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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Assets    
Cash and cash equivalents $ 389,930 $ 410,104
Restricted cash 1,200 1,200
Receivable from brokers and dealers and clearing organizations 747,660 174,591
Deposits with clearing organizations 12,101 11,427
Accounts receivable, net of allowance 95,398 87,192
Furniture, equipment, purchased software and leasehold improvements, net of accumulated depreciation and amortization 36,879 38,128
Right-of-use assets 29,038  
Software development costs, net of accumulated amortization 173,066 170,582
Intangible assets, net of accumulated amortization 1,306,293 1,380,848
Goodwill 2,694,797 2,694,797
Receivable from affiliates 3,515 3,243
Deferred tax asset 103,153  
Other assets 29,650 25,027
Total assets 5,622,680 4,997,139
Liabilities    
Securities sold under agreements to repurchase 24,938  
Payable to brokers and dealers and clearing organizations 713,020 171,214
Accrued compensation 94,652 120,158
Deferred revenue 28,557 27,883
Accounts payable, accrued expenses and other liabilities 44,650 42,548
Employee equity compensation payable 714 24,187
Lease liability 33,130  
Payable to affiliates 3,737 5,009
Deferred tax liability 20,620 19,627
Tax receivable agreement liability 171,426  
Total liabilities 1,135,444 410,626
Commitments and contingencies (Note 17)
Mezzanine Capital    
Class C Shares and Class P(C) Shares   14,179
Stockholders' Equity/Members' Capital    
Members’ capital   4,573,200
Additional paid-in capital 2,855,885  
Accumulated other comprehensive income (loss) (1,854) (866)
Retained earnings 19,570  
Total stockholders' equity attributable to Tradeweb Markets Inc./members' capital 2,873,603 4,572,334
Non-controlling interests 1,613,633  
Total equity 4,487,236 4,572,334
Total liabilities and stockholders' equity/members' capital 5,622,680 $ 4,997,139
Class B common stock    
Stockholders' Equity/Members' Capital    
Common stock 1  
Total equity 1  
Class D common stock    
Stockholders' Equity/Members' Capital    
Common stock 1  
Total equity $ 1