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Tradeweb Boosts IPO Size, Aims to Raise Up to $942.5 Million

April 2, 2019, 1:56 PM

Tradeweb Markets Inc. increased the number of shares on offer in its initial public offering, upping the amount it’s aiming to raise to as much as $942.5 million.

The bond and derivative platform, which is part owned by financial-data platform Refinitiv, is marketing 36.25 million shares for $24 to $26 each, having previously offered 27.3 million shares, according to a filing April 2. The price range is unchanged.

The listing, on the Nasdaq Global Select Market, is being led by JPMorgan Chase & Co., Citigroup Inc., Goldman Sachs Group Inc. and Morgan Stanley. Tradeweb’s shares will trade under the symbol ...

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