Tradeweb Markets Inc
TW: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$998.00 | Szcn | Rcmpjpzzy |
Tradeweb Markets Earnings: Strong Interest-Rate Swap Volume Drives Higher Revenue and Earnings
Wide-moat Tradeweb Markets reported decent first-quarter results that were roughly in line with our expectations. Strong interest-rate swaps were a significant bright spot for the firm as interest-rate volatility and issues in the banking sector drove high trading volume, which more than offset less inspiring results from some of the firm's other key trading products.