William Blair Starts Tradeweb Markets (TW) at Outperform, 'Leading Electronic Trading Platform'

Tradeweb Markets (TW) PT Raised to $125 at Morgan Stanley

April 9, 2024 2:07 AM EDT

Morgan Stanley analyst Michael Cyprys raised the price target on Tradeweb Markets (NASDAQ: TW) to $125.00 (from $122.00) while maintaining a Overweight rating.... More

Tradeweb Markets (TW) to Acquire ICD

April 8, 2024 7:13 AM EDT

Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today announced it has entered into a definitive agreement to acquire Institutional Cash Distributors, LLC (ICD), an institutional investment technology provider for corporate treasury organizations trading short-term investments, for $785 million, subject to customary adjustments. The purchase price is expected to be funded with cash on hand.

Tradeweb Expands into New, Fast-Growing Client Channel with Addition of Corporate Treasurer Network

With the acquisition of ICD and its powerful, proprietary technology, Tradeweb will add a new and fast-growing... More

Tradeweb to buy investment tech firm ICD for $785 million

April 8, 2024 7:07 AM EDT

By Niket Nishant

(Reuters) -Rates and credit trading platform Tradeweb Markets will buy investment technology firm Institutional Cash Distributors (ICD) for $785 million, it said on Monday, as it seeks to boost its appeal to corporate treasury professionals.

Corporate treasury teams manage the liquidity and other financial risks at large companies. They are also tasked with optimizing the companies' cash via short-term investments, and ensuring compliance.

The trading and brokerage industry has seen a... More

Tradeweb Markets (TW) PT Raised to $118 at Barclays

April 8, 2024 3:42 AM EDT

Barclays analyst Benjamin Budish raised the price target on Tradeweb Markets (NASDAQ: TW) to $118.00 (from $113.00) while maintaining a Overweight rating.... More

Tradeweb Markets (TW) PT Raised to $104 at Deutsche Bank

April 5, 2024 5:08 AM EDT

(Updated - April 5, 2024 7:19 AM EDT)

Deutsche Bank analyst Brian Bedell raised the price target on Tradeweb Markets (NASDAQ: TW) to $104.00 (from $98.00) while maintaining a Hold rating.

The analyst comments "We value the exchange and trading platform stocks by... More