Recent Updates — TW

Tradeweb Markets Inc. reported third-quarter 2026 financial results with revenues of $584.5 million, a 14.9% increase year-over-year, driven by strong activity in rates and credit markets. Average daily volume rose 22.4% to $3.2 trillion, while net income increased 6.8% to $224.9 million and adjusted diluted EPS reached $1.02. The company also announced a quarterly cash dividend of $0.14 per share, payable on December 15, 2026, representing a 16.7% increase from the prior year period. Additionally, Tradeweb updated its full-year 2026 adjusted expense guidance to $1.155–$1.175 billion and confirmed progress toward its acquisition of Trumid Holdings. Tradeweb Markets Inc. operates global electronic marketplaces for rates, credit, equities, and money markets.

Tradeweb Markets Inc. entered into a definitive agreement to acquire Trumid Holdings LLC, an electronic credit trading marketplace, for approximately $1.97 billion. The consideration consists of roughly $1.89 billion in cash and $82 million in equity issued to rollover holders. The transaction is expected to close in the first half of 2027, subject to customary regulatory approvals including Hart-Scott-Rodino review and FINRA consent. Tradeweb operates a global operator of electronic marketplaces for rates, credit, equities, and money markets.

Tradeweb Markets Inc. reported second quarter 2026 financial results with quarterly revenues of $558.9 million, a 9.0% increase year-over-year. Net income rose 17.8% to $206.7 million, and diluted EPS increased to $0.85 from $0.71 in the prior year period. Average daily volume grew 18.2% to $3.0 trillion, driven by record activity in rates futures and U.S. high yield credit. The Board declared a quarterly cash dividend of $0.14 per share, payable on September 15, 2026, to shareholders of record as of September 1, 2026. Additionally, the company repurchased approximately $188.9 million in shares during the quarter and maintained unchanged full-year 2026 guidance.