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Consolidated Statements of Income - Tradeweb Markets LLC - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2018
Sep. 30, 2018
Dec. 31, 2017
Dec. 31, 2016
Successor        
Revenues        
Gross revenue $ 178,637,000      
Net revenue 178,637,000      
Expenses        
Employee compensation and benefits 80,436,000      
Depreciation and amortization 33,020,000      
General and administrative including from related parties of $180, $539, $719 and $740 in the period ended December 31, 2018, September 30, 2018, December 31, 2017 and December 31, 2016, respectively 11,837,000      
Technology and communications including from related parties of $740, $2,220, $2,960 and $2,960 in the period ended December 31, 2018, September 30, 2018, December 31, 2017 and December 31, 2016, respectively 9,907,000      
Professional fees 8,194,000      
Occupancy including from related parties of $155, $466, $621 and $600 in the period ended December 31, 2018, September 30, 2018, December 31, 2017 and December 31, 2016, respectively 3,308,000      
Total Expenses 146,702,000      
Operating income 31,935,000      
Interest income including from related parties of $17, $34, $40 and $80 in the period ended December 31, 2018, September 30, 2018, December 31, 2017 and December 31, 2016, respectively 787,000      
Income before taxes 32,722,000      
Provision for income taxes (3,415,000)      
Net income $ 29,307,000      
Net income per share (Note 18)        
Basic $ 0.13      
Diluted $ 0.13      
Weighted average number of shares outstanding        
Basic 222,221,628      
Diluted 222,243,851      
Successor | Transaction Fee Revenue        
Revenues        
Gross revenue $ 97,130,000      
Successor | Subscription Fee Revenue        
Revenues        
Gross revenue 33,052,000      
Successor | Commissions Revenue        
Revenues        
Gross revenue 32,840,000      
Successor | Refinitiv Market Data Fees        
Revenues        
Gross revenue 13,467,000      
Successor | Other        
Revenues        
Gross revenue $ 2,148,000      
Predecessor        
Revenues        
Gross revenue   $ 505,771,000 $ 562,968,000 $ 518,404,000
Contingent consideration to related parties   (26,830,000) (58,520,000) (26,224,000)
Net revenue   478,941,000 504,448,000 492,180,000
Expenses        
Employee compensation and benefits   209,053,000 248,963,000 228,584,000
Depreciation and amortization   48,808,000 68,615,000 80,859,000
General and administrative including from related parties of $180, $539, $719 and $740 in the period ended December 31, 2018, September 30, 2018, December 31, 2017 and December 31, 2016, respectively   23,056,000 33,973,000 27,392,000
Technology and communications including from related parties of $740, $2,220, $2,960 and $2,960 in the period ended December 31, 2018, September 30, 2018, December 31, 2017 and December 31, 2016, respectively   26,598,000 30,013,000 28,239,000
Professional fees   20,360,000 19,351,000 18,158,000
Occupancy including from related parties of $155, $466, $621 and $600 in the period ended December 31, 2018, September 30, 2018, December 31, 2017 and December 31, 2016, respectively   10,732,000 14,441,000 15,817,000
Total Expenses   338,607,000 415,356,000 399,049,000
Operating income   140,334,000 89,092,000 93,131,000
Interest income including from related parties of $17, $34, $40 and $80 in the period ended December 31, 2018, September 30, 2018, December 31, 2017 and December 31, 2016, respectively   1,726,000 1,140,000 644,000
Interest expense from related parties     (455,000) (1,339,000)
Income before taxes   142,060,000 89,777,000 92,436,000
Provision for income taxes   (11,900,000) (6,129,000) 725,000
Net income   $ 130,160,000 $ 83,648,000 $ 93,161,000
Net income per share (Note 18)        
Basic   $ 0.60 $ 0.39 $ 0.44
Diluted   $ 0.60 $ 0.39 $ 0.44
Weighted average number of shares outstanding        
Basic   215,365,920 212,568,635 210,979,704
Diluted   215,365,920 212,568,635 210,979,704
Predecessor | Transaction Fee Revenue        
Revenues        
Gross revenue   $ 273,751,000 $ 267,020,000 $ 230,171,000
Predecessor | Subscription Fee Revenue        
Revenues        
Gross revenue   107,130,000 144,409,000 141,419,000
Predecessor | Commissions Revenue        
Revenues        
Gross revenue   79,830,000 96,745,000 91,663,000
Predecessor | Refinitiv Market Data Fees        
Revenues        
Gross revenue   36,851,000 50,125,000 50,564,000
Predecessor | Other        
Revenues        
Gross revenue   $ 8,209,000 $ 4,669,000 $ 4,587,000