VOL. XCIV, NO. 247
★ WIDE MOAT STOCKS COMPARISON ★
NO ADVICE
Wednesday, January 7, 2026
Stock Comparison
Thomson Reuters Corporation vs Tradeweb Markets Inc.
Compare moat strength, market structure, and segment coverage to understand how each company defends its edge.
Thomson Reuters Corporation
TRI · Toronto Stock Exchange
Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.
Full stock profile
Dive deeper into Thomson Reuters Corporation's moat claims, evidence, and risks.
View TRI analysisTradeweb Markets Inc.
TW · Nasdaq Global Select Market
Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.
Full stock profile
Dive deeper into Tradeweb Markets Inc.'s moat claims, evidence, and risks.
View TW analysisComparison highlights
- Moat score gap: Thomson Reuters Corporation leads (84 / 100 vs 70 / 100 for Tradeweb Markets Inc.).
- Segment focus: Thomson Reuters Corporation has 5 segments (40.1% in Legal Professionals); Tradeweb Markets Inc. has 6 segments (52.4% in Rates).
- Primary market structure: Duopoly vs Oligopoly. Pricing power: Strong vs Moderate.
- Moat breadth: Thomson Reuters Corporation has 4 moat types across 3 domains; Tradeweb Markets Inc. has 7 across 4.
Primary market context
Thomson Reuters Corporation
Legal Professionals
Legal research and legal workflow software
Global
Law firms, corporate legal departments, and governments
Subscription software + proprietary legal content
40.1%
Tradeweb Markets Inc.
Rates
Electronic dealer-to-client and all-to-all trading in rates (government bonds, mortgages/TBA MBS, interest rate swaps)
Global
Institutional, wholesale dealers, and retail via ATS
Electronic marketplace / trading venue
52.4%
Side-by-side metrics
Moat coverage
Shared moat types
Thomson Reuters Corporation strengths
Tradeweb Markets Inc. strengths
Segment mix
Thomson Reuters Corporation segments
Full profile >Legal Professionals
Duopoly
Corporates
Oligopoly
Tax & Accounting Professionals
Oligopoly
Reuters News
Oligopoly
Global Print
Competitive
Tradeweb Markets Inc. segments
Full profile >Rates
Oligopoly
Credit
Oligopoly
Equities
Competitive
Money Markets
Oligopoly
Market Data
Competitive
Other
Competitive
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View expansion-stage stocksCuration & Accuracy
This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).
Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.