Tradeweb Markets Inc Cls A NASDAQ:TW Price, Chart, News & Insight

Tradeweb Launches Muni Sweep to Speed Municipal Bond Trading

Tradeweb Markets (NASDAQ: TW) launched Muni Sweep, a new session-based trading protocol designed to help municipal bond market participants evaluate and trade inventory more efficiently.

The workflow concentrates municipal bond inventory into a short, defined trading window. Participants can review opportunities, compare pricing against Tradeweb composite levels and accept relevant interest before the session closes. The company said the process is designed to reduce risk tie-up from hours under traditional bid-wanted workflows to minutes.

The launch comes as electronic trading continues to expand across the municipal bond market. According to data cited by Tradeweb, the market recorded 17.6 million trades in 2025, up 22% year over year, while electronic trading share increased from 16% in 2022 to nearly 21% in the second quarter of 2026.

Tradeweb has also been seeing stronger municipal trading activity on its own platform. Municipal bond average daily volume reached a record level in the third quarter of 2026, with September ADV rising 40% year over year to $729 million.

Muni Sweep allows users to upload inventory with CUSIP, size and an optional yield or price, while Tradeweb supplies composite pricing for comparison. The platform also includes filtering, sorting and Excel import and export functionality to support the review of large inventories.

The protocol extends a session-based trading model Tradeweb already uses across other markets. More than 25 similar sessions currently take place each week across 10 products on the company’s global wholesale platform.

The launch expands Tradeweb’s municipal bond workflow capabilities as dealers increasingly seek faster inventory turnover, greater price transparency and more efficient electronic execution.

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The Investor 11-03-26

Tradeweb Markets Posts Strong Q1 2026 with 21% Revenue Growth

Tradeweb Markets reported quarterly revenues of $617.8 million for the first quarter of 2026, up 21.2% year over year. Average daily trading volume reached $3.3 trillion, a 31.4% increase from the prior year period, with record volumes set across numerous asset classes including US and European government bonds, credit, ETFs, and repurchase agreements. Net income grew 38.5% to $233.2 million, while adjusted EBITDA came in at $339.7 million, reflecting a 55% margin. The company also raised its quarterly cash dividend by 16.7% to $0.14 per share.

Source: Tradeweb Markets Inc. Busines Wire

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Global Finance News 04-29-26

Tradeweb Markets announced an expansion of its iNAV (indicative net asset value) service after Xtrackers by DWS adopted the platform for its Europe-listed ETFs. The move increases Tradeweb’s iNAV coverage to more than 50% of total assets under management in Europe-listed ETFs.

The iNAV service provides real-time, intraday ETF valuations based on underlying assets, updating every few seconds to reflect market conditions. The expansion is expected to enhance pricing transparency, improve trading efficiency, and support better execution decisions for investors.

Tradeweb said the adoption highlights growing demand for independent, real-time valuation data as ETF markets become increasingly automated and data-driven, particularly in volatile or less liquid environments.
Business Wire

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European Investor 04-21-26

Tradeweb Markets Inc. reported record trading activity in March 2026, driven by heightened market volatility and strong client engagement across asset classes.

Total trading volume reached $87 trillion for the month, while average daily volume (ADV) hit a record $3.8 trillion, up 41.8% year-on-year. For the first quarter, total volume climbed to $214.3 trillion, with ADV rising 31.4% to $3.3 trillion.

The company said growth was broad-based, with record activity in government bonds, credit products, derivatives, and ETFs, supported by increased adoption of automated trading tools.

Tradeweb noted that rising market volatility is accelerating the shift toward electronic trading, with clients increasingly relying on automation and digital platforms to execute trades efficiently.
Business Wire

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WS Investor 04-07-26

Tradeweb Markets Inc. (Nasdaq: TW) will release financial results for the first quarter of 2026 on Wednesday, April 29, 2026

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European Investor 03-28-26

Tradeweb Markets announced the expansion of its dealer algorithmic execution offering for U.S. Treasuries by adding strategies from Citi and RBC Capital Markets.

The move builds on the platform’s initial U.S. rollout of algorithmic trading tools and aims to provide institutional investors with deeper liquidity, more diversified execution strategies, and enhanced trading efficiency. The expanded offering allows clients to execute trades over defined time horizons while accessing advanced, bank-developed quantitative algorithms.

Tradeweb stated that the enhancement supports its broader strategy of integrating algorithmic execution with its data and analytics capabilities, moving toward a unified multi-dealer, multi-asset trading platform. The company also highlighted strong activity in its U.S. government bond marketplace, with average daily trading volumes reaching $237.2 billion in 2025, up 11.6% year-over-year.
Business Wire

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Global Finance News 03-19-26

Tradeweb Markets (Nasdaq: TW) and Kalshi announced a strategic partnership to expand institutional access to prediction markets, with Tradeweb also making a minority investment in Kalshi.

The collaboration aims to integrate Kalshi’s real-time event probabilities and prediction market data into Tradeweb’s institutional trading platform, initially across rates and credit marketplaces via UI, APIs, and data tools. The companies plan to co-develop institutional-grade analytics combining Kalshi’s event data with Tradeweb’s pricing, liquidity, and macro datasets to support forecasting, risk management, and trading strategies.

They will also explore creating the first institutional-focused portal for standardized event contracts, including macroeconomic releases, Federal Reserve policy decisions, and political elections, with Tradeweb serving as the institutional front end.

Tradeweb facilitates over $2.6 trillion in average daily notional trading volume and serves more than 3,000 clients globally, while Kalshi is the largest regulated prediction market platform.

Source: Business Wire.

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WS Investor 02-19-26

Tradeweb Markets Inc. announced a strategic investment and commercial collaboration with MAXEX to expand institutional access to the U.S. residential mortgage market. Financial terms were not disclosed.

The partnership aims to create a more centralized, transparent and scalable marketplace for residential whole loans by connecting Tradeweb’s global network of more than 3,000 clients with MAXEX’s network of around 400 mortgage lenders and over three dozen institutional investors. The integration will combine MAXEX’s centralized exchange and clearinghouse with Tradeweb’s electronic trading, data and workflow capabilities to enhance efficiency and liquidity in private residential credit.

The collaboration extends Tradeweb’s mortgage offering beyond agency MBS into the growing private residential credit segment. As part of the investment, MAXEX appointed Troy Dixon of Tradeweb and Marc Simpson of JPMorgan to its board.

Source: Business Wire.

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European Investor 02-12-26

Tradeweb Markets (Nasdaq: TW) announced it has completed the industry’s first fully electronic swaption termination. The inaugural transaction was executed between Citadel and Wells Fargo on Tradeweb’s Swap Execution Facility (TW SEF), with post-trade processing handled through OSTTRA’s MarkitWire platform.

The milestone expands Tradeweb’s swaption capabilities, addressing a long-standing challenge in bilateral derivatives markets where swaptions cannot be easily compressed and must be terminated or novated before expiry. The new functionality allows clients to input a MarkitWire ID directly into the Tradeweb platform, automatically retrieving trade details, matching offsetting positions and reducing booking errors. Termination notifications are then sent electronically to MarkitWire to accelerate confirmation.

Tradeweb said the enhancement helps clients streamline workflows, reduce gross notional exposure and improve operational efficiency. The platform currently supports 18 swaption dealers and has been active in USD, EUR and GBP interest rate swaps markets since 2005.

Source: Business Wire

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WS Investor 02-11-26

Tradeweb Markets Inc. reported strong fourth-quarter and full-year 2025 results, driven by higher trading activity across multiple asset classes. Fourth-quarter revenues rose 12.5% year over year to $521.2 million, supported by a 23.3% increase in average daily volume to $2.8 trillion, with record quarterly volumes in European government bonds, longer-dated swaps and swaptions, U.S. ETFs, and global repurchase agreements. International revenues climbed 16.8% to $220.2 million.

Net income for the quarter surged 129.5% to $367.1 million, while adjusted net income increased 14.2% to $207.0 million. Adjusted EBITDA reached $277.3 million, representing a 53.2% margin, compared with 52.8% a year earlier. Diluted EPS was $1.51, with adjusted diluted EPS of $0.87. Tradeweb also announced a 16.7% increase in its quarterly cash dividend to $0.14 per share and authorized a new $500 million share repurchase program.

Source: Tradeweb Markets Inc. press release

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WS Investor 02-06-26

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