When a market correction gets worse, even the strongest companies may struggle to stay afloat. So, what steps can you take to safeguard yourself?
Tradeweb Markets Inc. (Nasdaq: TW), a top global operator of electronic marketplaces for various financial markets, has announced that Rich Repetto will join its Board of Directors starting March 6, 2025. In addition, Mr. Repetto will be part of the board's Audit and Risk Committee. He has over 25 years of experience in the industry, previously working as Managing Director and Senior Research Analyst at Piper S.
In January, trading on the Tradeweb European ETF marketplace reached EUR 67.1 billion, making it the third-best month ever for the platform. All types of ETFs experienced net buying, especially in Commodities, where purchases outnumbered sales by 30 percentage points. Additionally, the total value of U.S. ETFs traded in January was USD 59.9 billion.
I maintain a buy rating for Tradeweb Markets because of its strong growth, increased market share, and entry into new markets. The company's fourth-quarter results for 2024 showed impressive growth, with a 25% year-over-year rise in revenue, and trading activity in January 2025 also increased by 22% compared to the previous year. The acquisition of ICD will strengthen Tradeweb's corporate client base, and while it may slightly reduce margins in fiscal year 2024, the integration is expected to have a positive impact starting in the second half of 2025.
Tradeweb Markets' stock has risen by 42% since I first recommended it as a Strong Buy. The company announced its Q4 earnings, which were better than expected. Additionally, TW's valuation compared to the S&P 500 and its competitors has gone down since my last update.
Tradeweb Markets (TW) reported quarterly earnings of $0.76 per share, which is higher than the Zacks Consensus Estimate of $0.74 per share. This is an increase compared to earnings of $0.64 per share from the same period last year.
NEW YORK--(BUSINESS WIRE)--TRADEWEB HAS RELEASED ITS FINANCIAL RESULTS FOR THE FOURTH QUARTER AND THE ENTIRE YEAR OF 2024.
Tradeweb Markets Inc. (Nasdaq: TW), a major global operator of electronic marketplaces for various financial sectors, will announce its financial results for the fourth quarter of 2024 on Thursday, February 6, 2025, around 7:00 AM EST. Following this, the company will hold a conference call for investors. The call will feature discussions led by CEO Billy Hult, CFO Sara Furber, and Ashley Serrao, who is in charge of Treasury, FP&A, and Investor Relations.
In November, trading on the Tradeweb European ETF marketplace hit EUR 64 billion, marking its strongest monthly performance of the year. The share of trades done through Tradeweb's Automated Intelligent Execution (AiEX) reached a record high of 90.7%, with AiEX volume making up 24.9%. Additionally, the total notional value of U.S. ETFs traded in November was USD 65.7 billion, making it the platform's third-best month in 2024.
Tradeweb has made strong investments in technology, leading to impressive results, including a 25% rise in tech spending from 2021 to 2023 and improved EBITDA margins. The company produces a lot of free cash flow and keeps net profit margins above 25%, making it a profitable choice for institutional clients. As trading volumes rise and the company expands its international presence, Tradeweb's revenue and net income are likely to keep increasing.