Tradeweb and LSEG sign two-year market data licensing deal with exclusive distribution rights

Tradeweb Markets Inc.

New two-year market data licensing agreement with LSEG (Refinitiv) effective Nov 1, 2023, replacing prior pact.
LSEG will distribute Tradeweb fixed income data sets on an exclusive basis for certain products.
Tradeweb expects increased revenue and flexibility; agreement includes fixed fees and revenue share.

item 1.01 item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Tradeweb Markets Inc. reported financial results for the quarter ended September 30, 2023.

Period: the quarter ended September 30, 2023
Result: reported results

Exact text from the filing

On October 26, 2023, Tradeweb Markets Inc. (the “Company”) issued a press release, a copy of which is furnished as Exhibit 99.1 hereto and incorporated herein by reference, announcing financial results for the quarter ended September 30, 2023.

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Tradeweb Markets Inc. entered into Master Data Agreement with Refinitiv US LLC and Refinitiv US Organization LLC valued at Tradeweb Markets LLC will license certain data sets to Refinitiv Subscriber in exchange for fixed li (effective 2023-11-01).

Action: entry
Agreement: license
Counterparty: Refinitiv US LLC and Refinitiv US Organization LLC
Value: Tradeweb Markets LLC will license certain data sets to Refinitiv Subscriber in exchange for fixed li
Effective: 2023-11-01

Exact text from the filing

On October 25, 2023, Tradeweb Markets LLC (“Tradeweb Markets”), a wholly owned subsidiary of Tradeweb Markets Inc. (the “Company”) entered into a master data license agreement (the “Master Data Agreement”) with Refinitiv US LLC and Refinitiv US Organization LLC (together, the “Refinitiv Parties”), which effective as of November 1, 2023 amends and restates in its entirety the Second Amended and Restated Market Data Agreement, dated November 1, 2018, by and among Tradeweb Markets and the Refinitiv Parties, as amended.

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Tradeweb Markets Inc. amended Second Amended and Restated Market Data Agreement with Refinitiv US LLC and Refinitiv US Organization LLC valued at The Master Data Agreement amends and restates in its entirety the Second Amended and Restated Market (effective 2023-11-01).

Action: amendment
Agreement: license
Counterparty: Refinitiv US LLC and Refinitiv US Organization LLC
Value: The Master Data Agreement amends and restates in its entirety the Second Amended and Restated Market
Effective: 2023-11-01

Exact text from the filing

On October 25, 2023, Tradeweb Markets LLC (“Tradeweb Markets”), a wholly owned subsidiary of Tradeweb Markets Inc. (the “Company”) entered into a master data license agreement (the “Master Data Agreement”) with Refinitiv US LLC and Refinitiv US Organization LLC (together, the “Refinitiv Parties”), which effective as of November 1, 2023 amends and restates in its entirety the Second Amended and Restated Market Data Agreement, dated November 1, 2018, by and among Tradeweb Markets and the Refinitiv Parties, as amended.

View on SEC.gov

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Tradeweb Markets Inc. filing history →

Source: SEC EDGAR

accession 0001758730-23-000168

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