Tradeweb’s 50% Rally Sets Stage for Questions About Debt Market
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Bond and derivative trading platform Tradeweb Markets Inc. may face fresh scrutiny about debt trading and fierce competition next week, when some Wall Street analysts are poised to roll out their first comments on a stock that’s gained more than 50 percent since its IPO in early April.
The main questions on analysts’ minds likely surround the electronification of debt trading, Bloomberg Intelligence banking and exchanges analyst Paul Gulberg said. They may be assessing how long robust growth rates can continue, and whether Tradeweb can make more inroads into credit trading. There’s also concern about whether brisk growth is attracting “powerful” competition, Gulberg added.