Tradeweb Reports Second Quarter 2020 Financial Results
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Tradeweb Markets (TW) Tops Q2 EPS by 1c
July 30, 2020 7:06 AM EDTTradeweb Markets (NASDAQ: TW) reported Q2 EPS of $0.30, $0.01 better than the analyst estimate of $0.29. Revenue for the quarter came in at $212.11 million versus the consensus estimate of $212.36 million.
$778.4 billion in average daily volume (ADV), an increase of 3.5% year over year. Quarterly records for ADV in U.S. High-Grade Credit, U.S. High-Yield Credit, Bilateral Repos, U.S. Treasury Bills and Emerging Markets Interest Rate Swaps$212.1 million quarterly gross... More