Internship

Trumid 2025 Summer Internship Program

Confirmed live in the last 24 hours

Trumid

Trumid

51-200 employees

Electronic trading platform for corporate bonds

Data & Analytics
Fintech
Financial Services

New York, NY, USA

Flexibility for in-office, hybrid, and fully remote options.

Category
Financial Planning and Analysis (FP&A)
Sales & Trading
Finance & Banking
Required Skills
Excel/Numbers/Sheets
PowerPoint/Keynote/Slides
Requirements
  • Within one year of undergraduate graduation (December 2025 - May 2026 graduation date)
  • Undergraduate degree in Finance, Accounting, Business Administrations, Computer Science, Engineering, Human Computer Interaction or similar degree
  • Excel skills; ability to synthesize large data sets for use in further developing business strategy
  • PowerPoint skills required; must be able to take unorganized and often “raw” business and trend data and information and create succinct, visually appealing decks that tell a strategic story
  • Possess highly quantitative skills – must have a passion for data/technology
Desired Qualifications
  • Demonstrated interest in finance and technology through campus based engineering or business organizations, prior internship in the FinTech space or other technical outlets (github/reddit/discord) is a plus

Trumid Financial LLC specializes in electronic trading of corporate bonds through its platform, Market Center 2.0. This platform connects various credit market participants, allowing them to trade corporate bonds directly and anonymously, which enhances the trading experience. Trumid primarily serves institutional clients like asset managers and hedge funds, providing them with liquidity to buy and sell assets without significantly impacting their prices. Unlike many competitors, Trumid's platform is designed to be user-friendly and efficient, addressing the challenges of a market often lacking in liquidity. The company generates revenue through transaction fees on trades and has introduced a data product that offers market insights, further improving the trading experience. Trumid has experienced significant growth, with a notable increase in daily trading activity and market share, positioning itself as a leader in the digitization of bond trading.

Company Stage

Growth Equity (Venture Capital)

Total Funding

$645.2M

Headquarters

New York City, New York

Founded

2014

Growth & Insights
Headcount

6 month growth

1%

1 year growth

-1%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Trumid's trading volume surged 62% in 2024, indicating strong market adoption.
  • The platform's user base grew by 51% in Q1 2024, boosting engagement.
  • Trumid's expansion into list-based trading protocols drives significant growth.

What critics are saying

  • Increased competition from MarketAxess and Tradeweb may erode Trumid's market share.
  • Potential regulatory changes in the U.S. and Europe could impact operations.
  • Reliance on transaction fees poses a risk if trading volumes decrease.

What makes Trumid unique

  • Trumid's Market Center 2.0 offers direct and anonymous corporate bond trading.
  • The platform's focus on liquidity addresses the 'liquidity parched' market challenge.
  • Trumid's new data product enhances trading experience with valuable market insights.

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Benefits

Remote Work Options

Health Insurance

Dental Insurance

Vision Insurance

Flexible Work Hours