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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2018
Dec. 31, 2019
Dec. 31, 2019
Dec. 31, 2018
Assets        
Financial Designation, Predecessor and Successor [Fixed List] Successor Successor Successor Successor
Cash and cash equivalents $ 410,104 $ 460,711 $ 460,711 $ 410,104
Restricted cash 1,200 1,000 1,000 1,200
Receivable from brokers and dealers and clearing organizations 174,591 30,641 30,641 174,591
Deposits with clearing organizations 11,427 9,724 9,724 11,427
Accounts receivable, net of allowance 87,192 92,814 92,814 87,192
Furniture, equipment, purchased software and leasehold improvements, net of accumulated depreciation and amortization 38,128 40,405 40,405 38,128
Right-of-use assets   24,504 24,504  
Software development costs, net of accumulated amortization 170,582 173,086 173,086 170,582
Goodwill 2,694,797 2,694,797 2,694,797 2,694,797
Intangible assets, net of accumulated amortization 1,380,848 1,281,441 1,281,441 1,380,848
Receivable from affiliates 3,243 2,525 2,525 3,243
Deferred tax asset   256,450 256,450  
Other assets 25,027 27,236 27,236 25,027
Total assets 4,997,139 5,095,334 5,095,334 4,997,139
Liabilities        
Payable to brokers and dealers and clearing organizations 171,214 30,452 30,452 171,214
Accrued compensation 120,158 119,415 119,415 120,158
Deferred revenue 27,883 23,990 23,990 27,883
Accounts payable, accrued expenses and other liabilities 42,548 32,834 32,834 42,548
Employee equity compensation payable 24,187 1,048 1,048 24,187
Lease liability   30,955 30,955  
Payable to affiliates 5,009 1,506 1,506 5,009
Deferred tax liability 19,627 21,572 21,572 19,627
Tax receivable agreement liability   240,817 240,817  
Total liabilities 410,626 502,589 502,589 410,626
Commitments and contingencies (Note 17)
Mezzanine Capital        
Class C Shares and Class P(C) Shares 14,179     14,179
Stockholders' Equity/Members' Capital        
Members’ capital 4,573,200     4,573,200
Preferred stock, $.00001 par value; 250,000,000 shares authorized; none issued or outstanding
Additional paid-in capital   3,329,386 3,329,386  
Accumulated other comprehensive income (loss) (866) 1,366 1,366 (866)
Retained earnings   47,833 47,833  
Total stockholders' equity attributable to Tradeweb Markets Inc./members' capital 4,572,334 3,378,588 3,378,588 4,572,334
Non-controlling interests   1,214,157 1,214,157  
Total equity 4,572,334 4,592,745 4,592,745 4,572,334
Total liabilities and stockholders' equity/members' capital $ 4,997,139 5,095,334 5,095,334 $ 4,997,139
Class A common stock        
Stockholders' Equity/Members' Capital        
Common stock   1 1  
Total equity   1 1  
Class B common stock        
Stockholders' Equity/Members' Capital        
Common stock   1 1  
Total equity   1 1  
Class D common stock        
Stockholders' Equity/Members' Capital        
Common stock   1 1  
Total equity   $ 1 $ 1  
Tradeweb Markets LLC        
Assets        
Financial Designation, Predecessor and Successor [Fixed List] Successor