Latest news with #Tradeweb
Finextra
a day ago
- Business
- Finextra
Tradeweb appoints Sherry Marcus from AWS as head of AI
Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today announced the appointment of Sherry Marcus as Head of Artificial Intelligence (AI). 0 Building on Tradeweb's strong foundation utilizing AI to enhance price discovery, dealer selection and analytics, Ms. Marcus will lead the next generation of Tradeweb's AI strategy serving more than 3,000 institutional, wholesale, retail advisory and corporate clients around the world. In this newly-created global role, she will report to Tradeweb Chief Technology Officer Justin Peterson. Ms. Marcus joins Tradeweb from Amazon Web Services, where she led the 300-person science and data team behind Amazon Bedrock, the company's flagship generative AI platform serving hundreds of thousands of enterprise customers. Previously, she was a Managing Director, Data and AI at BlackRock, creating a global AI office and leading the AI Leadership & Transformation team. Prior to this role, Ms. Marcus held various senior positions across financial services, including serving as Chief Data Analytics Officer at Millennium Partners and Global Head, Big Data Analytics at Credit Suisse. Tradeweb's Chief Technology Officer, Justin Peterson, commented: 'Sherry Marcus is an influential voice on AI and financial markets, and we're excited to welcome her to Tradeweb. With AI continuing to evolve at breakneck speed, Sherry's impressive track record leading strategic, data-driven initiatives at top asset managers will be a strong asset to our team. We look forward to collaborating with her as Tradeweb scales its electronic solutions and continues to innovate with our clients.' Ms. Marcus serves as Vice President and sits on the board of the MIT Club of New York. She is also on the board of the Allen Brain Institute, the Carnegie Mellon Computational Finance Department and acts as an advisor to the NYC Gen AI Council. Previously, she was a member of the NSA Advisory Board as well as the Science Board at the National Counter Terrorism Center. Ms. Marcus received her bachelor's in Applied Mathematics from Cornell University and her Ph.D. in Mathematics from MIT.
Business Wire
5 days ago
- Business
- Business Wire
Tradeweb Appoints Sherry Marcus as Head of AI
NEW YORK--(BUSINESS WIRE)--Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today announced the appointment of Sherry Marcus as Head of Artificial Intelligence (AI). 'With AI continuing to evolve at breakneck speed, Sherry's impressive track record leading strategic, data-driven initiatives at top asset managers will be a strong asset to our team." Building on Tradeweb's strong foundation utilizing AI to enhance price discovery, dealer selection and analytics, Ms. Marcus will lead the next generation of Tradeweb's AI strategy serving more than 3,000 institutional, wholesale, retail advisory and corporate clients around the world. In this newly-created global role, she will report to Tradeweb Chief Technology Officer Justin Peterson. Ms. Marcus joins Tradeweb from Amazon Web Services, where she led the 300-person science and data team behind Amazon Bedrock, the company's flagship generative AI platform serving hundreds of thousands of enterprise customers. Previously, she was a Managing Director, Data and AI at BlackRock, creating a global AI office and leading the AI Leadership & Transformation team. Prior to this role, Ms. Marcus held various senior positions across financial services, including serving as Chief Data Analytics Officer at Millennium Partners and Global Head, Big Data Analytics at Credit Suisse. Tradeweb's Chief Technology Officer, Justin Peterson, commented: 'Sherry Marcus is an influential voice on AI and financial markets, and we're excited to welcome her to Tradeweb. With AI continuing to evolve at breakneck speed, Sherry's impressive track record leading strategic, data-driven initiatives at top asset managers will be a strong asset to our team. We look forward to collaborating with her as Tradeweb scales its electronic solutions and continues to innovate with our clients.' Ms. Marcus serves as Vice President and sits on the board of the MIT Club of New York. She is also on the board of the Allen Brain Institute, the Carnegie Mellon Computational Finance Department and acts as an advisor to the NYC Gen AI Council. Previously, she was a member of the NSA Advisory Board as well as the Science Board at the National Counter Terrorism Center. Ms. Marcus received her bachelor's in Applied Mathematics from Cornell University and her Ph.D. in Mathematics from MIT. About Tradeweb Markets Tradeweb Markets Inc. (Nasdaq: TW) is a leading, global operator of electronic marketplaces for rates, credit, equities and money markets. Founded in 1996, Tradeweb provides access to markets, data and analytics, electronic trading, straight-through-processing and reporting for more than 50 products to clients in the institutional, wholesale, retail and corporates markets. Advanced technologies developed by Tradeweb enhance price discovery, order execution and trade workflows while allowing for greater scale and helping to reduce risks in client trading operations. Tradeweb serves more than 3,000 clients in more than 85 countries. On average, Tradeweb facilitated more than $2.2 trillion in notional value traded per day over the past four fiscal quarters. For more information, please go to Forward-Looking Statements This release contains forward-looking statements within the meaning of the federal securities laws. Statements related to, among other things, our outlook and future performance, the industry and markets in which we operate, our expectations, beliefs, plans, strategies, objectives, prospects and assumptions and future events are forward-looking statements. We have based these forward-looking statements on our current expectations, assumptions, estimates and projections. While we believe these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond our control. These and other important factors, including those discussed under the heading 'Risk Factors' in the documents of Tradeweb Markets Inc. on file with or furnished to the SEC, may cause our actual results, performance or achievements to differ materially from those expressed or implied by these forward-looking statements. Given these risks and uncertainties, you are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements contained in this release are not guarantees of future events or performance and future events, our actual results of operations, financial condition or liquidity, and the development of the industry and markets in which we operate, may differ materially from the forward-looking statements contained in this release. In addition, even if future events, our results of operations, financial condition or liquidity, and events in the industry and markets in which we operate, are consistent with the forward-looking statements contained in this release, they may not be predictive of events, results or developments in future periods. Any forward-looking statement that we make in this release speaks only as of the date of such statement. Except as required by law, we do not undertake any obligation to update or revise, or to publicly announce any update or revision to, any of the forward-looking statements, whether as a result of new information, future events or otherwise, after the date of this release.
Yahoo
26-05-2025
- Business
- Yahoo
Strong Volume Trends Lifted Tradeweb Markets (TW) in Q1
Baron Funds, an investment management company, released its 'Baron FinTech Fund' first quarter 2025 investor letter. A copy of the letter can be downloaded here. U.S. equities closed 5% lower in Q1, following a sharp decline in March. Markets started well with the S&P 500 Index reaching new highs. However, concerns about tariffs, inflation, and softer economic growth, along with concerns about AI secular growth, contributed to risk-off conditions. In the first quarter, the fund fell 1.31% (Institutional Shares) compared to a -7.52% return for the FactSet Global FinTech Index (Benchmark) and a -4.27% decline for the S&P 500 index. Since its inception, the fund has appreciated at an annualized rate of 11.27%, compared to a 2.22% return for the Benchmark. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, Baron FinTech Fund highlighted stocks such as Tradeweb Markets Inc. (NASDAQ:TW). Tradeweb Markets Inc. (NASDAQ:TW) is a global financial technology company that builds and operates electronic marketplaces. The one-month return of Tradeweb Markets Inc. (NASDAQ:TW) was 7.64%, and its shares gained 29.73% of their value over the last 52 weeks. On May 23, 2025, Tradeweb Markets Inc. (NASDAQ:TW) stock closed at $145.62 per share with a market capitalization of $31.809 billion. Baron FinTech Fund stated the following regarding Tradeweb Markets Inc. (NASDAQ:TW) in its Q1 2025 investor letter: "Tradeweb Markets Inc. (NASDAQ:TW) operates electronic marketplaces for fixed income securities. Shares rose during the quarter due to strong volume trends driven by favorable market conditions and share gains in key products. Credit products saw accelerating growth with trading volume up 39%, while rates products saw stable trends with 14% growth. In credit, Tradeweb continued to grow faster than the market and its primary electronic trading competitor. We believe Tradeweb can achieve solid growth in a variety of macroeconomic conditions and expect further market share gains to drive long-term upside. We continue to own the stock due to Tradeweb's strong network effects, long track record of innovation, and significant growth opportunities from the ongoing electronification of the capital markets." A commodities trader staring intently at an online trading platform, examining the trading opportunities. Tradeweb Markets Inc. (NASDAQ:TW) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 35 hedge fund portfolios held Tradeweb Markets Inc. (NASDAQ:TW) at the end of the first quarter which was 45 in the previous quarter. While we acknowledge the potential of Tradeweb Markets Inc. (NASDAQ:TW) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In another article, we covered Tradeweb Markets Inc. (NASDAQ:TW) and shared Lakehouse Global Growth Fund's views on the company. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
22-05-2025
- Business
- Yahoo
Trading Stock Nears Buy Point. Here Is Why This Growth Stock Is A Low-Volatility Play.
Tradeweb Markets stock has formed a cup with handle base with a buy point of 149.25. Tradeweb stock is Thursday's selection for IBD 50 Stocks To Watch. The financial services company provides an online marketplace for trading stocks, bonds and money market funds.
Wall Street Journal
19-05-2025
- Business
- Wall Street Journal
U.S. Budget Is Bigger Issue Than Ratings Downgrade; Treasury Yields Rise Further
1208 GMT – Moody's Ratings' downgrade of the U.S. to Aa1 may create near-term volatility, but the U.S. budget is an even bigger concern, says RBC BlueBay Asset Management's Russel Matthews. 'We are at a critical point with the progression of the 10-year plan for the U.S. budget through Congress,' the senior portfolio manager says in a note. How this develops over coming weeks will be critical for markets, he says. RBC BlueBay says there seems to be limited desire or ability for U.S. politicians to present a roadmap for a serious reduction in the fiscal deficit. U.S. Treasury yields extend their rise after the Moody's downgrade, lifting the 30-year yield to an 18-month high of 5.032%, according to Tradeweb. ( 0821 GMT – Treasury yields rise after Moody's Ratings cut the U.S.'s credit rating to Aa1 from Aaa due to rising debt, but significant selling is unlikely, says UBS in a note. Yields could rise by 10-15 basis points in the short term, as they did after the 2023 Fitch downgrade, but the downgrade is unlikely to 'trigger significant selling or changes in collateral haircuts,' it says. Most investment mandates don't require AAA ratings for U.S. Treasurys, and central banks value the Treasury market for its exceptionally deep liquidity, UBS says. Moody's joins S&P Global Ratings and Fitch Ratings, which both stripped the U.S. of its triple-A rating in previous years. The 10-year Treasury yield rises 8 basis points to 4.517%, Tradeweb data show. (
