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NEW YORK - Tradeweb Markets Inc. (NASDAQ:TW), a $34 billion market cap financial technology company with strong financial health according to InvestingPro analysis, has introduced direct U.S. Treasury bill trading capabilities for corporate treasurers through a connection between its ICD Portal and institutional trading platform, the company announced in a press release.
The new functionality allows corporate treasury clients to trade T-bills alongside other investment options including money market funds, separately managed accounts, bank deposits, and bond funds through a single integrated solution.
This development follows Tradeweb’s acquisition of Institutional Cash Distributors (ICD) in 2024, which established a dedicated client vertical for corporate treasury services. The company describes the T-bill trading launch as "an important first step" toward integrating corporate treasurer workflows across various Tradeweb products and liquidity pools.
"The direct T-bill trading capability on ICD Portal offers corporate clients a powerful, automated workflow that enhances cash management, minimizes risk, and supports optimal liquidity," said Tory Hazard, Managing Director at ICD.
According to the company, ICD Portal currently facilitates more than $4.5 trillion in annual trading volume and serves over 550 corporate treasury organizations, including approximately 17% of the S&P 100 as of December 31, 2024.
Tradeweb indicated it plans to add more fixed income instruments to the portal in the future to align with clients’ evolving investment strategies. The company stated it will collaborate with corporate clients to develop additional ways to transfer risk and optimize cash management.
Tradeweb Markets operates electronic marketplaces for rates, credit, equities, and money markets, serving more than 3,000 clients in over 85 countries with an average daily trading volume exceeding $2.2 trillion. Discover more detailed insights about Tradeweb’s financial performance and growth potential in the comprehensive Pro Research Report, available exclusively on InvestingPro, along with over 1,400 other detailed company analyses.
In other recent news, Tradeweb Markets Inc. reported impressive financial results for the first quarter of 2025, with earnings per share surpassing analysts’ expectations at $0.86, against a forecast of $0.85. The company achieved record quarterly revenues of $510 million, marking a 24.7% increase year-over-year. International revenues accounted for 40% of the total, demonstrating Tradeweb’s expanding global presence. Additionally, the company announced a 20% increase in its quarterly dividend to $0.12 per share. In terms of market activity, Tradeweb saw a significant 33.3% year-over-year growth in average daily volume for May 2025, reaching $2.5 trillion. This growth was supported by robust trading across various markets, including U.S. and European government bonds, credit, and equities. Furthermore, Tradeweb appointed Sherry Marcus as Head of Artificial Intelligence, aiming to bolster its AI capabilities in price discovery and analytics. Her extensive experience in data science and AI is expected to enhance Tradeweb’s electronic trading solutions.
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