---
schema_version: "secwatch.filing_event.v1"
accession: "0001758730-25-000171"
form_type: "8-K"
ticker: "TW"
cik: "0001758730"
company_name: "Tradeweb Markets Inc."
filed_at: "2025-10-30T23:59:59+00:00"
generated_at: "2026-05-17T01:23:41.031791+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "medium"
source: SEC EDGAR
---

# Tradeweb Markets and LSEG agree in principle to renew data license for three years

## Summary
- Agreement-in-principle to renew master data license for three-year term, effective retrospectively from Nov 1, 2025.
- Renewal reflects broader and deeper data quality provided by Tradeweb Markets under existing agreement.
- Subject to execution of definitive documentation and Board approval; 12-month transition period commenced via notice on Oct 29, 2025.
- LSEG affiliates are indirect controlling stockholders of Tradeweb Markets.

## SEC filing metadata
- accession: 0001758730-25-000171
- form_type: 8-K
- ticker: TW
- cik: 0001758730
- company_name: Tradeweb Markets Inc.
- filed_at: 2025-10-30T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: medium
- sec_items: 1.01, 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1758730/000175873025000171/0001758730-25-000171-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1758730/000175873025000171/tw-20251029.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001758730-25-000171
- JSON: https://secwatch.observer/filing/0001758730-25-000171.json
- Plain text: https://secwatch.observer/filing/0001758730-25-000171.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.