Tradeweb Markets Inc. (NASDAQ:TW) Q2 2023 Results Conference Call July 27, 2023 9:30 PM ET

Company Participants

Ashley Serrao - Head of Treasury, FP&A and IR

Billy Hult - CEO

Tom Pluta - President

Sara Furber - CFO

Conference Call Participants

Andrew Bond - Rosenblatt Securities

Patrick Moley - Piper Sandler

Benjamin Budish - Barclays

Chris Allen - Citi

Daniel Fannon - Jefferies LLC

Alexander Blostein - Goldman Sachs

Kyle Voigt - KBW

Alex Kramm - UBS

Ken Worthington - JP Morgan

Michael Cyprys - Morgan Stanley

Brian Bedell - Deutsche Bank

Operator

Good day and thank you for standing by. [Operator Instructions] I'd now like to turn the conference over to your speaker today.

Unidentified Company Representative

Good morning and welcome to Tradeweb’s second quarter 2023 earnings conference call. As a reminder, today’s call is being recorded and will be available for playback.

To begin, I’ll turn the call over to Head of Treasury, FP&A and Investor Relations, Ashley Serrao. Please go ahead.

Ashley Serrao

Thank you and good morning.

Joining me today for the call are our CEO, Billy Hult, who will review the highlights for the quarter and provide a brief business update; our President, Tom Pluta, who will dive a little deeper into some growth initiatives and our CFO, Sara Furber, who will review our financial results. We intend to use the website as a means of disclosing material, non-public information and complying with our disclosure obligations under Regulation FD.

I'd like to remind you that certain statements in this presentation and during the Q&A may relate to future events and expectations, and as such, constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements related to, among other things, our guidance are forward-looking statements. Actual results may differ materially from these forward-looking statements. Information concerning factors that could cause actual results to differ from forward-looking statements is contained in our earnings release, presentation and periodic reports filed with the SEC.

In addition, on today’s call we will reference certain non-GAAP measures as well as certain market and industry data. Information regarding these non-GAAP measures, including reconciliations to GAAP measures, is in our earnings release and presentation. Information regarding market and industry data, including sources, is in our earnings presentation.

Now, let me turn the call over to Billy.

Billy Hult

Thanks, Ashley. Good morning everyone, and thank you for joining our second quarter earnings call.