Tradeweb Results Presentation Deck

Asset Class Rates Total Credit Quarterly Volumes Total Equities Total Money Markets Total Product Cash Derivatives Cash Cash U.S. Government Bonds¹ European Goverment Bonds Mortgages Other Goverment Bonds Cash Swaps/Swaptions> 1Y Swaps/Swaptions 1Y Derivatives Total Futures U.S. High Grade - Fully Electronic U.S. High Grade - Electronically Processed U.S. High Yield-Fully Electronic U.S. High Yield - Electronically Processed European Credit Municipal Bonds Chinese Bonds Other Credit Bonds Swaps Derivatives U.S. ETFS European ETFS Convertibles/Swaps/Options Futures Repurchase Agreements (Repo) Other Money Markets Q1 2022 ADV (USD mm) 387,494 149,564 38,940 193,844 5,146 361,041 210,550 148,430 2,060 748,535 10,793 3,090 2,838 776 410 2,085 249 1,252 94 22,420 22,420 33,214 12,766 9,050 3,716 8,683 3,370 5,314 21,449 371,753 353,995 17,758 371,753 ADV (USD mm) 1,174,950 PRODUCT CATEGORIES INCLUDE U.S. Government Bonds: U.S. Treasury bills, notes and bonds, and Treasury Inflation-protected Securities. Mortgages: To-be-announced mortgage-backed securities, specified pools, collateralized mortgage obligations, commercial mortgage-backed securities, other mortgage derivatives and other asset-backed securities. Other vemment Bonds: Japanese, Canadian, Australiana New Zealand government bonds, covered bonds (including Pfandbriefe), other government-guaranteed securities, supranational, sub-sovereign and agency bonds/debentures. Rates Futures: Govemment bond futures leg of exchange for physicals (EFPs). U.S. High Grade and High Yield: All TRACE-reported corporates, excluding convertibles (see page 27 for segmentation methodology). Chinese Bonds: Chinese Interbank Bond Market (CIBM) instruments-government and corporate - transacted via Bond Connect Company Limited (BCCL). 19 2022 Tradeweb Markets LLC. All rights reserved. Volume (USD mm) 24,059,807 9,272,977 2,453,215 12,018,322 315,293 22,531,757 13,143,966 9,260,040 127,751 46,591,564 666,330 191,562 175,975 48,086 25,393 131,336 15,438 72,641 5,898 1,401,929 1,401,929 2,068,259 795,177 561,084 234,094 539,189 209,391 329,798 1,334,366 23,118,472 22,017,086 1,101,386 23,118,472 Volume (USD mm) 73,112,661 Q4 2021 ADV (USD mm) 345,517 135,027 30,999 175,504 3,987 383,514 200,495 182,152 867 729,031 8,846 2,838 2,017 665 313 1,597 183 1,141 91 9,886 9,886 18,732 8,579 6,136 2,443 7,407 3,455 3,952 15,986 350,803 336,820 13,984 350,803 ADV (USD mm) 1,114,552 Volume (USD mm) 21,489,844 8,371,666 1,983,966 10,881,259 252,953 24,138,900 12,639,759 11,445,372 53,769 45,628,744 550,610 175,976 125,052 41,239 19,412 102,180 11,374 69,587 5,790 Other Credit Bonds: Other developed market (including non-TRACE-reported bonds, preferreds and structured notes), developing and emerging market corporate and government bonds. Credit Swaps: Index and single name credit default swaps. ETF: Exchange traded funds (ETFs), ETF leg of EFPs, and net asset value trades. 623,015 623,015 1,173,625 549,052 392,680 156,373 474,029 221,114 252,915 1,023,081 21,888,973 21,021,413 867,560 21,888,973 Volume (USD mm) 69,714,423 Convertibles/Swaps/Options: Convertible bonds, equity swaps, call and put strategies, and other equity derivatives excluding futures. Equities Futures: Equity futures including the futures leg of EFPs. Other Money Markets: Agency discount notes, commercial paper, certificates of deposits (including structured CDs), and deposits. Starting in February 2019, Canadian Commercial Paper effected on Tradeweb by non-Canadian clients have been added to these volumes. Q1 2021 ADV (USD mm) 378,750 115,375 31,613 226,368 5,393 287,477 182,088 104,542 847 666,227 10,383 2,864 2,718 458 362 2,066 204 1,594 118 16.690 16,690 27,072 9,022 6,046 2,976 7,154 3,054 4,101 16,176 349,517 335,520 13,996 349,517 ADV (USD mm) 1,058,992 Volume (USD mm) 23,169,513 7,037,857 1,991,630 13,808,465 331,561 17,771,122 11,262,405 6,457,053 51,663 40,940,635 632,811 174,692 165,769 27,928 22,058 130,134 12,465 92,457 7,307 1,033,323 1,033,323 1,666,133 556,282 368,822 187,459 439,390 189,032 250,358 995,672 21,474,112 20,618,692 855,420 21,474,112 Volume (USD mm) 65,076,553 Tradeweb QoQ ADV 12.15% 10.77% 25.61% 10.45% 29.07% -5.86% 5.02% -18.51% 137.60% 2.68% 22.02% 8.86% 40.72% 16.60% 30.81% 30.57% 35.73% 9.79% 2.92% 126.79% 126.79% 77.31% 48.80% 47.50% 52.08% 17.24% -2.47% 34.46% 34.18% 5.97% 5.10% 26.99% 5.97% QoQ 5.42% YoY Volumes for Mortgages represent current face value at time of trade. Volumes can reflect cancellations and corrections that occur after prior postings. U.S. government bond volumes have been updated as a result of a reclassification of certain U.S. Treasury transactions. ADV 2.31% 29.63% 23.18% -14.37% -4.59% 25.59% 15.63% 41.98% 143.31% 12.35% 3.96% 7.89% 4.44% 69.40% 13.26% 0.92% 21.85% -21.43% -20.10% 34.34% 34.34% 22.69% 41.50% 49.67% YoY 24.88% 21.37% 10.35% 29.57% 32.59% 6.36% 5.51% 26.88% 6.36% 10.95% VOLUMES Volumes include Tradeweb, Dealerweb and Tradeweb Direct. Except with respect to U.S. Treasuries, both sides of a trade are included in volume totals where the trade is fully-anonymous and a Tradeweb broker-dealer is the matched principal counterparty. Riskless principal trades on Tradeweb Direct are single-count. All volumes converted to U.S. Dollars. ¹ U.S. government bonds volumes include wholesale U.S. Treasury volumes from the Nasdaq Fixed Income business Tradeweb acquired on June 25, 2021. 4Q21 and 3Q21 include a full quarter of volumes.

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