Tradeweb Markets Inc.
Tradeweb Markets Inc. (NASDAQ: TW) operates as a leading global electronic marketplace platform serving the financial ecosystem through its website at tradeweb.com. The company facilitates trading across multiple asset classes including rates, credit, equities, and money markets, connecting more than 3,000 clients… From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Tradeweb Markets Inc. does
In the company’s own words
Tradeweb Markets Inc. (NASDAQ: TW) operates as a leading global electronic marketplace platform serving the financial ecosystem through its website at tradeweb.com. The company facilitates trading across multiple asset classes including rates, credit, equities, and money markets, connecting more than 3,000 clients spanning institutional, wholesale, retail, and corporate sectors across over 85 countries.
The company's core business involves building and operating electronic marketplaces that provide clients with deep liquidity, advanced technology, and intelligent data solutions throughout the trade lifecycle. Tradeweb's platform supports pre-trade, execution, post-trade, and data and analytics services, with trading capabilities across more than 30 currencies globally. The company maintains offices throughout North America, South America, Europe, Australia, Asia, and the Middle East.
Tradeweb's competitive strengths include its extensive network of clients and products, culture of collaborative innovation, scalable technology infrastructure, global regulatory expertise, and data and analytics capabilities. The company processes approximately 150,000 trades daily and maintains comprehensive historical datasets spanning over 25 years, particularly in U.S. Treasuries. Average daily volume traded on the platform reached $2.6 trillion for the year ended December 31, 2025.
Founded in 1996 to address inefficiencies in U.S. Treasury trading, Tradeweb has evolved through strategic expansion into new asset classes and geographies. Notable acquisitions shaping the current business include Nasdaq's U.S. fixed income electronic trading platform in 2021, Yieldbroker in 2023, r8fin Holdings in 2024, and Institutional Cash Distributors in 2024. These acquisitions expanded the company's capabilities in algorithmic execution, geographic reach, and corporate treasury solutions.
The company offers diverse trading protocols including voice, request-for-quote, request-for-market, all-to-all, central limit order book, and portfolio trading, many enhanced with Automated Intelligent Execution functionality. Tradeweb maintains market leadership positions in U.S. Treasuries, U.S. high-grade credit, mortgage-backed securities, European government bonds, interest rate swaps, and institutional money market funds. The company's data and analytics services support client decision-making while generating additional revenue streams through partnerships and licensing agreements.
Company details
- Sector
- Financials
- Industry
- Banks & Brokers
- Headquarters
- NEW YORK, NY
- Fiscal year end
- December
- CIK
- 1758730
- SIC
- 6200
Financial performance, year by year
Fiscal 2019–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Tradeweb Markets Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Tradeweb Markets Inc.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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