Tradeweb Investor Presentation Deck
4. TANGIBLE GROWTH OPPORTUNITIES
Building a Next Generation U.S. Corporate Credit Market Place Tradeweb
EXPANDING INSTITUTIONAL & WHOLESALE ¹,2
Inst.
Client
Count
493
U.S. Investment Grade
5.7%
$1.1B
3.4% 2.3%
2017
U.S. High Yield
2.2%
$0.2B
0.9% 1.3%
2017
4
567
$172
168
2019
9.0%
$1.9B
5.7%
3.4%
2018
3.1%
$0.3B
1.2% 1.9%
681
13.0%
$2.9B
7.7%
5.3%
2019
3.7%
$0.3B
1.8%
1.9%
2018
2019
■Fully Electronic
$581
98
483
40% CAGR
2020
726
16.7%
$4.3B
9.5%
7.2%
2020
43% CAGR
4.7%
$0.5B
2.3%
2.4%
INCREASING GLOBAL PORTFOLIO TRADING ADOPTION¹
($ in millions, ADV)
$1,214
308
769
906
21.0%
$5.1B
9.0%
2020
2021
Electronically Processed
2021
12.0%
2021
8.7%
$0.9B
3.3%
5.4%
(Share of TRACE
$ in billions, ADV)
806
22.6%
$6.1B
10.2%
12.4%
6M22
10.2%
$1.1B
3.5%
6.7%
6M22
$1,492
452
1,040
6M22
U.S.
International
1. Totals may not foot due to rounding
2. Share reflects TW high grade and high yield volume, divided by TRACE volume, adjusted by Tradeweb
management to exclude emerging market and convertible bond volumes.
Ⓒ2022 Tradeweb Markets LLC. All rights reserved.
16
I
I
GROWING FOUNDATIONAL U.S. RFQ PROTOCOL
($ in millions, ADV)
$1,600
$1,400
$1,200
$1,000
$800
$600
$400
$200
$0
$112
2016
$239
2017
$170
$21 $37 29
All Trade
$540
75
$401
$779
88
2018
SOLIDIFYING OUR U.S. DIFFERENTIATORS¹
($ in millions, ADV)
$1,576
266
$469
$1,433
237
2019
I
$831
2016 2017 2018 2019 2020 2021 6M22.
U.S. Investment Grade
2020
$51
$1,173
NET SPOTTING
$328
2021
$729
$1,454
6M22
$1,691
$1,571
$1,298
$4
2016 2017 2018 2019 2020 2021 6M22
U.S. High YieldView entire presentation