Tradeweb Markets Inc (NASDAQ:TW), a global operator of electronic marketplaces for rates, credit, equities and money markets, today reported financial results for the quarter ended March 31, 2023.
The company registered $329.2 million of quarterly revenues, up 5.7% (7.5% on a constant currency basis) compared to prior year period.
The Equities segment generated revenues of $26.2 million in the first quarter of 2023, down 1.3% compared to prior year period (1.2% increase on a constant currency basis).
Money Markets generated revenues of $14.8 million in the first quarter of 2023, up by 28.5% from the year-ago quarter.
Market Data saw revenues of $22.4 million in the first quarter of 2023, up 5.0% compared to prior year period (6.5% on a constant currency basis). The increase was derived primarily…
Read More
