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
Git
Data Analysis
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
  • 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
  • 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
Responsibilities
  • Are you a self-starter who is a quick learner with an ability to prioritize and adapt all while being creative and proactive?
  • Do you have excellent communication skills and a desire to share insights and teach and learn from others?
  • Do you enjoy working in a team environment and producing results?
  • Do you have a passion for learning and are super curious about technology and its ability to impact global markets?

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 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 aims to enhance market efficiency and has experienced significant growth, with a notable increase in user trading and trade volumes.

Company Stage

Growth Equity (Venture Capital)

Total Funding

$645.2M

Headquarters

New York City, New York

Founded

2014

Growth & Insights
Headcount

6 month growth

9%

1 year growth

11%

2 year growth

26%
Simplify Jobs

Simplify's Take

What believers are saying

  • Trumid's daily trading volume increased by 79% in Q1 2024.
  • The platform's user base grew by 51% year-over-year in March 2024.
  • Trumid's new data product offers an additional revenue stream.

What critics are saying

  • Increased competition from platforms like MarketAxess and Tradeweb.
  • Potential regulatory scrutiny from SEC and FINRA on electronic trading.
  • Cybersecurity threats pose risks to data integrity and client trust.

What makes Trumid unique

  • Trumid's Market Center 2.0 offers anonymous, direct corporate bond trading.
  • The platform's new data product provides valuable market insights and analytics.
  • Trumid's focus on product design enhances user experience and market efficiency.

Help us improve and share your feedback! Did you find this helpful?