$TW

Pyth Network added NYSE BQT data to its marketplace, offering real-time equity market information. FactSet partnered with Carbon Arc to integrate 500+ alternative data assets. DTCC launched its EU Mifid ARM. Propellant Digital expanded its agreement with Tradeweb for post-trade data. FIA Tech integrated its Trade Data Network with BlackRock's Aladdin. Tradeweb collaborated with BNY's LiquidityDirect. Finastra and Coefficient Markets partnered to streamline loan trade booking.

Robinhood (HOOD) and Tradeweb (TW) reported Q3 results. HOOD's revenue rose 12% YoY to $1.42B, but net income fell 14% to $476M. Customer metrics improved, with funded accounts up 7% to 28.7M. TW's revenue increased 14.9% to $584.5M, with net income up 6.8% to $224.9M. Both companies face different growth drivers and risks, with HOOD's valuation lower but TW showing more consistent earnings growth.

U.S. stocks fell and 10-year Treasury yield rose on Tuesday after October CPI data showed a 0.4% increase. Fed Governor Waller leaned toward a December rate hike. CME Group, ICE, Tradeweb, Nasdaq, and BGC Group reported increased trading volumes in interest rate products. CME Group's October ADV hit 30 million contracts, up 15% YoY, with interest rate ADV up 28%. ICE reported 14% YoY increase in total October ADV and 40% in interest rates ADV.

Tradeweb (TW) and BNY Mellon's (BNY) LiquidityDirect are partnering to expand Tradeweb's corporate treasury fund platform, adding more investment options. The new offering is set to launch soon, according to the companies.

HSBC, Franklin Templeton, Tradeweb, and Fireblocks demonstrated a tokenized treasury solution for Uber on the Canton Network. Uber used HSBC's tokenized deposits to purchase Franklin Templeton's Benji tokenized money market fund (MMF) through Tradeweb, settling with delivery versus payment. Ant International and Hong Kong's SFC are also exploring similar solutions, aiming to provide corporate treasurers with yield-bearing MMFs even on weekends.

Tradeweb launched Muni Sweep, a protocol for municipal bond trading. Trading Technologies partnered with Bitstamp to expand institutional crypto access. Broadridge will provide services for NYSE's tokenized securities platform. Apex Group, Chainlink, and others implemented a framework for on-chain bonds. Synova Global partnered with Eventus for trade surveillance. TradeStation integrated with QuantWheel for options trading. Clear Street is building a new execution platform.

Bruni Enrico (MD, Co-Head of Global Markets) sold 18,500 shares of Tradeweb Markets Inc. (TW) at an average of $126.26 ($126.01–$126.79, $2.34M total) across 2 trades on 2026-11-03.

Tradeweb Markets Inc. (TW) reported a 26.3% year-over-year rise in October 2026 trading volumes, with total volume reaching $78.9 trillion. Key segments like U.S. government bonds, swaps, and ETFs saw significant growth. The company attributed the increase to institutional and wholesale activity. A FINRA rule change affected reported volumes and market share calculations.

Tradeweb Markets Inc. (TW) launched Muni Sweep, a session-based trading protocol for municipal bonds, aiming to reduce inventory tie-up time. The municipal bond market saw 17.6 million trades in 2025, with electronic trading market share rising to 21% in Q2 2026. Tradeweb's Q3 2026 average daily volume reached $729 million, up 40% year-over-year.

Tradeweb's Q3 performance is driven by tech investments, Trumid acquisition, and market volatility. Management focuses on AI, data infrastructure, and credit trading growth. Stock price is $123.02, up from $119.82 pre-earnings. Future growth depends on Trumid integration, AI product adoption, and international expansion.