Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Assets
Cash and cash equivalents	$ 677,352	$ 460,711
Restricted cash	1,000	1,000
Receivable from brokers and dealers and clearing organizations	57,346	30,641
Deposits with clearing organizations	10,163	9,724
Accounts receivable, net of allowance for credit losses of $120 and $195 at September 30, 2020 and December 31, 2019, respectively	97,783	92,814
Furniture, equipment, purchased software and leasehold improvements, net of accumulated depreciation and amortization	33,428	40,405
Right-of-use assets	28,073	24,504
Software development costs, net of accumulated amortization	169,877	173,086
Goodwill	2,694,797	2,694,797
Intangible assets, net of accumulated amortization	1,206,886	1,281,441
Receivable from affiliates	36	2,525
Deferred tax asset	516,051	256,450
Other assets	44,561	27,236
Total assets	5,537,353	5,095,334
Liabilities
Payable to brokers and dealers and clearing organizations	56,802	30,452
Accrued compensation	101,436	119,415
Deferred revenue	29,857	23,990
Accounts payable, accrued expenses and other liabilities	36,791	32,834
Employee equity compensation payable	1,513	1,048
Lease liability	33,240	30,955
Payable to affiliates	4,977	1,506
Deferred tax liability	20,565	21,572
Tax receivable agreement liability	372,953	240,817
Total liabilities	658,134	502,589
Commitments and contingencies (Note 14)
Stockholders' Equity
Preferred stock, $.00001 par value; 250,000,000 shares authorized; none issued or outstanding	0	0
Additional paid-in capital	3,940,592	3,329,386
Accumulated other comprehensive income	100	1,366
Retained earnings	116,161	47,833
Total stockholders' equity attributable to Tradeweb Markets Inc.	4,056,855	3,378,588
Non-controlling interests	822,364	1,214,157
Total equity	4,879,219	4,592,745
Total liabilities and stockholders' equity	5,537,353	5,095,334
Class A Common Stock
Stockholders' Equity
Common stock	1	1
Class B Common Stock
Stockholders' Equity
Common stock	1	1
Class C Common Stock
Stockholders' Equity
Common stock	0	0
Class D Common Stock
Stockholders' Equity
Common stock	$ 0	$ 1