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Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2018
Tradeweb Markets LLC  
Entity Information [Line Items]  
Breakdown of revenues between fixed and variable revenues

The breakdown of revenues between fixed and variable revenues, in thousands, for October 1, 2018 to December 31, 2018, January 1, 2018 to September 30, 2018 and for the year ended December 31, 2017 and 2016 is as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

    

Successor

  

  

Predecessor

 

 

October 1, 2018 to 

 

 

January 1, 2018 to

 

For the Year Ended

 

For the Year Ended

 

 

December 31, 2018

 

 

September 30, 2018

 

December 31, 2017

 

December 31, 2016

 

 

(in thousands)

 

 

(in thousands)

 

(in thousands)

 

(in thousands)

Revenues

Variable

    

Fixed

   

   

Variable

    

Fixed

    

Variable

    

Fixed

    

Variable

    

Fixed

Transaction fees

 

$

73,800

  

$

23,330

 

 

$

208,049

  

$

65,702

  

$

210,198

  

$

56,822

  

$

176,060

  

$

54,111

Subscription fees including Refinitiv market data fees

 

 

425

 

 

46,094

 

 

 

1,305

 

 

142,676

 

 

1,575

 

 

192,959

 

 

1,496

 

 

190,487

Commissions

 

 

22,608

 

 

10,232

 

 

 

49,367

 

 

30,463

 

 

57,118

 

 

39,627

 

 

54,194

 

 

37,469

Other

 

 

 —

 

 

2,148

 

 

 

40

 

 

8,169

 

 

36

 

 

4,633

 

 

30

 

 

4,557

Gross revenues

 

$

96,833

 

$

81,804

 

 

$

258,761

 

$

247,010

 

$

268,927

 

$

294,041

 

$

231,780

 

$

286,624