TW - Tradeweb Markets Inc.

NasdaqGS - NasdaqGS Real-time price. Currency in USD
54.75
-0.68 (-1.23%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous close55.43
Open55.27
Bid54.77 x 800
Ask54.82 x 800
Day's range54.10 - 55.28
52-week range33.23 - 69.06
Volume1,029,293
Avg. volume1,228,769
Market cap12.367B
Beta (5Y monthly)N/A
PE ratio (TTM)103.69
EPS (TTM)0.53
Earnings date30 Jul 2020
Forward dividend & yield0.32 (0.56%)
Ex-dividend date29 May 2020
1y target est60.42
  • Business Wire

    Tradeweb Announces Second Quarter 2020 Earnings Date

    Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, will release financial results for the second quarter of 2020 prior to the U.S. market open on Thursday, July 30, 2020 at approximately 7:00 AM EDT.

  • Business Wire

    Tradeweb Reports Robust Monthly Volumes in June; Strong Second Quarter Caps Record Half Year

    Tradeweb reports robust monthly volumes in June; strong second quarter caps record half year.

  • Bond Trade Loved by Wall Street Nears Another $100 Billion
    Bloomberg

    Bond Trade Loved by Wall Street Nears Another $100 Billion

    (Bloomberg) -- In the throes of the pandemic panic, more traders turned to a tech-powered tool to price large swaths of corporate bonds in one fell swoop.Portfolio trading, powered by the ETF boom, was gaining converts as markets in many individual bonds all but froze. Transactions cleared by Tradeweb Markets Inc.’s electronic platform have doubled from a year ago, reaching a cumulative $90 billion globally last month. That’s already more than in all of 2019, and puts Europe on track to surpass Wall Street’s tally from last year, too.“People who have been observing developments in portfolio trading from the sidelines started getting involved,” said Enrico Bruni, head of Europe and Asia business. His firm processed 54 portfolio trades in Europe in March.A portfolio trade works by tapping into the growing inventory of bonds held in exchange-traded funds to move a diversified basket of securities in a single transaction. The practice spread even as market players faced mounting obstacles dealing in individual European corporate bonds.A measure of liquidity costs, the gap between bids for high-yield bonds and ask prices, doubled and remains elevated, despite a broader recovery witnessed in corporate bond indexes and exchange-traded funds.If necessity is the mother of invention, then the pandemic may help bring the staid corporate bond market into the 21st century, and give its traders the speed and efficiency that’s routine among stock dealers.The main advantage to portfolio trading is the ability to move entire baskets of bonds in one go, and the prospect of liquidity in a selloff.“Irrespective of Covid, portfolio trading has been growing at a huge pace and clients prefer it because it saves time, effort and cost,” said Mehmet Mazi, head of debt trading and financing at HSBC Holdings Plc in London.So-called authorized participants can buy shares in an ETF, redeem them for a basket matching the fund’s characteristics and sell it to a portfolio manager. Conversely, they can buy a basket of bonds from an asset manager and create new shares through the ETF issuer.With assets in BlackRock Inc.’s largest fund covering core European credit now at a record 15 billion euros ($17 billion), access to an array of bonds with live prices is getting easier.“It takes us a few minutes to price up a bucket of more than 500 bonds,” said Mazi. “Without the technology we deployed, it would otherwise take line traders days.”But shifting single-name bonds may still be better done by humans, especially when they are dealing in a crisis that’s outside of the data set programmed into computers.Read more: Humans Top Bots in Covid Crisis Electronic Bond Trading TestAnd portfolio trades don’t work in a vacuum. At the worst of March’s pandemic-rocked sessions, some banks switched off pricing algorithms, according to Stuart Campbell, head of trading at Bluebay Asset Management LLP, which oversees more than $59 billion.“On volatile days, those claims go out of the window,” he said. “Portfolio trading is not a silver bullet to the lack of liquidity.”Tradeweb’s competitor MarketAxess Holdings Inc. said it doesn’t publish data on portfolio trading volumes. Bloomberg LP, the parent company of Bloomberg News, competes with Tradeweb and MarketAxess in providing fixed-income trading services.The technology isn’t just for sell-side traders trying to execute lightening-fast deals. At London-based Muzinich & Co., fund managers use portfolio trades for complex transactions that combine purchases and sales -- a process that can take up to two weeks and requires human intervention.“You still make the decision on what should be bought and sold, and transaction costs are cheaper,” said Tatjana Greil Castro, a portfolio manager at Muzinich & Co., which oversees $33.5 billion. “I like it.”(Adds size of credit ETF in 10th paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Is Tradeweb Markets (TW) Stock Outpacing Its Finance Peers This Year?
    Zacks

    Is Tradeweb Markets (TW) Stock Outpacing Its Finance Peers This Year?

    Is (TW) Outperforming Other Finance Stocks This Year?

  • Why Tradeweb Markets Surged 26.5% in May
    Motley Fool

    Why Tradeweb Markets Surged 26.5% in May

    Shares of Tradeweb Market (NASDAQ: TW) rose 26.5% in May, according to data from S&P Global Market Intelligence. The electronic trading platform reported earnings during the month, highlighting a quarter which saw an enormous spike in trading activity on its platform, leading to better-than-expected results. During the quarter, Tradeweb saw a 25.6% increase in gross revenue on a 39% increase in average daily volumes executed through its platform.

  • Business Wire

    Tradeweb Reports Steady May Volumes Despite Lower Volatility

    Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces, today reported ADV of $791.7 billion in May.

  • This Recent IPO Is Benefiting From Market Volatility
    Motley Fool

    This Recent IPO Is Benefiting From Market Volatility

    Tradeweb has seen its trading volumes soar on its electronic exchanges since the COVID-19 pandemic hit.

  • The Zacks Analyst Blog Highlights: Tradeweb, Repay, MercadoLibre, PayPal and PaySign
    Zacks

    The Zacks Analyst Blog Highlights: Tradeweb, Repay, MercadoLibre, PayPal and PaySign

    The Zacks Analyst Blog Highlights: Tradeweb, Repay, MercadoLibre, PayPal and PaySign

  • Will Tradeweb Markets Continue to Surge Higher?
    Zacks

    Will Tradeweb Markets Continue to Surge Higher?

    As of late, it has definitely been a great time to be an investor Tradeweb Markets

  • 3 Reasons Why Tradeweb Markets (TW) is a Solid Pick Now
    Zacks

    3 Reasons Why Tradeweb Markets (TW) is a Solid Pick Now

    Given strong fundamentals and prospects, Tradeweb Markets (TW) stock is an attractive investment option at the moment.

  • 5 Stocks to Trend as Coronavirus Pushes Cash-Free Payment
    Zacks

    5 Stocks to Trend as Coronavirus Pushes Cash-Free Payment

    The coronavirus health scare has led to significant increase in cashless transaction and fintech usage. Here are five stocks to watch out for on growth in the fintech industry.

  • Tradeweb Markets Inc (TW) Q1 2020 Earnings Call Transcript
    Motley Fool

    Tradeweb Markets Inc (TW) Q1 2020 Earnings Call Transcript

    TW earnings call for the period ending March 31, 2020.

  • 3 Market-Beating Growth Stocks
    Zacks

    3 Market-Beating Growth Stocks

    3 Market-Beating Growth Stocks

  • Business Wire

    Tradeweb Reports First Quarter 2020 Financial Results

    Tradeweb today reported first quarter 2020 financial results, including record revenues and record trading volumes across asset classes.

  • Business Wire

    Tradeweb Reports Robust April Trading

    Tradeweb Markets Inc. (Nasdaq: TW) today reported average daily volume of $763.4 billion in April, an increase of 14.6 percent year over year.

  • Business Wire

    Tradeweb Markets Announces Closing of Follow-on Offering and Full Exercise of Underwriters’ Option to Purchase Additional Shares of Class A Common Stock

    Tradeweb Markets Inc. (Nasdaq: TW), today announced the closing of its follow-on offering of 12,835,245 shares of its Class A common stock.

  • Business Wire

    Tradeweb Markets Announces Pricing of Upsized Follow-on Offering

    Tradeweb Markets Announces Pricing of Follow-On Offering

  • Business Wire

    Tradeweb Markets Announces Launch of Follow-On Offering and Preliminary First Quarter 2020 Financial Results

    Tradeweb Markets Announces Launch of Follow-On Offering and Preliminary First Quarter 2020 Financial Results

  • Business Wire

    Tradeweb Announces First Quarter 2020 Earnings Date

    Tradeweb Markets Inc. (Nasdaq: TW), will release financial results for the first quarter of 2020 on May 7 2020 at 7:00 a.m. EDT.

  • Business Wire

    Tradeweb Reports Record March Trading Volume

    Tradeweb Markets Inc., a leading, global operator of electronic marketplaces, today reported record ADV of $1.0 trillion in March 2020.

  • Business Wire

    Steven Berns Elected to Tradeweb Board of Directors

    Tradeweb, a leading, global operator of electronic markets, today announced the election of Steven Berns to the company's Board of Directors.

  • Business Wire

    Tradeweb Reports Record February 2020 Trade Volume

    Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces reported ADV of $885.6 billion in February, a new record.

  • Have Insiders Been Buying Tradeweb Markets Inc. (NASDAQ:TW) Shares?
    Simply Wall St.

    Have Insiders Been Buying Tradeweb Markets Inc. (NASDAQ:TW) Shares?

    We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The...

  • WETF vs. TW: Which Stock Is the Better Value Option?
    Zacks

    WETF vs. TW: Which Stock Is the Better Value Option?

    WETF vs. TW: Which Stock Is the Better Value Option?