Tradeweb Markets Inc. announced that its Board of Directors appointed Rich Repetto as a Class II director, effective March 6, 2025. Mr. Repetto will serve until the 2027 annual meeting of stockholders and has also been appointed to the Audit and Risk Committee.

Mr. Repetto was designated by Refinitiv Parent Limited, Tradeweb’s controlling stockholder, under its director designation rights. He has over 25 years of experience in electronic trading and financial technology, having served as Managing Director and Senior Research Analyst at Piper Sandler Corporation and previously at Sandler O'Neill and Partners. He is currently employed by Cornerstone Financial Technology Management and serves on the Board of Interactive Brokers Group, Inc.

As a board member, Mr. Repetto will receive an annual cash retainer of $100,000, restricted stock units valued at $150,000, and an additional $15,000 for his role on the Audit and Risk Committee, prorated based on service.

The company will enter into its standard indemnification agreement for directors and officers with Mr. Repetto.

Tradeweb Markets Inc. reported strong fourth-quarter and full-year results for 2024. Quarterly revenues reached $463.3 million, a 25.2% increase compared to the previous year. The company saw a 36.7% rise in average daily volume (ADV) to $2.3 trillion, with record ADV in U.S. government bonds, mortgages, and global repurchase agreements. Net income for the quarter rose 54.2% to $159.9 million, while adjusted net income increased 19.2% to $181.2 million. Tradeweb also declared a 20.0% increase in its quarterly cash dividend to $0.12 per share.