Tradeweb Markets (TW) Tops Q1 EPS by 6c, Revenues Beat

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Tradeweb Reports First Quarter 2020 Financial Results

May 7, 2020 7:01 AM EDT

NEW YORK--(BUSINESS WIRE)-- Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today reported financial results for the quarter ended March 31, 2020.

$897.8 billion in average daily volume (ADV), a quarterly record and an increase of 39.0% year over year including $1.0 trillion ADV record in March. Quarterly records for ADV in U.S. treasuries, European government bonds, mortgages, long-tenor swaps, U.S. and European credit, credit derivatives, repos, U.S. and European ETFs, and equity derivatives

$234.6 million quarterly record gross revenues increased... More