{
 "ticker": "TW",
 "name": "Tradeweb",
 "url": "https://grantbishop.pages.dev/index/TW",
 "sells": "Tradeweb runs electronic marketplaces where institutional investors trade bonds and other fixed-income securities.",
 "why": "We follow it because AI tools are changing how financial firms like it do their work.",
 "questions": [
  {
   "slug": "finance",
   "question": "How are financial firms changing with AI?",
   "url": "https://grantbishop.pages.dev/index/q/finance"
  }
 ],
 "tests": [
  {
   "id": "W-7",
   "claim": "Businesses keep adopting AI, but the economy-wide productivity lift does not arrive before 2028.",
   "url": "https://grantbishop.pages.dev/claims/ai-productivity-not-before-2028"
  }
 ],
 "reports_next": null,
 "latest_disclosed": {
  "form": "10-Q",
  "filed": "2026-07-30",
  "period": "2026-06-30",
  "url": "https://www.sec.gov/Archives/edgar/data/1758730/000175873026000133/tw-20260630.htm"
 },
 "disclosed": [],
 "check": "Checked against the company's own business description in its latest annual filing.",
 "log": [
  {
   "date": "2026-10-19",
   "note": "Entry rewritten in plain words: what the company sells, and why we follow it."
  },
  {
   "date": "2026-10-12",
   "note": "Verified against the 10-Q filed 2026-07-30 at launch."
  }
 ],
 "living_report": {
  "report": false,
  "last_revised": null,
  "next_disclosure": null,
  "timeline": [
   {
    "form": "10-Q",
    "filed": "2026-10-29",
    "period": "2026-09-30",
    "url": "https://www.sec.gov/Archives/edgar/data/1758730/000175873026000144/tw-20260930.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2026-10-29",
    "period": "2026-10-29",
    "url": "https://www.sec.gov/Archives/edgar/data/1758730/000175873026000143/tw-20261029.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2026-10-19",
    "period": "2026-10-19",
    "url": "https://www.sec.gov/Archives/edgar/data/1758730/000119312526425378/d140509d8k.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "10-Q",
    "filed": "2026-07-30",
    "period": "2026-06-30",
    "url": "https://www.sec.gov/Archives/edgar/data/1758730/000175873026000133/tw-20260630.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2026-07-30",
    "period": "2026-07-30",
    "url": "https://www.sec.gov/Archives/edgar/data/1758730/000175873026000132/tw-20260730.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2026-05-20",
    "period": "2026-05-19",
    "url": "https://www.sec.gov/Archives/edgar/data/1758730/000175873026000116/tw-20260519.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "10-Q",
    "filed": "2026-04-29",
    "period": "2026-03-31",
    "url": "https://www.sec.gov/Archives/edgar/data/1758730/000175873026000096/tw-20260331.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2026-04-29",
    "period": "2026-04-29",
    "url": "https://www.sec.gov/Archives/edgar/data/1758730/000175873026000095/tw-20260429.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "10-K",
    "filed": "2026-02-05",
    "period": "2025-12-31",
    "url": "https://www.sec.gov/Archives/edgar/data/1758730/000175873026000015/tw-20251231.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2026-02-05",
    "period": "2026-02-05",
    "url": "https://www.sec.gov/Archives/edgar/data/1758730/000175873026000014/tw-20260205.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2026-01-06",
    "period": "2025-12-31",
    "url": "https://www.sec.gov/Archives/edgar/data/1758730/000175873026000008/tw-20251231.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "10-Q",
    "filed": "2025-10-30",
    "period": "2025-09-30",
    "url": "https://www.sec.gov/Archives/edgar/data/1758730/000175873025000172/tw-20250930.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2025-10-30",
    "period": "2025-10-29",
    "url": "https://www.sec.gov/Archives/edgar/data/1758730/000175873025000171/tw-20251029.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "10-Q",
    "filed": "2025-07-30",
    "period": "2025-06-30",
    "url": "https://www.sec.gov/Archives/edgar/data/1758730/000175873025000161/tw-20250630.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2025-07-30",
    "period": "2025-07-30",
    "url": "https://www.sec.gov/Archives/edgar/data/1758730/000175873025000160/tw-20250730.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2025-05-21",
    "period": "2025-05-20",
    "url": "https://www.sec.gov/Archives/edgar/data/1758730/000175873025000145/tw-20250520.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "10-Q",
    "filed": "2025-04-30",
    "period": "2025-03-31",
    "url": "https://www.sec.gov/Archives/edgar/data/1758730/000175873025000108/tw-20250331.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2025-04-30",
    "period": "2025-04-30",
    "url": "https://www.sec.gov/Archives/edgar/data/1758730/000175873025000107/tw-20250430.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2025-03-07",
    "period": "2025-03-06",
    "url": "https://www.sec.gov/Archives/edgar/data/1758730/000175873025000043/tw-20250306.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "10-K",
    "filed": "2025-02-07",
    "period": "2024-12-31",
    "url": "https://www.sec.gov/Archives/edgar/data/1758730/000175873025000038/tw-20241231.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2025-02-06",
    "period": "2025-02-06",
    "url": "https://www.sec.gov/Archives/edgar/data/1758730/000175873025000035/tw-20250206.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2024-12-17",
    "period": "2024-12-11",
    "url": "https://www.sec.gov/Archives/edgar/data/1758730/000175873024000200/tw-20241211.htm",
    "what_it_said": null,
    "from_piece": null
   }
  ],
  "history": []
 },
 "market": {
  "rule": "Each figure is kept only where Massive and Yahoo agree on it to the cent; a figure they do not agree on is null. Dated, not live. The market value and the forward multiple are computed from the close.",
  "last_close": {
   "value": 128.25,
   "currency": "USD",
   "as_of": "2026-11-09",
   "providers": [
    "Massive",
    "Yahoo"
   ]
  },
  "day_range": {
   "low": 125.68,
   "high": 128.48,
   "currency": "USD",
   "as_of": "2026-11-09",
   "providers": [
    "Massive",
    "Yahoo"
   ]
  },
  "range_52_week": {
   "low": 91.42,
   "low_date": "2026-06-25",
   "high": 128.97,
   "high_date": "2026-11-05",
   "sessions": 251,
   "currency": "USD",
   "as_of": "2026-11-09",
   "providers": [
    "Massive",
    "Yahoo"
   ]
  },
  "market_value": null,
  "forward_multiple": null,
  "checked_at": "2026-11-10 11:00:40"
 },
 "exhibits": null,
 "mentions": [],
 "note": "Prices on this page are dated market records, shown free during the preview, each confirmed by two independent data providers. None is a recommendation.",
 "license": "Free to cite with a link."
}