UBS Maintains Buy Rating for Tradeweb Markets: Here's What You Need To Know

 

UBS Maintains Buy Rating for Tradeweb Markets: Here's What You Need To Know

Shares of Tradeweb Markets are trading up 2.66% over the last 24 hours, at $84.63 per share.

A move to $100.00 would account for a 18.16% increase from the current share price.

Founded in 1998 and headquartered in New York City, Tradeweb Markets is a leading fixed-income trading platform. While it does offer electronic processing for some voice-negotiated trades, the company focuses primarily on providing electronic trading networks that connect broker/dealers, institutional clients, and retail customers. 

While the company offers trading in a wide variety of products, the bulk of its business is in U.S. and European government debt, mortgage-backed securities, interest-rate swaps, and U.S. and international corporate bonds. The firm also sells fixed-income trading and price data, primarily through a deal with Refinitiv's Eikon service.