Tradeweb Results Presentation Deck
Credit Growth Initiatives
EXPANDING INSTITUTIONAL & WHOLESALE 1,2
Inst.
Client
Count
515
U.S. Investment Grade
7.7%
$1.8B
4.8%
2.9%
1Q18
U.S. High Yield
2.8%
$0.3B
1.6%
1.1%
1Q18
586
$44
0
1Q19
11.3%
$2.9B
7.5%
3.8%
1Q19
3.4%
$0.3B
2.1%
1.3%
690
$453
87
367
36% CAGR
1Q20
15.0%
$4.0B
9.0%
5.9%
1Q20
45% CAGR
4.1%
$0.5B
2.1%
2.0%
1Q20
$1,144
1Q19
1Q21
Fully Electronic Electronically Processed
230
914
722
1Q21
19.5%
$5.7B
INCREASING GLOBAL PORTFOLIO TRADING ADOPTION¹
($ in millions, ADV)
U.S. International
9.3%
10.2%
1Q21
6.9%
$0.8B
3.0%
4.0%
(Share of TRACE
$ in billions, ADV)
783
22.5%
$6.1B
10.5%
12.0%
1Q22
10.9%
$1.2B
3.7%
7.2%
1Q22
$1,428
456
972
1Q22
1. Totals may not foot due to rounding.
2. Share reflects TW high grade and high yield volume, divided by TRACE volume, adjusted by Tradeweb
management to exclude emerging market and convertible bond volumes.
7 ©2022 Tradeweb Markets LLC. All rights reserved.
I
GROWING FOUNDATIONAL U.S. RFQ PROTOCOL
($ in millions, ADV)
$1,600
$1,400
$1,200
$1,000
$800
$600
$400
$200
$0
$453
1Q18
$52 361
45 7
1Q18
$415
All Trade
SOLIDIFYING OUR U.S. DIFFERENTIATORS¹
($ in millions, ADV)
54
$668
87
581
$416
1Q19 1Q20
1Q19
$1,350
191
1,160
$1,641
304
$668
1,337
1Q20
I
1
I
1Q21 1Q22
U.S. Investment Grade
$163
Tradeweb
$1,263
1Q21
$735
NET SPOTTING
1Q18 1Q19
U.S. High Yield
$1,463
$1,096
1Q22
$1,921
1Q 20 1Q21
$1,686
1Q22View entire presentation