The move comes less than a year after the firm's parent company, Refinitiv, was acquired by the Blackstone Group. : The IPO is going to be led by JP Morgan, Goldman Sachs, Citigroup and Morgan Stanley according to that regulatory filing. A report published by Bloomberg, citing unnamed sources, said that TradeWeb is likely to be valued at around $5 billion. In 2018, the company had a net income of $159.5 million and revenue of $684.4 million. That was compared to $83.6 million in net income on revenue of $563 million in 2017.