Tradeweb Markets (TW) Tops Q2 EPS by 1c

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Tradeweb Reports Second Quarter 2020 Financial Results

July 30, 2020 7:00 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 June 30, 2020.

$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 revenues increased 11.4% (11.8% on a constant currency basis) year over year

$42.4 million net income and... More