Tradeweb Markets Stock Price, News & Analysis

Tradeweb Markets Inc. (Nasdaq:TW) appointed James Sun as Managing Director, Head of Asia, effective immediately. Based in Shanghai, he will oversee operations across Hong Kong, Tokyo, and Singapore, reporting to Enrico Bruni. Sun previously served as CEO of Harvest Global Investments and has extensive experience at Charles Schwab. His role aims to enhance Tradeweb’s global connectivity in Asia's critical financial markets, which are crucial for the company's growth strategy.

Tradeweb Markets Inc. (Nasdaq: TW) reported a total trading volume of $18.2 trillion for December, with an average daily volume (ADV) of $834.5 billion, up 28% year-over-year. The fourth quarter also saw record ADV of $897.9 billion, marking a 30.9% increase YoY. Tradeweb captured significant market share in U.S. High Grade and High Yield bonds, with fully electronic trading at 10.6% and 4.5%, respectively. 2020 total annual volumes reached $211.2 trillion, with strong activity across asset classes driven by electronic trading adoption.

Tradeweb Markets Inc. (Nasdaq: TW) will release its fourth quarter and full year 2020 financial results on February 4, 2021, at 7:00 AM EST. This will be followed by a conference call at 9:30 AM EST, featuring CEO Lee Olesky, President Billy Hult, and CFO Robert Warshaw. The call will discuss financial insights and include a Q&A session. Tradeweb, a global operator of electronic marketplaces, facilitated over $780 billion in notional value traded daily in the past year, serving around 2,500 clients worldwide.

Tradeweb Markets Inc. (Nasdaq: TW) reported an impressive total trading volume of $18.7 trillion in November, marking a 37.2% year-over-year increase in average daily volume (ADV) to $958.7 billion. This is the second-highest month recorded. Key growth drivers included U.S. credit ADV up 42.7% YoY and record shares in U.S. High Grade TRACE at 20.1%. The company set monthly ADV records in several categories like cash rates and credit markets, significantly benefiting from increased trading activity.

Tradeweb Markets Inc. (Nasdaq: TW) announced its participation in the Goldman Sachs 2020 U.S. Financial Services Conference on December 9, 2020. CEO Lee Olesky is set to engage in a fireside chat at 2:00 PM EST. A live webcast and replay of the session will be accessible on the company's investor relations website for 180 days post-event. Established in 1996, Tradeweb is a global leader in electronic marketplaces for various financial products, facilitating over $780 billion in trades daily across 65 countries.

Tradeweb Markets Inc. (Nasdaq: TW) reported a strong performance for October 2023, with total trading volume reaching $19.4 trillion and an average daily volume (ADV) of $910.8 billion, a 28.8% year-over-year increase. Significant growth was noted in various sectors, including U.S. credit ADV rising 47.8% and U.S. ETF ADV increasing 104.3%. Tradeweb also achieved record TRACE shares in U.S. High Grade and High Yield markets. This consistent growth reflects effective strategies and increased adoption of trading tools.

Tradeweb Markets reported Q3 2020 financial results with gross revenues of $212.9 million, a 5.9% year-over-year increase. Despite a 4.5% decline in average daily volume (ADV) to $780.3 billion, records were achieved for TRACE share in U.S. credit. The company noted a 3.1% drop in GAAP net income to $47.0 million, yet adjusted net income rose 13.5% to $69.9 million. The adjusted EBITDA margin improved to 47.4%. A quarterly cash dividend of $0.08 per share was declared.

Tradeweb Markets Inc. (Nasdaq: TW) has announced it is the first trading venue to enable electronic execution of SONIA swaps against Gilt futures for institutional investors. The inaugural transaction was executed between Capula Investment Management and J.P. Morgan. This advancement facilitates hedging and exposure to GBP interest rate risk, transitioning from LIBOR to SONIA due to regulatory changes. The initiative aims to enhance transparency and efficiency in trading, marking a significant step in the development of the SONIA derivatives market.

Tradeweb Markets (Nasdaq: TW) reported a total trading volume of $18.5 trillion in September 2020, with an average daily volume (ADV) of $870.5 billion, down 0.5% year-over-year. For Q3 2020, ADV decreased 4.5% to $780.3 billion. Despite this, notable growth in Credit, Equities, and Money Markets was observed, with U.S. credit ADV up 33.0% YoY. Tradeweb achieved record market share in U.S. High-grade and U.S. High-yield bonds. The company will announce its third-quarter financial results on October 28, 2020.