Tradeweb Benefits From Long-Term Tailwinds as Bond Markets Become Increasingly Electronic

Tradeweb operates one of the leading platforms for the electronic trading of fixed-income products and derivatives. Unlike many of its competitors, which tend to focus on a particular bond type or market segment, Tradeweb operates with a broad scope, offering trading in just about anything related to fixed income, including derivatives, as well as some equity exchange-traded funds. That said, Tradeweb’s interest-rate and credit segments are the heart of the company, making up 79% of its revenue in 2023.