10-K Filing

TRADEWEB MARKETS INC. CIK: 1758730 FY 2021

Filing Information

Form Type	10-K
Accession Number	`0001758730-22-000006`
Period End Date	20211231
Filing Date	20220224
Fiscal Year	2021
Fiscal Period	FY
XBRL Instance	tw-20211231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 65 Cash Flow Statement 126 Stockholders Equity 58 Comprehensive Income 40

Balance Sheet 84 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for credit losses	`AllowanceForDoubtfulAccountsReceivable`	$273.00K	USD	Point-in-time
Accounts receivable, allowance for credit losses	`AllowanceForDoubtfulAccountsReceivable`	$243.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$460.71M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$972.05M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$791.28M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Restricted cash	`RestrictedCash`	$1.00M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$1.00M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	250.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	250.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	250.00M	shares	Point-in-time
Restricted cash	`RestrictedCash`	$1.00M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Receivable from brokers and dealers and clearing organizations	`ReceivablesFromBrokersDealersAndClearingOrganizations`	-	USD	Point-in-time
Receivable from brokers and dealers and clearing organizations	`ReceivablesFromBrokersDealersAndClearingOrganizations`	$368.00K	USD	Point-in-time
Deposits with clearing organizations	`DepositsWithClearingOrganizationsAndOthersSecurities`	$20.52M	USD	Point-in-time
Deposits with clearing organizations	`DepositsWithClearingOrganizationsAndOthersSecurities`	$11.67M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, net of allowance for credit losses of $273 and $243 at December 31, 2021 and 2020, respectively	`AccountReceivableExcludingReceivableFromBrokersAndDealersAndClearingOrganizationsNetOfAllowance`	$129.94M	USD	Point-in-time
Accounts receivable, net of allowance for credit losses of $273 and $243 at December 31, 2021 and 2020, respectively	`AccountReceivableExcludingReceivableFromBrokersAndDealersAndClearingOrganizationsNetOfAllowance`	$105.29M	USD	Point-in-time
Furniture, equipment, purchased software and leasehold improvements, net of accumulated depreciation and amortization	`PropertyPlantAndEquipmentNet`	$33.81M	USD	Point-in-time
Furniture, equipment, purchased software and leasehold improvements, net of accumulated depreciation and amortization	`PropertyPlantAndEquipmentNet`	$31.06M	USD	Point-in-time
Lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$29.44M	USD	Point-in-time
Lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$20.50M	USD	Point-in-time
Software development costs, net of accumulated amortization	`CapitalizedComputerSoftwareNet`	$156.20M	USD	Point-in-time
Software development costs, net of accumulated amortization	`CapitalizedComputerSoftwareNet`	$168.03M	USD	Point-in-time
Goodwill	`Goodwill`	$2.78B	USD	Point-in-time
Goodwill	`Goodwill`	$2.69B	USD	Point-in-time
Goodwill	`Goodwill`	$2.69B	USD	Point-in-time
Intangible assets, net of accumulated amortization	`IntangibleAssetsNetExcludingGoodwill`	$1.18B	USD	Point-in-time
Intangible assets, net of accumulated amortization	`IntangibleAssetsNetExcludingGoodwill`	$1.18B	USD	Point-in-time
Receivable from affiliates	`DueFromAffiliates`	$111.00K	USD	Point-in-time
Receivable from affiliates	`DueFromAffiliates`	$3.31M	USD	Point-in-time
Deferred tax asset	`DeferredIncomeTaxAssetsNet`	$579.56M	USD	Point-in-time
Deferred tax asset	`DeferredIncomeTaxAssetsNet`	$618.97M	USD	Point-in-time
Other assets	`OtherAssets`	$82.46M	USD	Point-in-time
Other assets	`OtherAssets`	$76.36M	USD	Point-in-time
Total assets	`Assets`	$5.68B	USD	Point-in-time
Total assets	`Assets`	$5.99B	USD	Point-in-time
Payable to brokers and dealers and clearing organizations	`PayablesToBrokerDealersAndClearingOrganizations`	$252.00K	USD	Point-in-time
Payable to brokers and dealers and clearing organizations	`PayablesToBrokerDealersAndClearingOrganizations`	-	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrentAndNoncurrent`	$129.29M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrentAndNoncurrent`	$154.82M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiability`	$23.19M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiability`	$24.93M	USD	Point-in-time
Accounts payable, accrued expenses and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$42.69M	USD	Point-in-time
Accounts payable, accrued expenses and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$38.83M	USD	Point-in-time
Employee equity compensation payable	`EquityCompensationPayable`	$1.90M	USD	Point-in-time
Employee equity compensation payable	`EquityCompensationPayable`	-	USD	Point-in-time
Lease liabilities	`OperatingLeaseLiability`	$24.33M	USD	Point-in-time
Lease liabilities	`OperatingLeaseLiability`	$34.46M	USD	Point-in-time
Payable to affiliates	`DueToAffiliateCurrentAndNoncurrent`	$4.86M	USD	Point-in-time
Payable to affiliates	`DueToAffiliateCurrentAndNoncurrent`	$5.14M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$19.43M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$21.01M	USD	Point-in-time
Tax receivable agreement liability	`TaxReceivableAgreementLiability`	$404.33M	USD	Point-in-time
Tax receivable agreement liability	`TaxReceivableAgreementLiability`	$412.45M	USD	Point-in-time
Total liabilities	`Liabilities`	$660.69M	USD	Point-in-time
Total liabilities	`Liabilities`	$681.24M	USD	Point-in-time
Commitments and contingencies (Note 17)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 17)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.00001 par value; 250,000,000 shares authorized; none issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.00001 par value; 250,000,000 shares authorized; none issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$4.40B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$4.14B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.60M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$4.31M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$242.62M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$156.04M	USD	Point-in-time
Total stockholders equity attributable to Tradeweb Markets Inc.	`StockholdersEquity`	$4.30B	USD	Point-in-time
Total stockholders equity attributable to Tradeweb Markets Inc.	`StockholdersEquity`	$4.65B	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$663.35M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$715.71M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.60B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.59B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.31B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.02B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.57B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$5.99B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$5.68B	USD	Point-in-time

Income Statement 65 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.08B	USD	Annual
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$775.57M	USD	Annual
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$892.66M	USD	Annual
Employee compensation and benefits	`LaborAndRelatedExpense`	$407.26M	USD	Annual
Employee compensation and benefits	`LaborAndRelatedExpense`	$329.46M	USD	Annual
Employee compensation and benefits	`LaborAndRelatedExpense`	$349.66M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$139.33M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$171.31M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$153.79M	USD	Annual
Technology and communications	`CommunicationsAndInformationTechnology`	$39.28M	USD	Annual
Technology and communications	`CommunicationsAndInformationTechnology`	$47.50M	USD	Annual
Technology and communications	`CommunicationsAndInformationTechnology`	$56.19M	USD	Annual
General and administrative	`OtherGeneralAndAdministrativeExpense`	$34.82M	USD	Annual
General and administrative	`OtherGeneralAndAdministrativeExpense`	$34.96M	USD	Annual
General and administrative	`OtherGeneralAndAdministrativeExpense`	$32.15M	USD	Annual
Professional fees	`ProfessionalFees`	$36.18M	USD	Annual
Professional fees	`ProfessionalFees`	$28.03M	USD	Annual
Professional fees	`ProfessionalFees`	$28.88M	USD	Annual
Occupancy	`OccupancyNet`	$14.66M	USD	Annual
Occupancy	`OccupancyNet`	$14.53M	USD	Annual
Occupancy	`OccupancyNet`	$14.69M	USD	Annual
Total expenses	`CostsAndExpenses`	$629.30M	USD	Annual
Total expenses	`CostsAndExpenses`	$585.75M	USD	Annual
Total expenses	`CostsAndExpenses`	$717.62M	USD	Annual
Operating income	`OperatingIncomeLoss`	$358.83M	USD	Annual
Operating income	`OperatingIncomeLoss`	$263.36M	USD	Annual
Operating income	`OperatingIncomeLoss`	$189.82M	USD	Annual
Tax receivable agreement liability adjustment	`TaxReceivableAgreementLiabilityAdjustment`	$12.74M	USD	Annual
Tax receivable agreement liability adjustment	`TaxReceivableAgreementLiabilityAdjustment`	$11.43M	USD	Annual
Tax receivable agreement liability adjustment	`TaxReceivableAgreementLiabilityAdjustment`	$33.13M	USD	Annual
Net interest income (expense)	`InterestIncomeExpenseNet`	$2.37M	USD	Annual
Net interest income (expense)	`InterestIncomeExpenseNet`	$-1.59M	USD	Annual
Net interest income (expense)	`InterestIncomeExpenseNet`	$-316.00K	USD	Annual
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$274.46M	USD	Annual
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$225.33M	USD	Annual
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$369.98M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$56.07M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$96.88M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$52.30M	USD	Annual
Net income	`ProfitLoss`	$273.11M	USD	Annual
Net income	`ProfitLoss`	$173.02M	USD	Annual
Net income	`ProfitLoss`	$130.67M	USD	3 Qtrs
Net income	`ProfitLoss`	$42.35M	USD	1 Quarter
Net income	`ProfitLoss`	$218.39M	USD	Annual
Net income attributable to Tradeweb Markets Inc. and non-controlling interests	`ProfitLossAfterPreIPO`	$130.67M	USD	Annual
Net income attributable to Tradeweb Markets Inc. and non-controlling interests	`ProfitLossAfterPreIPO`	$273.11M	USD	Annual
Net income attributable to Tradeweb Markets Inc. and non-controlling interests	`ProfitLossAfterPreIPO`	$218.39M	USD	Annual
Less: Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$52.09M	USD	Annual
Less: Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$46.28M	USD	Annual
Less: Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$46.90M	USD	Annual
Net income attributable to Tradeweb Markets Inc.	`NetIncomeLoss`	$166.30M	USD	Annual
Net income attributable to Tradeweb Markets Inc.	`NetIncomeLoss`	$83.77M	USD	Annual
Net income attributable to Tradeweb Markets Inc.	`NetIncomeLoss`	$226.83M	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.13	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.57	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.92	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.54	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.88	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.09	USD	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	180.41M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	148.01M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	201.42M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	156.54M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	188.22M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	207.25M	shares	Annual

Cash Flow Statement 126 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$273.11M	USD	Annual
Net income	`ProfitLoss`	$173.02M	USD	Annual
Net income	`ProfitLoss`	$130.67M	USD	3 Qtrs
Net income	`ProfitLoss`	$42.35M	USD	1 Quarter
Net income	`ProfitLoss`	$218.39M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$139.33M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$171.31M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$153.79M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$51.94M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$39.29M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$49.82M	USD	Annual
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$65.19M	USD	Annual
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$15.02M	USD	Annual
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$85.41M	USD	Annual
Tax receivable agreement liability adjustment	`TaxReceivableAgreementLiabilityAdjustment`	$12.74M	USD	Annual
Tax receivable agreement liability adjustment	`TaxReceivableAgreementLiabilityAdjustment`	$11.43M	USD	Annual
Tax receivable agreement liability adjustment	`TaxReceivableAgreementLiabilityAdjustment`	$33.13M	USD	Annual
Receivable from/payable to brokers and dealers and clearing organizations, net	`IncreaseDecreaseInBrokerageReceivables`	$-73.00K	USD	Annual
Receivable from/payable to brokers and dealers and clearing organizations, net	`IncreaseDecreaseInBrokerageReceivables`	$-116.00K	USD	Annual
Receivable from/payable to brokers and dealers and clearing organizations, net	`IncreaseDecreaseInBrokerageReceivables`	$-3.19M	USD	Annual
Deposits with clearing organizations	`IncreaseDecreaseInDepositOtherAssets`	$-9.27M	USD	Annual
Deposits with clearing organizations	`IncreaseDecreaseInDepositOtherAssets`	$1.91M	USD	Annual
Deposits with clearing organizations	`IncreaseDecreaseInDepositOtherAssets`	$-1.79M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$4.28M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$11.62M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$22.37M	USD	Annual
Receivable from/payable to affiliates, net	`IncreaseDecreaseDueFromAffiliates`	$4.59M	USD	Annual
Receivable from/payable to affiliates, net	`IncreaseDecreaseDueFromAffiliates`	$2.46M	USD	Annual
Receivable from/payable to affiliates, net	`IncreaseDecreaseDueFromAffiliates`	$-6.14M	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$35.11M	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-6.02M	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$5.65M	USD	Annual
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$24.79M	USD	Annual
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-1.78M	USD	Annual
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$9.19M	USD	Annual
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-807.00K	USD	Annual
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-3.90M	USD	Annual
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$1.14M	USD	Annual
Accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-3.55M	USD	Annual
Accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-3.48M	USD	Annual
Accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$11.19M	USD	Annual
Employee equity compensation payable	`IncreaseDecreaseInEquityCompensationPayable`	$-1.90M	USD	Annual
Employee equity compensation payable	`IncreaseDecreaseInEquityCompensationPayable`	$865.00K	USD	Annual
Employee equity compensation payable	`IncreaseDecreaseInEquityCompensationPayable`	$-16.41M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$311.00M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$578.02M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$443.23M	USD	Annual
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	Annual
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$207.76M	USD	Annual
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	Annual
Purchases of furniture, equipment, software and leasehold improvements	`PaymentsToAcquirePropertyPlantAndEquipment`	$15.78M	USD	Annual
Purchases of furniture, equipment, software and leasehold improvements	`PaymentsToAcquirePropertyPlantAndEquipment`	$16.88M	USD	Annual
Purchases of furniture, equipment, software and leasehold improvements	`PaymentsToAcquirePropertyPlantAndEquipment`	$11.49M	USD	Annual
Capitalized software development costs	`PaymentsForSoftware`	$31.05M	USD	Annual
Capitalized software development costs	`PaymentsForSoftware`	$28.68M	USD	Annual
Capitalized software development costs	`PaymentsForSoftware`	$34.47M	USD	Annual
Purchase of equity investments	`PaymentsToAcquireInvestments`	-	USD	Annual
Purchase of equity investments	`PaymentsToAcquireInvestments`	$20.00M	USD	Annual
Purchase of equity investments	`PaymentsToAcquireInvestments`	-	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-44.46M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-259.11M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-62.54M	USD	Annual
Pre-IPO capital distributions	`PaymentsOfCapitalDistribution`	$120.00M	USD	Annual
Share repurchases pursuant to the Share Repurchase Program	`PaymentsForRepurchaseOfCommonStock`	-	USD	Annual
Share repurchases pursuant to the Share Repurchase Program	`PaymentsForRepurchaseOfCommonStock`	-	USD	Annual
Share repurchases pursuant to the Share Repurchase Program	`PaymentsForRepurchaseOfCommonStock`	$75.68M	USD	Annual
Proceeds from stock-based compensation exercises	`ProceedsFromStockOptionsExercised`	$93.10M	USD	Annual
Proceeds from stock-based compensation exercises	`ProceedsFromStockOptionsExercised`	-	USD	Annual
Proceeds from stock-based compensation exercises	`ProceedsFromStockOptionsExercised`	$100.83M	USD	Annual
Proceeds from issuance of Class A common stock in the IPO and follow-on offerings, net of underwriting discounts	`ProceedsFromIssuanceOfCommonStock`	$626.27M	USD	Annual
Proceeds from issuance of Class A common stock in the IPO and follow-on offerings, net of underwriting discounts	`ProceedsFromIssuanceOfCommonStock`	$1.97B	USD	Annual
Proceeds from issuance of Class A common stock in the IPO and follow-on offerings, net of underwriting discounts	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Purchase of LLC Interests	`PaymentsForRepurchaseOfRedeemableNoncontrollingInterest`	-	USD	Annual
Purchase of LLC Interests	`PaymentsForRepurchaseOfRedeemableNoncontrollingInterest`	$626.27M	USD	Annual
Purchase of LLC Interests	`PaymentsForRepurchaseOfRedeemableNoncontrollingInterest`	$1.97B	USD	Annual
Offering costs from issuance of Class A common stock in the IPO and follow-on offerings	`PaymentsOfStockIssuanceCosts`	$14.94M	USD	Annual
Offering costs from issuance of Class A common stock in the IPO and follow-on offerings	`PaymentsOfStockIssuanceCosts`	-	USD	Annual
Offering costs from issuance of Class A common stock in the IPO and follow-on offerings	`PaymentsOfStockIssuanceCosts`	$2.51M	USD	Annual
Dividends	`PaymentsOfOrdinaryDividends`	$58.09M	USD	Annual
Dividends	`PaymentsOfOrdinaryDividends`	$64.57M	USD	Annual
Dividends	`PaymentsOfOrdinaryDividends`	$35.94M	USD	Annual
Distributions to non-controlling interests	`PaymentsOfCapitalDistributionToNoncontrollingInterest`	$11.13M	USD	Annual
Distributions to non-controlling interests	`PaymentsOfCapitalDistributionToNoncontrollingInterest`	$38.35M	USD	Annual
Distributions to non-controlling interests	`PaymentsOfCapitalDistributionToNoncontrollingInterest`	$16.75M	USD	Annual
Payroll taxes paid for stock-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$76.17M	USD	Annual
Payroll taxes paid for stock-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$71.02M	USD	Annual
Payroll taxes paid for stock-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.92M	USD	Annual
Payments on tax receivable agreement liability	`PaymentsOnTaxReceivableAgreementLiability`	$6.80M	USD	Annual
Payments on tax receivable agreement liability	`PaymentsOnTaxReceivableAgreementLiability`	-	USD	Annual
Payments on tax receivable agreement liability	`PaymentsOnTaxReceivableAgreementLiability`	-	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-136.10M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-52.69M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-218.14M	USD	Annual
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.56M	USD	Annual
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.01M	USD	Annual
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-2.04M	USD	Annual
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$50.41M	USD	Annual
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$330.57M	USD	Annual
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$180.77M	USD	Annual
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$973.05M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$461.71M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$792.28M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$411.30M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$973.05M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$461.71M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$792.28M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$411.30M	USD	Point-in-time
Income taxes paid, net of refunds	`IncomeTaxesPaidNet`	$3.88M	USD	Annual
Income taxes paid, net of refunds	`IncomeTaxesPaidNet`	$19.11M	USD	Annual
Income taxes paid, net of refunds	`IncomeTaxesPaidNet`	$43.84M	USD	Annual
Lease right-of-use assets obtained in exchange for lease liabilities, net of modifications and terminations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$33.88M	USD	Annual
Lease right-of-use assets obtained in exchange for lease liabilities, net of modifications and terminations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$9.54M	USD	Annual
Lease right-of-use assets obtained in exchange for lease liabilities, net of modifications and terminations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$-575.00K	USD	Annual
Other - See Note 14	`NoncashFinancingActivitiesOther`	-	USD	Annual
Other - See Note 14	`NoncashFinancingActivitiesOther`	$1.57M	USD	Annual
Other - See Note 14	`NoncashFinancingActivitiesOther`	-	USD	Annual
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$460.71M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$972.05M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$791.28M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$1.00M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$1.00M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$1.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash shown in the statement of cash flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$973.05M	USD	Point-in-time
Cash, cash equivalents and restricted cash shown in the statement of cash flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$461.71M	USD	Point-in-time
Cash, cash equivalents and restricted cash shown in the statement of cash flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$792.28M	USD	Point-in-time
Cash, cash equivalents and restricted cash shown in the statement of cash flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$411.30M	USD	Point-in-time

Stockholders Equity 58 line items

Line Item	Tag	Value	Unit	Period
Dividends (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.32	USD	Annual
Dividends (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.24	USD	3 Qtrs
Dividends (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.32	USD	Annual
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.60B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.59B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.31B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.02B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.57B	USD	Point-in-time
Adjustment to Class C Shares and Class P(C) shares in mezzanine capital	`AdjustmentsToAdditionalPaidInCapitalIncreaseInCarryingAmountOfRedeemablePreferredStock`	$2.37M	USD	1 Quarter
Capital distributions	`DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsDeclared`	$20.00M	USD	1 Quarter
Capital distributions	`DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsDeclared`	$100.00M	USD	3 Qtrs
Stock-based compensation	`LimitedLiabilityCompanyLLCMembersEquityUnitBasedCompensation`	$4.67M	USD	1 Quarter
Effect of the reorganization transactions	`EffectOfReorganizationTransactions`	$23.27M	USD	3 Qtrs
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$-18.49M	USD	3 Qtrs
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$100.83M	USD	Annual
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$93.10M	USD	Annual
Share repurchases pursuant to the Share Repurchase Program	`StockRepurchasedDuringPeriodValue`	$75.68M	USD	Annual
Activities related to the follow-on offering and other exchanges of LLC Interests, net of offering costs and cancellations	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	-	USD	Annual
Activities related to the follow-on offering and other exchanges of LLC Interests, net of offering costs and cancellations	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$-2.61M	USD	Annual
Activities related to the follow-on offering and other exchanges of LLC Interests, net of offering costs and cancellations	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$1.00K	USD	3 Qtrs
Tax receivable agreement liability and deferred taxes arising from the reorganization transactions, IPO and follow-on offering and other LLC Interest ownership changes	`AdjustmentsToAdditionalPaidInCapitalTaxReceivableAgreementLiabilityAndDeferredTaxesReorganizationTransactionAndIpo`	$-203.93M	USD	Annual
Tax receivable agreement liability and deferred taxes arising from the reorganization transactions, IPO and follow-on offering and other LLC Interest ownership changes	`AdjustmentsToAdditionalPaidInCapitalTaxReceivableAgreementLiabilityAndDeferredTaxesReorganizationTransactionAndIpo`	$-95.67M	USD	Annual
Tax receivable agreement liability and deferred taxes arising from the reorganization transactions, IPO and follow-on offering and other LLC Interest ownership changes	`AdjustmentsToAdditionalPaidInCapitalTaxReceivableAgreementLiabilityAndDeferredTaxesReorganizationTransactionAndIpo`	$4.38M	USD	3 Qtrs
Deferred taxes arising from issuance of common stock from equity incentive plans	`AdjustmentsToAdditionalPaidInCapitalIncomeDeferredIncomeTaxEffectFromShareRepurchases`	$14.40M	USD	Annual
Allocation of equity to non-controlling interests	`MinorityInterestIncreaseFromAllocationOfEquity`	-	USD	3 Qtrs
Adjustments to non-controlling interests	`MinorityInterestIncreaseDecreaseFromAdjustments`	-	USD	3 Qtrs
Adjustments to non-controlling interests	`MinorityInterestIncreaseDecreaseFromAdjustments`	-	USD	Annual
Adjustments to non-controlling interests	`MinorityInterestIncreaseDecreaseFromAdjustments`	-	USD	Annual
Distributions to non-controlling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$38.35M	USD	3 Qtrs
Distributions to non-controlling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$16.75M	USD	Annual
Distributions to non-controlling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$11.13M	USD	Annual
Dividends	`Dividends`	$58.09M	USD	Annual
Dividends	`Dividends`	$35.94M	USD	3 Qtrs
Dividends	`Dividends`	$64.57M	USD	Annual
Stock-based compensation expense under the Option Plan	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$24.43M	USD	3 Qtrs
Stock-based compensation expense under the Option Plan	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$5.33M	USD	Annual
Stock-based compensation expense under the Option Plan	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$6.12M	USD	Annual
Payroll taxes paid for stock-based compensation	`AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet`	$-76.17M	USD	Annual
Payroll taxes paid for stock-based compensation	`AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet`	$-8.92M	USD	3 Qtrs
Share-based payment arrangement, decrease for tax withholding obligation	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$71.02M	USD	Annual
Share-based payment arrangement, decrease for tax withholding obligation	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$76.20M	USD	Annual
Share-based payment arrangement, decrease for tax withholding obligation	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.90M	USD	Annual
Net income	`ProfitLoss`	$273.11M	USD	Annual
Net income	`ProfitLoss`	$173.02M	USD	Annual
Net income	`ProfitLoss`	$130.67M	USD	3 Qtrs
Net income	`ProfitLoss`	$42.35M	USD	1 Quarter
Net income	`ProfitLoss`	$218.39M	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-3.22M	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$3.21M	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.74M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$988.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.73M	USD	Annual
Other - See Note 14	`StockholdersEquityOther`	$-1.57M	USD	Annual
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.60B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.59B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.31B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.02B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.57B	USD	Point-in-time

Comprehensive Income 40 line items

Line Item	Tag	Value	Unit	Period
Foreign currency translation adjustment, tax benefit	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	Annual
Foreign currency translation adjustment, tax benefit	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	Annual
Foreign currency translation adjustment, tax benefit	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	Annual
Net income	`ProfitLoss`	$273.11M	USD	Annual
Net income	`ProfitLoss`	$173.02M	USD	Annual
Net income	`ProfitLoss`	$130.67M	USD	3 Qtrs
Net income	`ProfitLoss`	$42.35M	USD	1 Quarter
Net income	`ProfitLoss`	$218.39M	USD	Annual
Foreign currency translation adjustments, with no tax benefit for each of the years ended December 31, 2021, 2020 and 2019	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-3.22M	USD	Annual
Foreign currency translation adjustments, with no tax benefit for each of the years ended December 31, 2021, 2020 and 2019	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$3.21M	USD	Annual
Foreign currency translation adjustments, with no tax benefit for each of the years ended December 31, 2021, 2020 and 2019	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.74M	USD	3 Qtrs
Foreign currency translation adjustments, with no tax benefit for each of the years ended December 31, 2021, 2020 and 2019	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$988.00K	USD	1 Quarter
Foreign currency translation adjustments, with no tax benefit for each of the years ended December 31, 2021, 2020 and 2019	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.73M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-3.22M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$3.21M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$2.73M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$269.89M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$175.75M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$221.60M	USD	Annual
Foreign currency translation adjustments attributable to Tradeweb Markets Inc.	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-2.80M	USD	Annual
Foreign currency translation adjustments attributable to Tradeweb Markets Inc.	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$3.09M	USD	Annual
Foreign currency translation adjustments attributable to Tradeweb Markets Inc.	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$1.44M	USD	Annual
Less: Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$52.09M	USD	Annual
Less: Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$46.28M	USD	Annual
Less: Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$46.90M	USD	Annual
Less: Foreign currency translation adjustments attributable to non-controlling interests	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$298.00K	USD	Annual
Less: Foreign currency translation adjustments attributable to non-controlling interests	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$113.00K	USD	Annual
Less: Foreign currency translation adjustments attributable to non-controlling interests	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$-423.00K	USD	Annual
Comprehensive income attributable to Tradeweb Markets Inc.	`ComprehensiveIncomeNetOfTax`	$85.21M	USD	Annual
Comprehensive income attributable to Tradeweb Markets Inc.	`ComprehensiveIncomeNetOfTax`	$169.39M	USD	Annual
Comprehensive income attributable to Tradeweb Markets Inc.	`ComprehensiveIncomeNetOfTax`	$224.03M	USD	Annual
Net income attributable to Tradeweb Markets Inc.	`NetIncomeLoss`	$166.30M	USD	Annual
Net income attributable to Tradeweb Markets Inc.	`NetIncomeLoss`	$83.77M	USD	Annual
Net income attributable to Tradeweb Markets Inc.	`NetIncomeLoss`	$226.83M	USD	Annual
Foreign currency translation adjustments attributable to Tradeweb Markets Inc.	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-2.80M	USD	Annual
Foreign currency translation adjustments attributable to Tradeweb Markets Inc.	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$3.09M	USD	Annual
Foreign currency translation adjustments attributable to Tradeweb Markets Inc.	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$1.44M	USD	Annual
Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$45.86M	USD	Annual
Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$47.20M	USD	Annual
Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$52.21M	USD	Annual

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.