TRACE

Tradeweb Reports Second Quarter 2023 Financial Results

Retrieved on: 
Thursday, July 27, 2023
Professional Services, Data Analytics, Technology, Software, Finance, Internet, Banking, IRS, Share repurchase, Inside Market Data, ADV, Oppenheim Toy Portfolio Award, CNY, GAAP, Ratio, RFQ, Movement, Financial Accounting Standards Board, CTT, Waters (magazine), Public expenditure, Refinitiv, Acquisition, Bloomberg, Money, TRACE, European, Annual general meeting, Webcast, Depreciation, Growth, Financial News, MarketAxess, SEF, Cryptocurrency, Security (finance), Real estate, Financial adviser, Tradeweb

Credit – Revenues of $84.0 million in the second quarter of 2023 increased 0.1% compared to prior year period (the same percentage increase on a constant currency basis).

Key Points: 
  • Credit – Revenues of $84.0 million in the second quarter of 2023 increased 0.1% compared to prior year period (the same percentage increase on a constant currency basis).
  • Equities – Revenues of $22.1 million in the second quarter of 2023 decreased 2.3% compared to prior year period (2.9% decrease on a constant currency basis).
  • See “Non-GAAP Financial Measures” for additional information
    During the second quarter of 2023, as part of its share repurchase program, Tradeweb purchased 107,365 shares of Class A common stock, at an average price of $70.81, for purchases totaling $7.6 million.
  • Tradeweb Markets will hold a conference call to discuss second quarter 2023 results starting at 9:30 AM EDT today, July 27, 2023.

MarketAxess Reports Second Quarter 2023 Results

Retrieved on: 
Thursday, July 20, 2023
Professional Services, Finance, Communication, Bank statement, Table, ADV, Calendar, Tax, GAAP, World Integrated Trade Solution, Internet Open Trading Protocol, ID, Public expenditure, Financial Accounting Standards Board, ETF, EBITDA, Investment, TRACE, Webcast, Trax, Composite, FINRA, Depreciation, FPM, United States Department of the Treasury, MarketAxess, Automation, Bank, Video game, Security (finance), Cryptocurrency, Bookkeeping, Eurobond

Estimated price improvement4 via Open Trading was approximately $157 million in the quarter and is $409 million year-to-date through second quarter 2023.

Key Points: 
  • Estimated price improvement4 via Open Trading was approximately $157 million in the quarter and is $409 million year-to-date through second quarter 2023.
  • Employee headcount was 803 as of June 30, 2023, compared to 684 as of June 30, 2022 and 774 as of March 31, 2023.
  • Refer to “Non-GAAP financial measures and other items” for a discussion of changes made to the calculation of EBITDA beginning in the first quarter of 2023.
  • Starting with the first quarter of 2023, our calculation of EBITDA has been revised to adjust for interest income in addition to interest expense.

Report From FINRA Board of Governors Meeting – July 2023

Retrieved on: 
Wednesday, July 19, 2023
Public Policy, Government, Other Professional Services, Legal, Personal Finance, Finance, Law Enforcement, Emergency Services, Professional Services, Fintech, University, Public, Economics, OTC Bulletin Board, TRACE, Hearing, Institute for Law and Finance, FINRA, Chairperson, Security (finance), KPMG, Regulation, Minute, Chair, Financial adviser

FINRA’s Board of Governors met on July 12-13 for the third time in 2023.

Key Points: 
  • FINRA’s Board of Governors met on July 12-13 for the third time in 2023.
  • During the meeting, the Board re-elected Eric Noll as Board Chair, re-appointed three public governors and approved three rulemaking items.
  • The Board also re-appointed Deborah Bailey , Lisa Fairfax and Maureen Jensen to additional three-year terms as Public Governors, beginning at FINRA’s September 2023 annual meeting.
  • The next FINRA Board of Governors meeting is scheduled for September.

Tradeweb Reports June 2023 Total Trading Volume of $29.3 Trillion and Average Daily Volume of $1.38 Trillion

Retrieved on: 
Thursday, July 6, 2023
Professional Services, Finance, RFM, ADV, Federal, RFQ, TW, ETF, TRACE, Growth, Yoy, Credit, SEF, Cryptocurrency, Lithium, Security (finance), Bank, Tradeweb, European

Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today reported total trading volume for June 2023 of $29.3 trillion (tn).

Key Points: 
  • Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today reported total trading volume for June 2023 of $29.3 trillion (tn).
  • Average daily volume (ADV) for the month was $1.38tn, an increase of 10.8 percent (%) year-over-year (YoY).
  • While market uncertainty and volatility weighed on overall activity, institutional specified pool trading had its second highest volume month ever due to growing client engagement.
  • Please refer to the report posted to https://www.tradeweb.com/newsroom/monthly-activity-reports/ for complete information and data related to our historical monthly, quarterly and yearly ADV and total trading volume across asset classes.

MarketAxess Announces Monthly Volume Statistics for June and Second Quarter 2023

Retrieved on: 
Thursday, July 6, 2023
Professional Services, Finance, Intellectual property, Failure, Marketing, ADV, COVID-19, Calendar, Privacy, Internet Open Trading Protocol, Government, Climate change, TRACE, Trax, Composite, Cyberattack, European, FINRA, ESG, Security (finance), FPM, MarketAxess, Eurobond

3 Eurobonds estimated market share is derived from MarketAxess TraX data for Eurobonds and covered bonds market trading volume, which is currently estimated to represent approximately 70% of the total European market.

Key Points: 
  • 3 Eurobonds estimated market share is derived from MarketAxess TraX data for Eurobonds and covered bonds market trading volume, which is currently estimated to represent approximately 70% of the total European market.
  • Excluding the impact of client crossing programs in April 2023, Eurobonds estimated market share for second quarter 2023 and the rolling 6-month period ending June 30, 2023 would have been approximately 16.9% and 16.4%, respectively.
  • Reported MarketAxess volume in all product categories includes only fully electronic trading volume.
  • MarketAxess trading volumes, TRACE reported volumes and MarketAxess Post-Trade processed volumes are available on the Company’s website at investor.marketaxess.com/volume .

Tradeweb Reports May 2023 Total Trading Volume of $29.4 Trillion and Average Daily Volume of $1.35 Trillion

Retrieved on: 
Monday, June 5, 2023
Software, Technology, Networks, Data Management, ADV, Record, FDIC, TBA, Federal, TW, ETF, Panavia Tornado ADV, TRACE, Yoy, Credit, SEF, Financial services, Security (finance), Palladium, Tradeweb, European

Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today reported total trading volume for May 2023 of $29.4 trillion (tn).

Key Points: 
  • Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today reported total trading volume for May 2023 of $29.4 trillion (tn).
  • Average daily volume (ADV) for the month was $1.35tn, an increase of 14.1 percent (%) year-over-year (YoY).
  • Trading in U.S. government bonds was supported by strong client activity in institutional and retail markets.
  • Please refer to the report posted to https://www.tradeweb.com/newsroom/monthly-activity-reports/ for complete information and data related to our historical monthly, quarterly and yearly ADV and total trading volume across asset classes.

MarketAxess Announces Monthly Volume Statistics for May 2023

Retrieved on: 
Monday, June 5, 2023
Professional Services, Data Management, Technology, Software, Finance, Networks, Banking, Intellectual property, Failure, Marketing, COVID-19, Calendar, Privacy, Internet Open Trading Protocol, Government, Climate change, TRACE, Trax, Composite, Cyberattack, European, FINRA, ESG, Security (finance), FPM, MarketAxess, Eurobond

2 Emerging markets estimated market trading volume is derived by combining MarketAxess TraX emerging markets trading volume (currently estimated to represent approximately 55% of the total emerging markets market) and FINRA TRACE-reportable emerging markets trading volume, principally U.S. dollar denominated corporates.

Key Points: 
  • 2 Emerging markets estimated market trading volume is derived by combining MarketAxess TraX emerging markets trading volume (currently estimated to represent approximately 55% of the total emerging markets market) and FINRA TRACE-reportable emerging markets trading volume, principally U.S. dollar denominated corporates.
  • 3 Eurobonds estimated market share is derived from MarketAxess TraX data for Eurobonds and covered bonds market trading volume, which is currently estimated to represent approximately 70% of the total European market.
  • Reported MarketAxess volume in all product categories includes only fully electronic trading volume.
  • MarketAxess trading volumes, TRACE reported volumes and MarketAxess Post-Trade processed volumes are available on the Company’s website at investor.marketaxess.com/volume .

Thermo Fisher Scientific Announces FDA Clearance of Breakthrough Immunoassays to Aid in the Risk Assessment of Preeclampsia

Retrieved on: 
Friday, May 19, 2023
FDA, Health, Other Science, Clinical Trials, Research, Science, Emory University, Nobel Prize, Pregnancy, Risk assessment, TMO, Woman, Prognosis, Thermo Fisher Scientific, Biomarker, NEJM, Mother, Pre-eclampsia, Hospital, Patient, Risk, TRACE, Disease, PLUS, Mortality, MPH, Regulation of tobacco by the U.S. Food and Drug Administration, Mindful Scientific Inc., NYSE, Food, Caregiver, Dietary supplement, Pharmaceutical industry, MD

Preeclampsia is a life-threatening blood pressure disorder that can occur during pregnancy and the postpartum period.

Key Points: 
  • Preeclampsia is a life-threatening blood pressure disorder that can occur during pregnancy and the postpartum period.
  • Preeclampsia is the leading cause of maternal and fetal mortality and morbidity worldwide, with incident rates that have increased rapidly in the United States over the last decade.
  • These new assays are designed to run on the Thermo Scientific B·R·A·H·M·S KRYPTOR compact PLUS clinical chemistry analyzer.
  • For more information on preeclampsia and the PRAECIS study, please visit: http://www.thermofisher.com/preeclampsia
    [1] Thadhani R, Lemoine E, Rana S, et al.

Tradeweb Reports April 2023 Total Trading Volume of $22.3 Trillion and Average Daily Volume of $1.15 Trillion

Retrieved on: 
Wednesday, May 3, 2023
Banking, Professional Services, Finance, RFM, ADV, Federal, RFQ, Government, TW, ETF, Tradeweb, TRACE, Yoy, Credit, SEF, Cryptocurrency, Security (finance), Real estate, Bank, Palladium, European

Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today reported total trading volume for April 2023 of $22.3 trillion (tn).

Key Points: 
  • Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today reported total trading volume for April 2023 of $22.3 trillion (tn).
  • Average daily volume (ADV) for the month was $1.15tn1, an increase of 4.7 percent (%) year-over-year (YoY).
  • Strong retail and institutional U.S. government bond activity was more than offset by declines in wholesale trading as broader treasury market volumes also declined.
  • Please refer to the report posted to https://www.tradeweb.com/newsroom/monthly-activity-reports/ for complete information and data related to our historical monthly, quarterly and yearly ADV and total trading volume across asset classes.

MarketAxess Announces Volume Statistics for April 2023

Retrieved on: 
Wednesday, May 3, 2023
Professional Services, Finance, Intellectual property, Failure, Marketing, ADV, COVID-19, Calendar, Privacy, Internet Open Trading Protocol, Government, Climate change, TRACE, Trax, Composite, Cyberattack, European, FINRA, ESG, Security (finance), FPM, MarketAxess, Eurobond

2 Emerging markets estimated market ADV is derived by combining MarketAxess TraX emerging markets trading volume (currently estimated to represent approximately 55% of the total emerging markets market) and FINRA TRACE-reportable emerging markets trading volume, principally U.S. dollar denominated corporates.

Key Points: 
  • 2 Emerging markets estimated market ADV is derived by combining MarketAxess TraX emerging markets trading volume (currently estimated to represent approximately 55% of the total emerging markets market) and FINRA TRACE-reportable emerging markets trading volume, principally U.S. dollar denominated corporates.
  • 4 Open Trading share at the product level is derived by taking total Open Trading volume in the product divided by the total product trading volume.
  • Reported MarketAxess volume in all product categories includes only fully electronic trading volume.
  • MarketAxess trading volumes, TRACE reported volumes and MarketAxess Post-Trade processed volumes are available on the Company’s website at investor.marketaxess.com/volume .