Tradeweb (TW)
Financials · Electronic fixed income and financial trading marketplaces
Tradeweb operates the leading global electronic marketplace platform for institutional trading across fixed income, equities, and money markets.
What Tradeweb does
Tradeweb is a leading operator of electronic marketplaces that facilitate trading of global financial products across rates, credit, equities, and money markets. The platform serves over 3,000 clients including asset managers, hedge funds, insurance companies, central banks, dealers, and corporations across more than 85 countries. Beyond trading execution, Tradeweb provides comprehensive solutions across the trade lifecycle including pre-trade, execution, post-trade services, and data and analytics to support price discovery and operational efficiency.
Themes: ["Electronic trading platforms","Fixed income / rates trading","Credit trading","Equities trading","Money markets","Financial data and analytics","Trade execution technology","Institutional trading infrastructure"]
Fundamentals
- Price$99.01 as of 2026-07-09 close
- Market cap$23.8B as of 2026-07-09
- 1-year return-25.9% as of 2026-07-09 close
- P/E27.41 as of 2026-07-09
- Net margin+40.3% as of 2026-07-09
- ROE+13.6% as of 2026-07-09
- Debt / equity0.00 as of 2026-07-09
- Revenue growth (YoY)+18.3% as of 2026-07-09
- Revenue CAGR (3y)+20.0% SEC XBRL
- Beta0.63 as of 2026-07-09
Dividend: yield +0.6%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Competitive pressure from alternative trading venues and electronic platforms offering similar marketplace services","Regulatory changes and evolving compliance requirements across multiple jurisdictions where the company operates","Technology infrastructure risks including system outages, cybersecurity threats, and the need to continuously invest in platform modernization"]
Competitors & peers
- Bloomberg Terminal (Bloomberg)
- MarketAxess (MKTX)
- LSEG Data & Analytics (LSEG)
- Refinitiv (owned by LSEG)
- Interactive Data (owned by Intercontinental Exchange)
- Charles River Development (owned by State Street)
Fundamentals: Finnhub, as of 2026-07-09. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.