On the Record · Tradeweb Markets
Tradeweb Markets competitors, on the record
The companies Tradeweb Markets itself names as competitors in its annual reports, 2023 to 2025, each with the sentence it appears in and the filing it came from.
Who Tradeweb Markets names
| Company | Named in |
|---|---|
| BGC Partners | 2025 |
| Bloomberg | 2025 |
| CBOE | 2025 |
| CME Group | 2025 |
| ICE | 2025 |
| IHS Markit | 2025 |
| MarketAxess | 2025 |
| TP ICAP | 2025 |
| Tradition | 2025 |
In its own words
BGC Partners, TP ICAP, Tradition
Word for word“Major competitors include TP ICAP, BGC Partners and Tradition.” 10-K for 2025
Bloomberg, ICE
Word for word“For example, Bloomberg and ICE have trading platforms that compete with ours and also have data and analytics relationships with the vast majority of institutional, wholesale and retail market participants.” 10-K for 2025
CBOE, CME Group
Word for word“CME Group and CBOE also operate exchanges that compete with us.” 10-K for 2025
IHS Markit
Word for word“Market data and information providers, such as Bloomberg, IDC (now part of ICE) and IHS Markit, have a pervasive presence across the financial trading community.” 10-K for 2025
MarketAxess
Word for word“These include MarketAxess, Bloomberg, ICE (Bondpoint, TMC Bonds, Creditex), Trumid, TP ICAP (Liquidnet) and others in the credit and municipal markets; Bloomberg, Euronext (MTS), CME Group (NEX Group), BGC Partners (Fenics), MarketAxess (LiquidityEdge), GLMX and others in the rates and derivatives markets; MarketAxess (RFQ-hub) and Bloomberg and others in the equities and ETF markets; and BNY Mellon, State Street, J.P. Morgan (Morgan Money) and Goldman Sachs and others in the money market portal market.” 10-K for 2025
Read from Tradeweb Markets’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-05. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.