Tradeweb Markets Inc. reported total trading volume for December 2024 of $48.2 trillion, with average daily volume (ADV) reaching $2.18 trillion, an increase of 48.9% year-over-year. For the fourth quarter of 2024, total trading volume was $151.7 trillion, and ADV was $2.29 trillion, up 36.7% year-over-year.
The company achieved a record full-year 2024 ADV, which increased by 55.8% year-over-year. Preliminary average variable fees per million dollars of volume traded for Q4 2024 were $2.28. Excluding the impact of the ICD acquisition, full-year 2024 ADV was up 36.6% year-over-year.
CEO Billy Hult noted a record 19.9% share of fully electronic U.S. high grade TRACE in December, highlighting the company's expanding multi-asset strategy and global footprint. Tradeweb also adjusted its methodology for reflecting acquisitions in ADV figures, applying it retroactively to 2024 acquisitions from December 2024.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.