Tradeweb reports September ADV up 29% YoY and $210 M share repurchase in Q3 2026

Tradeweb Markets Inc. announced that its September 2026 average daily volume (ADV) reached $3.7 trillion, a 29% year‑over‑year increase. The company’s Q3 2026 ADV was $3.2 trillion, up 22.4% YoY, and total monthly volume hit $81.6 trillion. Preliminary variable fees were $2.091 per million dollars of volume and fixed fees were $99.7 million. Tradeweb also repurchased 2.0 million shares for $210 million during the quarter.

The higher trading volumes could lift fee revenue, as indicated by the disclosed variable and fixed fees. The share repurchase reduces outstanding shares, potentially supporting earnings per share. Tradeweb’s disclosed figures are from its own press release.

Sources