Tradeweb Markets Stock Price, News & Analysis

Tradeweb Markets (Nasdaq: TW) has announced the integration of direct U.S. Treasury bill trading on ICD Portal, enabling corporate treasurers to trade T-bills through Tradeweb's institutional platform. This development follows Tradeweb's 2024 acquisition of Institutional Cash Distributors (ICD).

The integration allows corporate treasurers to manage T-bill investments alongside other investment options like money market funds, managed accounts, and bank deposits through a single solution. ICD Portal currently facilitates over $4.5 trillion in annual trading volume and serves 550+ corporate treasury organizations, including approximately 17% of S&P 100 companies.

Tradeweb Markets (Nasdaq: TW) reported strong trading performance in May 2025, with total trading volume reaching $55.4 trillion and average daily volume (ADV) of $2.5 trillion, marking a 33.3% year-over-year increase. Excluding the ICD acquisition impact, ADV grew 20.3% YoY. Key highlights include U.S. government bond ADV up 22.6% to $236.0bn, European government bond ADV up 22.6% to $50.8bn, and mortgage ADV rising 16.8% to $230.2bn. Credit trading showed significant growth with U.S. credit ADV up 25% to $8.3bn and European credit ADV increasing 8.6% to $2.4bn. ETF trading demonstrated robust growth with U.S. ETF ADV up 43.4% to $8.8bn and European ETF ADV rising 42.6% to $3.3bn. Money markets performed well, with repo ADV up 28.8% to $779.7bn, driven by increased client participation and market conditions.

Tradeweb Markets (Nasdaq: TW) has appointed Sherry Marcus as Head of Artificial Intelligence, a newly-created global role reporting to CTO Justin Peterson. Marcus joins from Amazon Web Services, where she led the 300-person team behind Amazon Bedrock, the company's generative AI platform. Her extensive experience includes senior roles at BlackRock as Managing Director of Data and AI, Chief Data Analytics Officer at Millennium Partners, and Global Head of Big Data Analytics at Credit Suisse. Marcus will lead Tradeweb's AI strategy, serving over 3,000 institutional clients worldwide. She holds a Ph.D. in Mathematics from MIT, serves on multiple prestigious boards including the MIT Club of New York and Allen Brain Institute, and previously served on the NSA Advisory Board.

Tradeweb (TW) has announced a strategic collaboration with Novaprime to enhance mortgage trading platforms. The partnership leverages the Canton Network to integrate Novaprime's Loan Intelligence and Marketplace products with Tradeweb's electronic trading execution platform. This integration aims to streamline mortgage hedging processes and reduce associated risks and costs.

The collaboration will enable lenders and investors to efficiently manage their mortgage pipeline hedging through automated tools and integrated trading connectivity. Novaprime's platform, which recently completed a STRATMOR audit, has shown potential for market leadership in mortgage document review processes. The company's AI-powered Loan Quality Platform, launched in October, focuses on improving loan integrity evaluation and reducing processing time from weeks to days.

Tradeweb Markets (Nasdaq: TW), a global operator of electronic marketplaces, has announced its participation in two upcoming financial conferences. CEO Billy Hult will participate in a fireside chat at the Piper Sandler Global Exchange & Trading Conference on June 5, 2025, at 11:30am EDT. The company will also attend the Deutsche Bank Global Financial Services Conference on May 29, 2025. A live webcast of the Piper Sandler session will be available on Tradeweb's investor relations website, with the replay accessible for approximately 180 days after the event.

Tradeweb Markets (Nasdaq: TW) reported record-breaking trading volumes for April 2025, with total trading volume reaching $57.8 trillion and average daily volume (ADV) of $2.7 trillion, marking a 38.6% year-over-year increase. Excluding the ICD acquisition impact, ADV grew 25.9% YoY. Notable highlights include: U.S. government bond ADV up 41.5% to $290.4bn, with a single-day record of $472.5bn on April 9; European government bond ADV increased 29.1% to $58.9bn; Credit trading showed strong growth with U.S. credit ADV up 9.2% and European credit ADV up 18.4%; ETF trading saw significant growth with U.S. ETF ADV up 62.7% and European ETF ADV up 86.3%. The company achieved record performance across multiple sectors, driven by increased client adoption, market volatility, and expanded platform usage.

Tradeweb Markets reported strong Q1 2025 financial results with quarterly revenues of $509.7 million, up 24.7% year-over-year. The company achieved a record average daily volume of $2.5 trillion, marking a 33.7% increase from the previous year.

Key financial highlights include net income of $168.3 million (up 17.4%) and adjusted net income of $205.7 million (up 22.5%). The company maintained a robust adjusted EBITDA margin of 54.6%, with adjusted EBITDA reaching $278.2 million.

Notable achievements include record volumes in multiple sectors: U.S. and European government bonds, mortgages, credit swaps, and global repurchase agreements. The company declared a quarterly cash dividend of $0.12 per share, representing a 20% increase from the previous year. Tradeweb's market share remained strong, capturing nearly 26% of total U.S. high grade TRACE and 18% of fully electronic share.

Tradeweb Markets (Nasdaq: TW) has scheduled the release of its first quarter 2025 financial results for Wednesday, April 30, 2025, at approximately 7:00 AM EDT. The company will host a conference call at 9:30 AM EDT featuring CEO Billy Hult, CFO Sara Furber, and Managing Director of Global Investor Relations Sameer Murukutla.

The event will include a discussion of Q1 2025 financial results followed by a Q&A session. Investors can access the live webcast and presentation materials through the company's investor relations website, with options to join via audio webcast or phone.

Tradeweb Markets (Nasdaq: TW) has launched electronic portfolio trading for European government bonds, including UK Gilts and EUR notes, becoming the first institutional marketplace to offer this functionality for both credit and government bonds.

The platform enables traders to package multiple bonds into a single basket, negotiate portfolio-level pricing, and execute entire baskets with one counterparty. The first transaction was completed between L&G and Citi. In 2023, Tradeweb processed USD 698 billion in global portfolio trading volume across 9,134 transactions.

The company's European Government Bond marketplace achieved a record USD 212.6 billion in average daily volume in 2024, marking a 45.6% year-over-year increase. The platform provides access to 47 market makers and enables trading of bonds from over 20 European countries in seven currencies.