Tradeweb completes acquisition of Institutional Cash Distributors (ICD)
08/01/24, 8:18 PM
Location
new yorknew yorkIndustry
retail
analytics
lending
fintech
finance
financial services
Tradeweb Markets Inc. (Nasdaq: TW) has completed the acquisition of Institutional Cash Distributors (ICD), an investment technology provider for corporate treasury organizations trading short-term investments. This acquisition adds corporate treasury professionals as a fourth client channel, complementing Tradeweb's existing focus on institutional, wholesale, and retail clients, and provides access to a $2+ billion addressable market.
Company Info
Location
New York, New York, United States
Company info
Tradeweb Markets Inc. 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 and retail markets.