Tradeweb Markets Stock Price, News & Analysis

Tradeweb (Nasdaq: TW) reported November 2025 total trading volume of $56.8 trillion and average daily volume (ADV) of $2.9 trillion, up 22.3% YoY. Key monthly records included European government bond ADV of $70.7bn (+33.1% YoY), mortgage ADV of $277.2bn (+20.2% YoY), swaps/swaptions ≥1-year ADV of $495.7bn (+16.4% YoY) and total rates derivatives ADV of $1.1tn (+41.5% YoY).

Other highlights: repo ADV of $828.4bn (+17.9% YoY), U.S. ETF ADV of $11.3bn (+32.2% YoY), credit derivatives ADV of $19.8bn (+46.5% YoY), and fully electronic U.S. credit ADV of $8.5bn (+13.9% YoY). The company cited increased client adoption and elevated market volatility as drivers.

ION announced that its Fidessa trading platform now supports ETF Request for Quote (RFQ) functionality via an integration with Tradeweb (Dec 3, 2025). The integration lets mutual Tradeweb and Fidessa customers access Tradeweb's ETF RFQ workflow inside their existing Fidessa environment, linking Fidessa screens to Tradeweb's automated RFQ, pricing and straight-through processing tools.

Key benefits highlighted include increased automation and efficiency, access to a wider pool of global liquidity providers, improved trade lifecycle automation from execution to settlement, and a transparent auditable trail to support best-execution compliance.

Tradeweb (Nasdaq: TW) will present at the Goldman Sachs 2025 U.S. Financial Services Conference. CEO Billy Hult is scheduled for a fireside chat on Wednesday, December 10, 2025 at 10:40 AM EST. A live webcast will be available at https://investors.tradeweb.com/events-and-presentations. A replay will be accessible at the same site for approximately 180 days after the event.

Tradeweb (Nasdaq: TW) reported October 2025 total trading volume of $65.4 trillion and average daily volume (ADV) of $2.8 trillion, a 20.7% YoY increase in ADV. Key drivers included rates derivatives ADV +44.7% YoY to $1.1tn, swaps/swaptions ≥1-year ADV +20.3% YoY to $501.1bn, and elevated compression activity (+39% YoY). Other notable moves: U.S. government bond ADV $229.4bn (+4.0% YoY), European government bond ADV $63.2bn (+18.2% YoY), U.S. ETF ADV $9.9bn (+51.2% YoY), and credit derivatives ADV $21.4bn (+57.2% YoY). The report cites increased client adoption across protocols, stronger institutional activity, and elevated market volatility as supporting factors.

Tradeweb (NYSE:TW) and Chainlink announced that Tradeweb FTSE U.S. Treasury Benchmark Closing Prices will be published on-chain via Chainlink DataLink on November 4, 2025.

The move aims to provide institutional clients with 24/7 access to high-quality U.S. Treasury benchmark prices (notes, bonds, bills, strips, TIPS) captured at 3:00 PM and 4:00 PM New York time. The benchmarks are registered under EU and UK Benchmark Regulation (BMR) and serve as official closing prices for FTSE’s World Government Bond Index.

DataLink is presented as a turnkey service to publish institutional-grade market data on 60+ blockchains, and Tradeweb becomes the first DataLink publisher, joining 2,000+ on-chain apps in the Chainlink ecosystem.

Tradeweb (Nasdaq: TW) appointed Sandra “Sandee” Buchanan as Chief People Officer and member of the Executive Committee, effective November 3, 2025. Buchanan will report to CEO Billy Hult and lead talent strategy to attract, develop and retain employees while reinforcing Tradeweb’s collaborative culture.

Buchanan brings more than 25 years of HR and talent-management experience, most recently as Chief Human Resources Officer at GCM Grosvenor, with prior senior HR roles at Bank of America, Goldman Sachs and JPMorgan Chase. She also serves on multiple nonprofit boards and holds an MBA from the University of Michigan and a bachelor’s in finance from Baruch College.

Tradeweb (Nasdaq: TW) announced completion of the industry’s first fully electronic request-for-market (RFM) swaption package trade on TW SEF, executed with counterparties Citadel and Barclays.

The protocol lets institutional clients request and receive a two-way market for multiple swaptions and swaps in a single electronic quote, aiming to increase transparency while protecting client intent. Tradeweb said the move expands electronification in rates options and that 20 dealers now provide RFM swaption package pricing on TW SEF.

Tradeweb (Nasdaq: TW) launched the Kingdom of Saudi Arabia’s first regulated electronic bond Alternative Trading System (ATS) for Sukuk and Saudi Riyal (SAR) debt on October 21, 2025.

The ATS is licensed by the Capital Market Authority (CMA) and completed inaugural trades between BlackRock and BNP Paribas, followed by a trade between BlackRock and Goldman Sachs. The CMA selected Tradeweb after a competitive tender in Q1 2024. Saudi Arabia’s recent addition to the J.P. Morgan EM Bond Index watchlist is cited as projecting approximately USD 5 billion in initial foreign inflows.