TRADEWEB MKTS INC

Ticker: TW CUSIP: 892672106 Class: Common Stock

Square Wave Capital, LLC's Holding History (CIK: 0002077145)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 525,600 Value ($000) $56,523 Avg Close $107.35 Range $101.70 - $112.24

Q3 2025

Shares 417,863 Value ($000) $46,374 Avg Close $128.54 Range $109.82 - $147.49

Q2 2025

Shares 106,870 Value ($000) $15,646 Avg Close $139.53 Range $119.44 - $152.65

Q1 2025

Shares 106,274 Value ($000) $15,777 Avg Close $132.91 Range $122.31 - $148.98

Q4 2024

Shares 99,113 Value ($000) $12,976 Avg Close $131.89 Range $122.28 - $141.69

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	525,600	$56,523	$107.35	$101.70 - $112.24
Q3 2025	417,863	$46,374	$128.54	$109.82 - $147.49
Q2 2025	106,870	$15,646	$139.53	$119.44 - $152.65
Q1 2025	106,274	$15,777	$132.91	$122.31 - $148.98
Q4 2024	99,113	$12,976	$131.89	$122.28 - $141.69