Tradeweb Markets reports Q2 adjusted EPS 87c, consensus 86c

Reports Q2 revenue $512.97M, consensus $515.58M. Reports $2.6T average daily volume for the quarter. The company said, “Tradeweb delivered a strong second quarter, despite macro challenges around the April 2025 U.S. tariff announcements, rising tensions in the Middle East and evolving central bank policy decisions, which continued to test the resiliency of electronic trading across global markets. Against this background, we continued to work with clients on strategic initiatives in traditional markets and the digital asset space. Our recently announced collaboration with Novaprime will bring new intelligence and workflow tools into the mortgage space, helping us unlock value across the trade lifecycle. Furthermore, as AI continues to shape the evolution of markets, we were pleased to welcome Sherry Marcus as Tradeweb’s Head of AI in May. Sherry’s extensive experience and leadership will be instrumental in advancing our AI capabilities to new levels of sophistication. We introduced direct Treasury bill trading for corporate treasurers through a seamless integration between our ICD Portal and institutional platform – demonstrating the capabilities and innovation we’re able to provide clients through our fourth client channel. Building on our successes in credit, we were excited to introduce electronic portfolio trading for European government bonds – extending this innovative protocol to this asset class. Finally, we were honored to be named a “Best Company to Work For” by U.S. News & World Report. I’m proud of what we’ve built together and even more excited about where we’re headed next.”