NEW YORK–(BUSINESS WIRE)–Tradeweb Markets, a leading, global operator of electronic marketplaces
for rates, credit, money markets and equities, today announced that
Tradeweb Markets Inc. has filed a registration statement on Form S-1
with the Securities and Exchange Commission for a proposed initial
public offering of its Class A common stock. The number of shares to be
offered and the price range for the offering have not yet been
determined. Tradeweb intends to list its Class A common stock on the
NASDAQ Global Select Market under the ticker symbol “TW.”
Tradeweb intends to use the net proceeds from the offering to purchase
equity interests from certain existing owners. Refinitiv will continue
to own a controlling interest in Tradeweb following the offering.
J.P. Morgan, Citigroup, Goldman Sachs & Co. LLC and Morgan Stanley are
acting as the joint book-running managers for the offering.
The proposed offering of these securities will be made only by means of
a prospectus. When available, a copy of the preliminary prospectus
relating to the proposed initial public offering may be obtained from
J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155
Long Island Avenue, Edgewood, New York 11717, by email at prospectus-eq_fi@jpmchase.com
or toll-free at (866) 803-9204; Citigroup Global Markets Inc.,
Attention: Prospectus Department, c/o Broadridge Financial Solutions,
1155 Long Island Avenue, Edgewood, New York 11717, or by telephone at
(800) 831-9146; Goldman Sachs & Co. LLC, Attention: Prospectus
Department, 200 West Street, New York, New York 10282, by email at prospectus-ny@ny.email.gs.com
or by telephone at (866) 471-2526; or Morgan Stanley & Co. LLC,
Attention: Prospectus Department, 180 Varick Street, Second Floor, New
York, New York 10014.
A registration statement relating to these securities has been filed
with the Securities and Exchange Commission but has not yet become
effective. These securities may not be sold nor may offers to buy be
accepted prior to the time the registration statement becomes effective.
This news release shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of these
securities in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.
About Tradeweb Markets
Tradeweb Markets is a leading, global operator of electronic
marketplaces for rates, credit, money markets and equities. Founded in
1996, Tradeweb provides access to markets, data and analytics,
electronic trading, straight-through-processing and reporting for more
than 40 products to clients in the institutional, wholesale and retail
markets. Advanced technologies developed by Tradeweb enhance price
discovery, order execution and trade workflows while allowing for
greater scale and helping to reduce risks in client trading operations.
Tradeweb serves approximately 2,500 clients in more than 60 countries.
In an average trading day, Tradeweb facilitates more than $540 billion
in notional value.
Contacts
Investor Relations:
Ashley Serrao
+1 (646) 430-6000
Ashley.Serrao@Tradeweb.com
Media
Relations:
Jonathan Mairs
+1 (646) 430-6176
Jonathan.Mairs@Tradeweb.com
