Tradeweb

OverviewSuggest Edit

Tradeweb is an international financial services company that builds and operates electronic over-the-counter (OTC) marketplaces for companies that trade fixed income products and derivatives. It serves a variety of institutions, a network that includes the largest banks, asset managers, central banks, pension funds, and insurance companies.

TypePublic
Founded1996
HQNew York, NY, USMap
Websitetradeweb.com
Employee Ratings4.2More
Overall CultureC-More
View Jobs (45)

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2019)919
Job Openings45
Revenue (FY, 2020)$892.7 M(+16%)
Share Price (May 2022)$62.4(+4%)
Cybersecurity ratingAMore
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Key People/Management at Tradeweb

Lee Olesky

Lee Olesky

Chief Executive Officer, Director
Douglas Friedman

Douglas Friedman

General Counsel
Enrico Bruni

Enrico Bruni

Managing Director, Head of Europe and Asia Business
Jay Spencer

Jay Spencer

Chief Technology Officer
Simon Maisey

Simon Maisey

Managing Director, Global Head of Business Development
Justin Peterson

Justin Peterson

Chief Technology Officer
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Tradeweb Office Locations

Tradeweb has offices in New York, Boca Raton, Boston, Garden City and in 5 other locations
New York, NY, US (HQ)
Americas Tower
Boca Raton, FL, US
1515 N Federal Hwy
Boston, MA, US
77 Sleeper St suite #02 - 131
Garden City, NY, US
1225 Franklin Ave #550
Jersey City, NJ, US
5 Hudson St
Chuo City, JP
2-chōme-2-1 Kyōbashi
Show all (11)

Tradeweb Financials and Metrics

Tradeweb Revenue

Tradeweb's revenue was reported to be $892.66 m in FY, 2020
USD

Revenue (Q2, 2021)

205.4m

Market capitalization (10-May-2022)

6.5b

Closing stock price (10-May-2022)

62.4

Cash (30-Jun-2021)

681.2m

EV

5.9b
Tradeweb's current market capitalization is $6.5 b.
Annual
USDFY, 2019FY, 2020

Revenue

775.6m892.7m

General and administrative expense

35.0m34.8m

R&D expense

39.3m47.5m

Operating expense total

74.2m82.3m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Revenue

186.8m190.5m201.0m234.6m122.1m120.6m273.4m205.4m

Sales and marketing expense

77.3m

General and administrative expense

9.4m7.5m8.3m3.5m

R&D expense

9.5m9.5m10.3m13.5m
show all
Annual
USDFY, 2019FY, 2020

Cash

460.7m791.3m

Accounts Receivable

92.8m105.3m

PP&E

40.4m33.8m

Goodwill

2.7b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Cash

100.0313.6m389.9m424.4m559.9m677.4m809.9m681.2m

Accounts Receivable

133.5m101.5m97.8m144.5m141.9m

PP&E

35.7m36.9m37.1m35.7m33.4m32.7m32.8m

Goodwill

2.7b2.7b2.7b2.7b2.7b2.8b
show all
Annual
USDFY, 2019FY, 2020

Net Income

173.0m218.4m

Depreciation and Amortization

139.3m153.8m

Accounts Payable

(3.5m)11.2m

Cash From Operating Activities

311.0m443.2m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Net Income

42.4m67.2m115.7m62.5m104.9m151.9m81.6m123.2m

Depreciation and Amortization

33.5m67.8m102.9m37.2m75.1m114.0m41.0m82.8m

Accounts Payable

(3.7m)6.6m14.1m6.3m4.0m770.0k(3.8m)

Cash From Operating Activities

(21.1m)77.0m190.5m(21.8m)164.6m303.5m55.6m204.0m
show all
USDQ1, 2019

Financial Leverage

1 x
Show all financial metrics

Tradeweb Cybersecurity Score

Cybersecurity ratingPremium dataset

A

92/100

Learn more about our premium products
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Tradeweb Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

Learn more about our premium products
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Tradeweb Online and Social Media Presence

Tradeweb's Trends

Embed Graph

Tradeweb Company Culture

  • Overall Culture

    C-

    66/100

  • CEO Rating

    C-

    63/100

  • Compensation

    A-

    80/100

Learn more on Comparably

Tradeweb News and Updates

April 22, 2022

10-year U.S. breakeven rate trades near record high above 3%, Tradeweb says

The 10-year breakeven rate, a gauge of where investors see annual inflation rates over the next decade, is hovering around 3.03% on Friday, close to a record high, based on Tradeweb data since 2003. The rate closed above 3% for the first time on Thursday, when Federal Reserve Chairman Jerome Powell …
August 03, 2021

Boerse Stuttgart and Tradeweb team p to offer direct access to liquidity in US bond trading

Boerse Stuttgart, Germany's leading exchange for corporate bonds and Tradeweb Markets Inc. (Nasdaq: TW), a leading global operator of electronic marketplaces for rates, credit, equities and money markets, today announced their collaboration to integrate Tradeweb’s live streaming prices for US corpor…
July 13, 2021

Banks are rethinking their bond-trading tech as MarketAxess and Tradeweb help create a more competitive market

Summary List PlacementWhether it's credit traders flipping securities in the secondary market or syndicate desks compiling orders for new bond deals, sales and trading teams are opting for digital programs instead of the telephone. Electronic trading venues like Tradeweb or MarketAxess are integra…
June 22, 2021

Nasdaq Announces Expected Closing Date for Sale of U.S. Fixed Income Business to Tradeweb Markets

NEW YORK, June 22, 2021 (GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq: NDAQ) announced today that all required regulatory and self-regulatory approvals have been obtained for the previously announced sale of its U.S. fixed income business, Nasdaq Fixed Income (NFI), to Tradeweb Markets Inc. (Nasdaq: TW…
February 02, 2021

Nasdaq to sell US fixed income business to Tradeweb Markets

Nasdaq, Inc. (Nasdaq: NDAQ) announced today that it has entered into a definitive agreement to sell its U.S. fixed income business, Nasdaq Fixed Income (NFI), to an affiliate of Tradeweb Markets Inc. (Nasdaq: TW), a leading global operator of electronic marketplaces for rates, credit, equities and m…
February 02, 2021

Nasdaq Agrees to Sell U.S. Fixed Income Business to Tradeweb Markets

NEW YORK, Feb. 02, 2021 (GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq: NDAQ) announced today that it has entered into a definitive agreement to sell its U.S. fixed income business, Nasdaq Fixed Income (NFI), to an affiliate of Tradeweb Markets Inc. (Nasdaq: TW), a leading global operator of electronic …
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 Tradeweb Frequently Asked Questions

  • When was Tradeweb founded?

    Tradeweb was founded in 1996.

  • Who are Tradeweb key executives?

    Tradeweb's key executives are Lee Olesky, Douglas Friedman and Enrico Bruni.

  • How many employees does Tradeweb have?

    Tradeweb has 919 employees.

  • What is Tradeweb revenue?

    Latest Tradeweb annual revenue is $892.7 m.

  • What is Tradeweb revenue per employee?

    Latest Tradeweb revenue per employee is $971.3 k.

  • Who are Tradeweb competitors?

    Competitors of Tradeweb include IHS Markit, SSJ Finance & Securities and Winterflood Securities.

  • Where is Tradeweb headquarters?

    Tradeweb headquarters is located at Americas Tower, New York.

  • Where are Tradeweb offices?

    Tradeweb has offices in New York, Boca Raton, Boston, Garden City and in 5 other locations.

  • How many offices does Tradeweb have?

    Tradeweb has 11 offices.