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Fair Value of Financial Instruments (Tables) - Tradeweb Markets LLC

12 Months Ended

Dec. 31, 2018

Entity Information [Line Items]

Schedule of inputs in the valuation

At December 31, 2017, the inputs in the valuation are as follows:

Standard deviation		$	1,666,667
Revenue multiple			7.03x
Discount rate			1.64	%

Schedule of fair value measurements

The fair value measurements are as follows (in thousands):

		Quoted Prices in
		active Markets			Significant			Significant
		for Indentical			Observable			Unobservable
		Assets			Inputs			Inputs
Predecessor		(Level 1)			(Level 2)			(Level 3)			Total
As of December 31, 2017
Assets
Money market funds		$	101,154		$	—		$	—		$	101,154
		$	101,154		$	—		$	—		$	101,154
Liabilities
Contingent consideration payable		$	—		$	—		$	129,393		$	129,393
		$	—		$	—		$	129,393		$	129,393
Successor
As of December 31, 2018
Assets
Money market funds		$	127,927		$	—		$	—		$	127,927
		$	127,927		$	—		$	—		$	127,927

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Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances.

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Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis.

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