Tradeweb Markets Inc. announced operating results for the month, fourth quarter and full year ending December 2022. For the month, the company reported total trading volume of $21.2 trillion (tn). Average daily volume (ADV) for the month was $1.02 trillion, an increase of 11.6% year-over-year (YoY).
For the fourth quarter of 2022, total trading volume was $65.8 trillion and ADV was $1.07 trillion, a decrease of 4.1% YoY, with preliminary average variable fees per million dollars of volume traded of $3.00.
For the year, the company reported ADV up 9.9% YoY.