, 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 21, 2026. Tradeweb plans to acquire trading platform Trumid for nearly $2 billion. The deal is presented as part of broader market consolidation, with companies using acquisitions to compete and scale. 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.

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