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Tradeweb’s Revenue Rises 5.7% as Q1 ADV Hits Record $1.4T

Tradeweb Markets’ revenue rose by 5.7% to $329.2 million during first quarter 2023, pushed by increases in trading in rates, credit, and money markets. The Nasdaq-listed electronic markets operator disclosed this on Thursday, noting that its equities market revenue, on the contrary, declined by 1.3% quarter-over-quarter to $26.2 million.Furthermore, Tradeweb in its newly released Q1 2023 financial results said the average daily volume (ADV) of trades across its marketplaces jumped by 16.2% quart... Read More

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Posted: Apr 27 2023, 12:54

Author Name: financemagnates

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