Christopher Allen

Alexander Blostein

Alex Kramm

Benjamin Budish

Daniel Fannon

Michael Cyprys

Patrick Moley

Craig Siegenthaler

Jeffrey Schmitt

Kenneth Worthington

Kyle Voigt

Richard Fellinger

Alex Blostein

Ben Budish

Dan Fannon

Ken Worthington

William Katz

- Tradeweb Markets Inc. reported **record trading volumes** in **September 2025**, with a total of **$63.7 trillion** and an average daily volume (ADV) of **$2.9 trillion**, marking a **10% year-over-year increase**.  **[1758730_43c0fae5a1e145cea035e4f89417e5b2]** 
- For the **third quarter of 2025**, the company also achieved **record volumes** totaling **$172.8 trillion** and an ADV of **$2.6 trillion**, representing an **11.8% rise** compared to the prior year.  **[1758730_43c0fae5a1e145cea035e4f89417e5b2]** 
- Key segments contributing to this growth included **mortgage ADV**, which increased **21.5% year-over-year to $291.9 billion**, **European government bond ADV** surging **27.3%**, and **global repurchase agreement (repo) ADV** growing **19.2% year-over-year to $811.7 billion**.  **[1758730_43c0fae5a1e145cea035e4f89417e5b2]** 
- CEO Billy Hult highlighted **strong client engagement** and **market resilience**, attributing success to various trading tools like RFQ and AiEX despite low rate volatility.  **[1758730_43c0fae5a1e145cea035e4f89417e5b2]**

Tradeweb Markets Reports Record Q3 and September 2025 Trading Volumes

Tradeweb Markets (TW)