Tradeweb Markets Inc. (NASDAQ: TW) will release its financial results for the third quarter of 2026 on Thursday, October 29, 2026, at approximately 7:00 am EDT.

The global electronic trading platform will simultaneously host a conference call for investors and analysts. The event is scheduled for 9:30 am EDT on the same day.

Conference Call Details

The discussion will be led by key executives from Tradeweb:

• Billy Hult, CEO
• Sara Furber, CFO
• Ashley Serrao, Head of Treasury, FP&A and IR

The session will cover the company’s financial performance for the quarter followed by a question-and-answer period.

Accessing the Webcast

Investors can access the live webcast and related presentation materials via Tradeweb’s investor relations website. Audio participation is available through a dedicated webcast link or by phone after advance registration.

Registered participants will receive a unique PIN via email confirmation to join the conference call. An archived recording of the event will be available on the company’s investor site following the conclusion of the live broadcast.

About Tradeweb Markets

Tradeweb operates electronic marketplaces for rates, credit, equities, and money markets. Founded in 1996, the firm serves more than 3,000 clients across 85 countries. It provides access to markets, data, analytics, and straight-through processing for over 50 products.

Over the past four fiscal quarters, Tradeweb facilitated an average daily notional value traded of more than $2.9 trillion.

Tradeweb Markets Inc. (NASDAQ: TW) reported total trading volume of $61.2 trillion for August 2026. Average daily volume (ADV) reached $2.8 trillion, marking a 13.7% year-over-year increase.

The growth was broad-based across asset classes, driven by robust activity in U.S. government bonds, swaps, and credit markets. Institutional and wholesale channels supported the volume expansion, while mortgage volumes contracted due to higher Treasury yields.

Rates Market Performance

U.S. government bond ADV surged 28.9% YoY to $282.5 billion, fueled by strong institutional and wholesale activity. European government bond ADV also rose 22.2% YoY to $54.1 billion, supported by similar institutional demand.

In the derivatives space, swaps/swaptions with tenors of one year or more saw ADV jump 27.3% YoY to $553.0 billion. This increase was driven by shifting central bank policy expectations and persistent inflation uncertainty. Compression activity within this segment rose 30% YoY, though it carries a lower fee per million (FPM). Total rates derivatives ADV climbed 21.0% YoY to $1.1 trillion.

Conversely, mortgage ADV declined 9.2% YoY to $210.7 billion. To-Be-Announced (TBA) activity moderated as long-end Treasury yields moved sharply higher. However, Tradeweb’s specified pool platform recorded its third-highest monthly trade count on record, supported by a 10% YoY increase in trading accounts.

Credit and Equities

Fully electronic U.S. credit ADV expanded 32.5% YoY to $8.9 billion, while European credit ADV rose 10.7% YoY to $2.0 billion. The growth was driven by continued client adoption of trading protocols such as Request-for-Quote (RFQ) and Portfolio Trading (PT).

Global cash credit PT ADV increased 50.4% YoY, with non-comp PT ADV surging 113.1% YoY. Despite the volume growth, PT carries a relatively lower FPM compared to the broader cash credit average. Tradeweb captured a 19.0% share of fully electronic U.S. high-grade TRACE and an 8.3% share of U.S. high-yield TRACE.

Credit derivatives ADV jumped 51.4% YoY to $17.7 billion, led by increased hedge fund and systematic account activity in swap execution facilities (SEF) and multilateral trading facilities (MTF).

In equities, U.S. ETF ADV rose 19.8% YoY to $10.1 billion, and International ETF ADV grew 23.6% YoY to $3.1 billion. Robust activity in institutional and wholesale channels, along with growing adoption of the Automated Intelligent Execution (AiEX) tool, drove these gains.

Money Markets and Municipal Bonds

Repo ADV increased 11.5% YoY to $836.3 billion, supported by increased client participation and elevated collateral demand in Europe. In the U.S., growth was driven by increased net Treasury issuance and low balances in the Fed’s reverse repo facility.

Other money markets ADV remained flat, down just 0.1% YoY to $276.3 billion. Lower demand for commercial paper was offset by growth in Tradeweb’s ICD Portal activity.

Municipal bond ADV fell 2.8% YoY to $523 million, lagging the broader market which rose 1.1% YoY. The decline was attributed to elevated new issuance activity, in which Tradeweb does not participate.

What the Numbers Show

A notable divergence exists within the credit segment: while fully electronic U.S. credit ADV grew strongly at 32.5%, the rapid expansion in Portfolio Trading (PT) volumes—up over 50% globally—suggests a shift toward execution methods with lower fee per million (FPM) structures. This indicates that volume growth may not translate linearly into proportional fee revenue growth without offsetting increases in higher-margin protocol usage.