Tradeweb Markets Inc

TW: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$498.00	Bnmd	Cylkhmtdj

Tradeweb Markets Earnings: Strong Interest-Rate Swap Volume Drives Higher Revenue and Earnings

Michael Miller

Apr 27, 2023

Wide-moat Tradeweb Markets reported decent first-quarter results that were roughly in line with our expectations. Strong interest-rate swaps were a significant bright spot for the firm as interest-rate volatility and issues in the banking sector drove high trading volume, which more than offset less inspiring results from some of the firm's other key trading products.

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