XML 43 R1.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Document and Entity Information - USD ($)
$ in Billions
12 Months Ended
Dec. 31, 2019
Feb. 14, 2020
Jun. 28, 2019
Document Type 10-K/A    
Document Period End Date Dec. 31, 2019    
Entity Registrant Name Tradeweb Markets Inc.    
Entity Well-known Seasoned Issuer No    
Entity Voluntary Filers No    
Entity Current Reporting Status Yes    
Entity Filer Category Non-accelerated Filer    
Entity Interactive Data Current Yes    
Entity Small Business false    
Entity Emerging Growth Company true    
Entity Ex Transition Period true    
Entity Shell Company false    
Entity Public Float     $ 4.5
Entity Central Index Key 0001758730    
Current Fiscal Year End Date --12-31    
Document Fiscal Year Focus 2019    
Document Fiscal Period Focus FY    
Amendment Flag true    
Amendment Description This Amendment on Form 10-K/A (the "Amended Report") amends and restates the Annual Report on Form 10-K for the year ended December 31, 2019 (the "Original Report") filed by Tradeweb Markets Inc. (the "Company") on February 21, 2020. The Company discovered that, due to a clerical error, the Original Report was inadvertently filed in lieu of the final version of the Company's Annual Report on Form 10-K. This Amended Report is the final version of the Company's Annual Report on Form 10-K for the year ended December 31, 2019 (including exhibits) that was originally intended to be filed and corrects clerical errors included in the Original Report.  Among others, these include:the inclusion of an inadvertently omitted paragraph under Part I, Item 3 "Legal Proceedings - IDC Matter;"conforming changes to the figures for total assets and total equity/members' capital as of December 31, 2019 in Part II, Item 6 "Selected Financial Data" corresponding to the amounts presented in the Consolidated Statement of Financial Condition as of December 31, 2019;the inclusion of an inadvertently omitted subsection entitled "Credit Risk" under Part II, Item 7A "Quantitative and Qualitative Disclosures About Market Risk;"the deletion of "(Unaudited)" from the heading of the Consolidated Statements of Changes in Equity in Part II, Item 8 "Financial Statements and Supplementary Data;"the deletion of "(Unaudited)" from the heading of the Table of Contents for the Notes to Consolidated Financial Statements in Part II, Item 8 "Financial Statements and Supplementary Data;"a correction to the amount of the recorded right-of-use assets in "Note 2 - Summary of Significant Accounting Policies - Recent Accounting Pronouncements - Adopted" to the Company's audited consolidated financial statements;a correction to the amount of the software development costs capitalized for the year ended December 31, 2019 in "Note 8 - Software Development Costs" to the Company's audited consolidated financial statements; andcorrections to the amount of an assumed deferred tax benefit and the amount of uncertain tax positions as of December 31, 2019 in "Note 9 - Income Taxes" to the Company's audited consolidated financial statements. Previously reported amounts in the Company's audited consolidated financial statements included in the Original Report did not include any clerical errors and are identical to corresponding amounts in the Company's audited consolidated financial statements included in this Amended Report, other than the corrections to the notes to the financial statements described above.  Unless expressly noted otherwise, the disclosures in this Amended Report continue to speak as of the date of the Original Report, and do not reflect events occurring after the filing of the Original Report.    
Class A common stock      
Entity Common Stock, Shares Outstanding   70,212,713  
Class B common stock      
Entity Common Stock, Shares Outstanding   96,933,192  
Class C common stock      
Entity Common Stock, Shares Outstanding   7,389,983  
Class D common stock      
Entity Common Stock, Shares Outstanding   49,873,346