Financial Sector Ideas

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>>> Tradeweb Markets Inc. (TW) builds and operates electronic marketplaces in the United States and internationally. The company's marketplaces facilitate trading in a range of asset classes, including rates, credit, money markets, and equities. It offers pre-trade data and analytics, trade execution, and trade processing, as well as post-trade data, analytics, and reporting services. The company provides flexible order and trading systems to institutional investors in 37 markets across 24 currencies. It also offers a range of electronic, voice, and hybrid platforms to approximately 300 dealers and financial institutions on electronic or hybrid markets with Dealerweb platform; and trading solutions for financial advisory companies and traders with Tradeweb Direct platform. The company serves a network of approximately 2,500 clients in the institutional, wholesale, and retail client sectors. Its customers include asset managers, hedge funds, insurance companies, central banks, banks and dealers, proprietary trading companies, retail brokerage and financial advisory companies, and regional dealers. The company was founded in 1996 and is headquartered in New York, New York. Tradeweb Markets Inc. is a subsidiary of BCP York Holdings. <<<


>>> Tradeweb Markets (TW): $1,552.96

Share price on April 3, 2019: $27
Share price on Oct. 22, 2019: $41.93


https://www.msn.com/en-us/money/topstocks/what-dollar1000-invested-in-snap-lyft-and-other-unicorn-ipos-is-worth-today/ss-AAJTj6j#image=16


Tradeweb operates global marketplaces to facilitate the trading of fixed-income securities and derivatives, offering more than 40 products in over 60 countries around the world. The company’s IPO raised more than $1 billion and investors pushed the stock price up 27% from the IPO price the moment they started trading. After peaking in July 2019 at around $50 a share, the stock has fallen back about 20%. Unlike many other recent IPOs, however, Tradeweb is profitable, reporting quarterly net income of $24.8 million in its Aug. 8, 2019, earnings release.

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