Tradeweb Markets, an electronic trading platform backed by Blackstone and Thomson Reuters, raised $1.1 billion by offering 40 million shares at $27, above the range of $24 to $26. The company last filed to offer 36.3 million shares.
Tradeweb Markets plans to list on the Nasdaq under the symbol TW. J.P. Morgan, Citi, Goldman Sachs, Morgan Stanley, BofA Merrill Lynch, Barclays, Credit Suisse, Deutsche Bank, UBS Investment Bank and Wells Fargo Securities acted as lead managers on the deal.
