- Tradeweb, which runs electronic markets in bonds, derivatives and ETFs, held its initial public offering on April 4, raising over $US1 billion.
- Billy Hult, president of Tradeweb, chatted with Matt Turner, Business Insider’s executive editor, after the company went public.
For all the companies considering a move into the public markets, of which there are many, Billy Hult has some advice.
Hult, who is president of Tradeweb, recently wrapped up taking his own company public. Tradeweb, which runs electronic markets in bonds, derivatives and ETFs, went live on Nasdaq on April 4.
“You gotta pace yourself,” Hult told Matt Turner, Business Insider’s executive editor, in an interview on the day of the listing. “It was a whirlwind.”
With Tradeweb’s listing, Hult said awareness around the company has been raised, which gives it the potential to do more things.
“I think the recognition and the brand of the company is gonna change. I think that’s a good thing,” Hult said. “It’s obviously gonna give us a currency in the market and allow us to look at interesting things, so I think it’s gonna do a lot of positive things for the company.”
You can read the full transcript of the conversation here. Watch the video here: