What Does the Tradeweb–Kalshi Deal Include? Tradeweb Markets Inc. (Nasdaq: TW) has entered into a strategic partnership with Kalshi and taken a minority stake in the regulated prediction market operator, the companies said. The agreement is designed to expand institutional access to Kalshi’s event-based market data and explore new infrastructure for trading event contracts through Tradeweb’s electronic platform. Tradeweb operates electronic marketplaces across rates, credit, equities, and money markets, fa ...

Core Insights - Tradeweb Markets Inc. has appointed Rich Chun as Managing Director, Head of Asia, to enhance its operations in the Asia Pacific region [1] - Mr. Chun will be based in Hong Kong and will focus on business operations, client engagement, and strategic growth initiatives [1] - Rich Chun has over three decades of experience as a fixed income investor and trading leader [1]

Core Insights - ClearBridge Investments' "ClearBridge Mid Cap Growth Strategy" reported modest gains in Q3 2025, outperforming the Russell Midcap Growth Index which returned 2.8% [1] - The strategy is positioned to benefit from a fundamental, bottom-up investment philosophy despite near-term volatility [1] Company Performance - Tradeweb Markets Inc. (NASDAQ:TW) experienced a one-month return of -7.76% and a 52-week decline of 18.49%, closing at $108.77 per share with a market capitalization of $23.761 billion on October 9, 2025 [2] - Tradeweb was identified as the largest detractor in the financial sector for ClearBridge, with slowing market share gains against competitors despite strong core business fundamentals [3] Financial Highlights - In Q2 2025, Tradeweb reported record revenues of $513 million, reflecting a year-on-year increase of 26.7% on a reported basis and 24.7% on a constant currency basis [4] - Tradeweb is not among the 30 most popular stocks among hedge funds, with 34 hedge fund portfolios holding its shares at the end of Q2 2025, a slight decrease from 35 in the previous quarter [4]