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Stock impact report

Tradeweb Reports Record March Trading Volume

Tradeweb Markets Inc. - Class A (TW) 
Last tradeweb markets inc. - class a earnings: 2/12 07:00 am Check Earnings Report
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today reported a record average daily volume (ADV) of $1.0 trillion (trn) in aggregate for the month of March 2020, an increase of 41.5 percent (%) year over year (YoY). For the first quarter of 2020, Tradeweb reported record ADV of $897.8 billion (bn), up 39.0 % YoY, and preliminary average variable fees per million dollars of volume traded of $2.65.Lee Olesky, Tradeweb CEO, said: “It is especially critical during times of uncertainty that markets operate reliably and efficiently. We remain focused on the safety of our people and ensuring that Tradeweb clients trade with confidence wherever they are in the world. In March we saw clients adapt to market volatility and remote working by adjusting how they traded — taking advantage of our multi-asset class and multi-protocol electronic offerings to find the best approach. Show less Read more
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