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Deferred Revenue

12 Months Ended

Dec. 31, 2018

Tradeweb Markets LLC

Entity Information [Line Items]

Deferred Revenue

10.           Deferred Revenue

The Company records deferred revenue when cash payments are received or due in advance of services to be performed. The recognized revenue and remaining balance is shown below (in thousands):

		Successor				Predecessor			Predecessor
		October 1,				January 1,			Year Ended
		2018 to				2018 to			December 31,
		December 31, 2018				September 30, 2018			2017
Deferred revenue balance – beginning of period		$	28,280			$	29,673		$	42,184
New billings			26,609				100,091			127,312
Revenue recognized			(27,006)				(101,484)			(139,823)
Deferred revenue balance – end of period		$	27,883			$	28,280		$	29,673

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- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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The entire disclosure about the contract with customer liability.

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