Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator
of electronic marketplaces for rates, credit, equities and money
markets, today announced it has signed a new market data licensing
agreement with LSEG Data & Analytics (Refinitiv*) to distribute
Tradeweb market data through LSEG’s Enterprise Data Solutions and
Workspace.
The new, two-year agreement advances Tradeweb’s objective to
provide high quality data that helps facilitate more efficient
markets. The agreement provides Tradeweb with increased revenue and
flexibility in growing its market data offering. LSEG will continue
to offer access to a defined list of Tradeweb fixed income data
sets, including cash and derivatives in credit, rates and money
markets, some of which will be distributed by LSEG on an exclusive
basis.
Enrico Bruni, Managing Director and member of the Tradeweb
executive committee, commented: “This new licensing agreement
builds upon Tradeweb’s longstanding relationship with LSEG,
enabling us to easily collaborate on new use cases and providing
greater flexibility to further our growth strategy in market data.
With markets becoming more and more electronic, clients
increasingly turn to our composite data for its transparency and to
help improve execution.”
Stuart Brown, Group Head of Enterprise Data Solutions, LSEG,
commented: “We are thrilled to continue pairing the strengths of
LSEG’s distribution, reach and technology along with Tradeweb’s
growing suite of valuable market data for our customers. This new
agreement signals the continuation of a longstanding, strategic
relationship that helps deliver quality data across the front,
middle and back office.”
Effective November 1, 2023, this new licensing agreement
replaces an existing agreement that was initiated in 2010 and most
recently renewed in 2018. LSEG will continue to distribute Tradeweb
data directly to its customers, including through its flagship
financial platforms, LSEG Workspace, Datascope, LSEG Pricing
Service and Tick History. Tradeweb currently offers a robust and
growing universe of data, including benchmark closing prices. Most
recently, Tradeweb began providing clients with Tradeweb FTSE Euro
Government Bond Closing Prices, following Tradeweb’s
well-established UK Benchmark Regulation closing prices for UK
Gilts. Some of the sets that both LSEG and Tradeweb will distribute
on a non-exclusive basis include Emerging Market Interest Rates
Swaps, European Convertibles, Bond Benchmark Closing Prices,
AiPrice data sets, Tradeweb’s iNav Premium data, and MIFID
non-delayed data.
*LSEG recently announced that the Refinitiv brand will be
retired in the coming months.
About Tradeweb Markets
Tradeweb Markets Inc. (Nasdaq: TW) is a leading, global operator
of electronic marketplaces for rates, credit, equities and money
markets. Founded in 1996, Tradeweb provides access to markets, data
and analytics, electronic trading, straight-through-processing and
reporting for more than 40 products to clients in the
institutional, wholesale and retail markets. Advanced technologies
developed by Tradeweb enhance price discovery, order execution and
trade workflows while allowing for greater scale and helping to
reduce risks in client trading operations. Tradeweb serves more
than 2,500 clients in more than 65 countries. On average, Tradeweb
facilitated more than $1.2 trillion in notional value traded per
day over the past four quarters. For more information, please go to
www.tradeweb.com.
Forward-Looking Statements
This release contains forward-looking statements within the
meaning of the federal securities laws. Statements related to,
among other things, our outlook and future performance, the
industry and markets in which we operate, our expectations,
beliefs, plans, strategies, objectives, prospects and assumptions
and future events are forward-looking statements.
We have based these forward-looking statements on our current
expectations, assumptions, estimates and projections. While we
believe these expectations, assumptions, estimates and projections
are reasonable, such forward-looking statements are only
predictions and involve known and unknown risks and uncertainties,
many of which are beyond our control. These and other important
factors, including those discussed under the heading “Risk Factors”
in documents of Tradeweb Markets Inc. on file with or furnished to
the SEC, may cause our actual results, performance or achievements
to differ materially from those expressed or implied by these
forward-looking statements. Given these risks and uncertainties,
you are cautioned not to place undue reliance on such
forward-looking statements. The forward-looking statements
contained in this release are not guarantees of future performance
and our actual results of operations, financial condition or
liquidity, and the development of the industry and markets in which
we operate, may differ materially from the forward-looking
statements contained in this release. In addition, even if our
results of operations, financial condition or liquidity, and events
in the industry and markets in which we operate, are consistent
with the forward-looking statements contained in this release, they
may not be predictive of results or developments in future
periods.
Any forward-looking statement that we make in this release
speaks only as of the date of such statement. Except as required by
law, we do not undertake any obligation to update or revise, or to
publicly announce any update or revision to, any of the
forward-looking statements, whether as a result of new information,
future events or otherwise, after the date of this release.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20231026016699/en/
Media contact: Daniel Noonan, Tradeweb +1 646 767 4677
Daniel.Noonan@Tradeweb.com
Investor contacts: Ashley Serrao, Tradeweb +1 646 430
6027 Ashley.Serrao@Tradeweb.com
Sameer Murukutla, Tradeweb +1 646 767 4864
Sameer.Murukutla@Tradeweb.com
Tradeweb Markets (NASDAQ:TW)
Gráfico Histórico do Ativo
De Mar 2024 até Abr 2024
Tradeweb Markets (NASDAQ:TW)
Gráfico Histórico do Ativo
De Abr 2023 até Abr 2024