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Tradeweb Markets, founded in 1996, provides access to markets, data and analytics, electronic trading, and reporting across various products to clients in institutional, wholesale, retail, and corporate markets. The company has facilitated an average of more than $2.2 trillion in notional value traded per day in the last four fiscal quarters. With a current ratio of 3.13, Tradeweb demonstrates strong financial stability, though InvestingPro analysis suggests the stock is trading above its Fair Value. Investors can access detailed valuation metrics and eight additional ProTips with an InvestingPro subscription. With a current ratio of 3.13, Tradeweb demonstrates strong financial stability, though InvestingPro analysis suggests the stock is trading above its Fair Value. Investors can access detailed valuation metrics and eight additional ProTips with an InvestingPro subscription.
This regulatory milestone allows TW SEF to operate as an SBSEF, enabling institutional clients to trade single-name credit default swaps (CDS) in accordance with the new SEC Regulation SE. This regulation mandates that platforms facilitating the trading of security-based swaps (SBS) among participants must register with the SEC.
Elisabeth Kirby (NYSE:KEX), Managing Director and Head of Market Structure at Tradeweb, commented on the approval, emphasizing its significance in increasing transparency within institutional single-name CDS markets. Tradeweb’s history of innovation in derivatives trading positions it to work collaboratively with regulators to enhance market transparency, efficiency, and liquidity while complying with evolving regulatory standards.
Tradeweb has been a leader in electronic derivatives trading since 2005, introducing numerous firsts in the interest rate swaps markets and advancing the industry. In 2007, Tradeweb launched its multilateral trading facility (MTF) for swaps in the EU and UK. Following the Dodd-Frank Act, Tradeweb established TW SEF in 2013 to meet new regulatory requirements for the clearing and trading of certain swaps on regulated platforms.
Tradeweb Markets, founded in 1996, provides access to markets, data and analytics, electronic trading, and reporting across various products to clients in institutional, wholesale, retail, and corporate markets. The company has facilitated an average of more than $2.2 trillion in notional value traded per day in the last four fiscal quarters. With a current ratio of 3.13, Tradeweb demonstrates strong financial stability, though InvestingPro analysis suggests the stock is trading above its Fair Value. Investors can access detailed valuation metrics and eight additional ProTips with an InvestingPro subscription.
Tradeweb Markets, founded in 1996, provides access to markets, data and analytics, electronic trading, and reporting across various products to clients in institutional, wholesale, retail, and corporate markets. The company has facilitated an average of more than $2.2 trillion in notional value traded per day in the last four fiscal quarters.
The information in this article is based on a press release statement.
In other recent news, Tradeweb Markets Inc (NASDAQ:TW). experienced significant developments. The company reported record revenues for Q3 2024, marking a substantial increase of 36.7% from the previous year, reaching a total of $449 million. This growth was attributed to an increase in market share and expansion across multiple asset classes, with a notable contribution from non-core rates segments. The successful integration of the recently acquired ICD has also positively impacted Tradeweb’s yield broker and rate fin revenues.
The company also reported a year-over-year surge of 34.1% in its average daily volume (ADV) for October 2024, reaching a noteworthy $2.35 trillion. This growth was observed across various markets including rates, credit, equities, and money markets.
Furthermore, Raymond (NSE:RYMD) James analyst Patrick O’Shaughnessy increased the price target for Tradeweb to $141 from $138, maintaining an Outperform rating on the company’s shares. The adjustment comes as Tradeweb, with impressive revenue growth of 29.4%, prepares to announce its fourth-quarter earnings for the year 2024. O’Shaughnessy’s optimistic outlook is based on recent trends showing robust volumes and significant gains in market share for key products. The analyst anticipates that Tradeweb will continue to experience solid growth across a range of economic conditions and secure further market share in strategic areas.
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