Tradeweb Markets Stock Price, News & Analysis

Tradeweb Markets Inc. (Nasdaq: TW) has announced the appointment of Murray Roos to its Board of Directors, effective March 19, 2021. He takes over from Debra Walton, who is stepping down. Roos is currently the Group Head of Capital Markets at the London Stock Exchange Group and brings extensive experience from Citigroup and Deutsche Bank. Tradeweb has expressed confidence in Roos's strategic insights and leadership to bolster its growth trajectory post-IPO, which has seen significant momentum in the last two years.

Tradeweb Markets Inc. (Nasdaq: TW) announced total trading volume of $20.4 trillion for February 2021, with a record average daily volume (ADV) of $1.06 trillion, representing a 19.9% year-over-year increase. Notable achievements include record ADVs in U.S. and European government bonds, U.S. High Yield Credit, and Repurchase Agreements. A single-day record of $210 billion in U.S. government bonds was reached on February 26. The company's CEO remarked on increasing client adoption of electronic trading tools as a sign of a fundamental shift in the market.

Tradeweb Markets (Nasdaq: TW), a prominent electronic marketplace operator, will participate in the Raymond James 42nd Annual Institutional Investors Conference on March 3, 2021. President Billy Hult will engage in a fireside chat at 10:50 AM EST, with a live webcast available at http://investors.tradeweb.com. A replay will be accessible for 180 days post-event. Founded in 1996, Tradeweb serves around 2,500 clients globally, facilitating over $830 billion in daily traded value across various markets.

Tradeweb Markets Inc. (Nasdaq: TW) will participate virtually in the Credit Suisse 22nd Annual Virtual Financial Services Forum on February 25, 2021. CEO Lee Olesky is set to engage in a fireside chat at 1:00 PM EST. A live webcast of this session can be accessed at investors.tradeweb.com, with a replay available for 180 days post-event. Tradeweb, founded in 1996, operates electronic marketplaces for various financial products, serving approximately 2,500 clients globally and facilitating over $830 billion in trades per day on average.

Tradeweb Markets Inc. (Nasdaq: TW) has appointed Von M. Hughes as an independent director to its Board of Directors, effective March 1, 2021. Hughes, a Partner and Managing Director at PAAMCO Prisma, brings extensive experience in asset management and corporate governance. His previous roles include senior positions at Goldman Sachs and Utendahl Capital Partners. Lee Olesky, CEO of Tradeweb, highlighted Hughes’ strategic insights as critical to the company's continued growth and opportunity execution.

Tradeweb Markets reported strong financial results for Q4 2020, with gross revenues of $233.1 million, an 18.1% increase year-over-year. The full year saw gross revenue rise by 15.1% to $892.7 million. Noteworthy highlights include record average daily volume (ADV) of $897.9 billion for Q4, up 30.9% year-over-year, and a net income increase of 26.2% to $218.4 million for 2020. The company declared a quarterly cash dividend of $0.08 per share and initiated a $150 million share repurchase program.

Tradeweb Markets (Nasdaq: TW) announced a record trading volume of $20 trillion in January, with an average daily volume (ADV) of $1 trillion, marking a 29.5% year-over-year increase. The firm experienced record ADVs across several categories, including U.S. Government Bonds, Mortgages, and Credit. Specifically, U.S. Credit ADV surged by 49.6% YoY, while U.S. ETF ADV skyrocketed by 57.4% YoY. CEO Lee Olesky highlighted robust client-driven innovation and increased trading activity as key drivers of this performance.

Tradeweb Markets Inc. (Nasdaq: TW) has announced a $190 million acquisition of Nasdaq’s U.S. fixed income electronic trading platform, formerly known as eSpeed. This all-cash deal is expected to close later in 2021, pending regulatory approvals. The acquisition will enhance Tradeweb’s Dealerweb platform by integrating Nasdaq’s central limit order book (CLOB) for U.S. Treasuries, increasing flexibility and connectivity for wholesale clients. The addition aims to improve trading efficiency and expand Tradeweb's market presence.

Tradeweb Markets Inc. (Nasdaq: TW) has launched Multi-Client Net Spotting, enhancing access to the U.S. Treasury market for credit market participants aiming to hedge risk. This new tool builds on Tradeweb's Net Spotting introduced in 2019, improving efficiency by allowing clients to net hedging activities simultaneously. With an average daily volume of $22.1 billion in credit trading, Tradeweb achieved a record TRACE market share in U.S. High Grade and High Yield bonds, facilitating 19.3% and 6.9% market shares respectively.