Second Quarter Highlights
A new quarterly record for average daily volume (“ADV”) of $753.8 billion represented an increase of 39.6%
New quarterly records for ADV in interest rate swaps and mortgages
A new quarterly record for U.S. high-grade credit which accounted for 12.4% of TRACE volume
Double-digit, year-over-year increases in revenues from all four asset classes covering rates, credit, equities and money markets plus market data
Net income of $24.8 million, including net income attributable to Tradeweb Markets Inc. of $12.8 million and GAAP earnings per diluted share (“Diluted EPS”) of $0.09 for the quarter
Adjusted EBITDA margin of 45.6%, Adjusted Net Income of $56.6 million and Adjusted Net Income per diluted share (“Adjusted Diluted EPS”) of $0.25 for the quarter
Tradeweb Reports Second Quarter 2019 Financial Results | Tradeweb Markets
