Tradeweb just went public at a $7.5 billion valuation. The company's president told us about the IPO process, electronic markets going mainstream, and what it means to be a public company

, raising over $1 billion.

Tradeweb's move to the public market is the latest in what has been an interesting ownership structure for the company over the years. "We felt like the businesses had gotten mature enough," he said."We've had these great partners over the years and we feel really confident we're gonna continue to have great partners, but we just felt like this was the right time for us."

It was a whirlwind. We just got back from our roadshow really on Tuesday evening. We started in Boston, and we went to the west coast, San Francisco, LA, Denver, Kansas City, Chicago. It's a pretty cool thing though to kind of deliver the message and really deliver the message of your company.

The clients are getting so much more sophisticated in terms of how they engage with the market. We have a new functionality that we call AIX, which was a pretty nice hit as we talked about it on the road. That's allowing clients to find liquidity more efficiently and more easily out in the marketplace. It's a search, right?

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Source: BusinessInsider - 🏆 729. / 51 Read more »