Tradeweb Sees an 13.9% Increase YoY in Revenue of Q2 2022

Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, reported financial results for the quarter ended June 30, 2022.

• $297.1 million quarterly revenues increased 13.9% (17.8% on a constant currency basis) compared to prior year period.

• $1.2 trillion average daily volume ("ADV") for the quarter, an increase of 20.4% compared to prior year period, with record ADV in swaps/swaptions ≥ 1-year; fully electronic U.S. High Grade; Municipal Bonds and Repurchase Agreements.

• $81.6 million net income and $111.7 million adjusted net income forthe quarter, increases of 23.2% and 19.3% respectively from prior yearperiod.

• 52.4% adjusted EBITDA margin and $155.6 million adjusted EBITDAfor the quarter, compared to 50.6% and $131.9 million respectively for prior year period.

• $0.33 diluted earnings per share ("Diluted EPS") for the quarter and $0.47 adjusted diluted earnings per share.

• $0.08 per share quarterly cash dividend declared; $9.0 million of shares repurchased.