May. 18 at 10:25 PM
$TW is the electronic backbone of global bond trading —
$3.3 trillion in average daily volume, interest rate swaps, ETFs, repos, emerging market debt all flowing through their platform
Q1 2026: first ever
$600M+ quarter, revenue up 21%, net income up 38%, swaps up 45%, automation trades up 70%, Canton tokenized repo generating real revenue
Stock selling off from
$126 to
$112 on a beat-and-slight-revenue-miss and sitting right on horizontal support
🐂 Hold
$112.17. Reclaim
$116.
$122 next.
$130 above.
🐻 Lose
$112.
$104 next.
$96.93 lows back in play.
⚠️ April ADV ahead of last year but revenue per dollar compressing. Expense growth accelerating. Those are the two real near-term risks.
#TW #Tradeweb #FinancialInfrastructure #Bonds #hovdid