Wondering if Tradeweb Markets at around $107 is a bargain or a bubble? Let us break down what the market is really pricing in and whether that lines up with the underlying business.
The stock is down about 1% over the last week, 2.3% over the past month, and roughly 18.5% year to date, but it is still up around 68.6% over three years and 65.3% over five years. Long term holders are still sitting on solid gains.
Recent headlines have focused on Tradeweb expanding its electronic trading footprint and deepening partnerships with major institutions. This reinforces its role at the center of bond and derivatives markets. At the same time, chatter around shifting liquidity patterns and regulatory scrutiny of market structure has kept…