Strong Revenue Growth
Tradeweb delivered over $500 million in quarterly revenues for the third consecutive quarter, with year-to-date revenues up 21% or 17% organically. The company is on track for another year of double-digit revenue growth.
International Revenue Surge
International revenues increased by 25% year-over-year, with strategic initiatives in EM and APAC contributing to this growth.
Expansion in Equities
Equities posted a 17% year-over-year revenue growth, driven by global ETFs and equity derivatives.
Adjusted EBITDA Margin Improvement
Adjusted EBITDA margins expanded by 54 basis points compared to the third quarter of 2024.
Significant Growth in Global Swaps
Global swaps delivered record revenues with over 30% year-over-year growth, driven by strong client engagement and favorable macro conditions.
Digital Initiatives Revenue
Tradeweb earned $2.3 million from digital initiatives, specifically from their work with the Canton Network.