Tradeweb Markets Inc. (NASDAQ:TW), a global operator of electronic marketplaces for rates, credit, equities and money markets, today reported financial results for the fourth quarter and full year ended December 31, 2022.
The company posted $293.0 million of revenues for the final quarter of 2022, an increase of 5.8% (9.3% on a constant currency basis) compared to the prior year period.
The Equities segment generated revenues of $23.0 million in the fourth quarter of 2022, an increase of 25.3% compared to prior year period. Equities ADV was up 7.8% with record ADV in U.S. institutional ETFs. Equities performance reflected increased adoption of request-for-quote (RFQ) for electronic trading in ETFs globally.
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