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Consolidated Statements of Cash Flows - Tradeweb Markets LLC - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2018
Sep. 30, 2018
Dec. 31, 2017
Dec. 31, 2016
Successor        
Cash flows from operating activities        
Net income $ 29,307      
Adjustments to reconcile net income to net cash used in operating activities:        
Depreciation and amortization 33,020      
Deferred taxes 968      
(Increase) decrease in operating assets:        
Receivable from brokers and dealers and clearing organizations (169,949)      
Deposits with clearing organizations (2,248)      
Accounts receivable 8,085      
Receivable from affiliates 107      
Other assets (4,695)      
Increase (decrease) in operating liabilities:        
Payable to brokers and dealers and clearing organizations 171,214      
Accrued compensation 38,368      
Deferred revenue (396)      
Accounts payable, accrued expenses and other liabilities 639      
Employee equity compensation payable 9,345      
Payable to affiliates (1,209)      
Net cash provided by operating activities 112,556      
Cash flows from investing activities        
Purchase of furniture, equipment, software and leasehold improvements (9,090)      
Capitalized software development costs (7,156)      
Net cash used in investing activities (16,246)      
Cash flows from financing activities        
Capital distributions (36,000)      
Net cash used in financing activities (36,000)      
Effect of exchange rate changes on cash and cash equivalents (389)      
Net decrease in cash and cash equivalents 59,921      
Cash and cash equivalents and restricted cash        
Beginning of period 351,383      
End of period 411,304 $ 351,383    
Supplemental disclosure of cash flow information        
Income taxes paid 2,659      
Supplemental disclosure of non-cash investing and financing information        
Conversion of certain cash-settled PRSUs to equity settled PRSUs 19,072      
Predecessor        
Cash flows from operating activities        
Net income   130,160 $ 83,648 $ 93,161
Adjustments to reconcile net income to net cash used in operating activities:        
Depreciation and amortization   48,808 68,615 80,859
Contingent consideration   26,830 58,520 26,224
Vesting of P-1(C) Shares   (5,728)    
Deferred taxes   2,602 (950) (6,323)
(Increase) decrease in operating assets:        
Receivable from brokers and dealers and clearing organizations   (318) (4,324) 380
Deposits with clearing organizations   726 606 (2,311)
Accounts receivable   (28,434) 11,196 (18,683)
Receivable from affiliates   (2,534) 314 957
Other assets   (6,371) 4,719 (5,369)
Increase (decrease) in operating liabilities:        
Payable to brokers and dealers and clearing organizations   (4,322) 4,322 (380)
Accrued compensation   (7,568) 12,364 7,851
Deferred revenue   (1,396) (12,555) (6,167)
Accounts payable, accrued expenses and other liabilities   8,793 (3,826) 2,364
Employee equity compensation payable   2,896 2,380 519
Payable to affiliates   684 (449) (1,237)
Net cash provided by operating activities   164,828 224,580 171,845
Cash flows from investing activities        
Purchase of furniture, equipment, software and leasehold improvements   (6,327) (13,461) (9,998)
Capitalized software development costs   (19,523) (27,157) (25,351)
Business acquisitions     66 (15,216)
Purchase of investments     (5,000)  
Net cash used in investing activities   (25,850) (45,552) (50,565)
Cash flows from financing activities        
Capital distributions   (139,350) (152,000) (130,000)
Mezzanine capital contributions     82  
Mezzanine capital distributions     (1,543) (521)
Net cash used in financing activities   (139,350) (153,461) (130,521)
Effect of exchange rate changes on cash and cash equivalents   (2,043) 3,157 (6,200)
Net decrease in cash and cash equivalents   (2,415) 28,724 (15,441)
Cash and cash equivalents and restricted cash        
Beginning of period $ 351,383 353,798 325,074 340,515
End of period   351,383 353,798 325,074
Supplemental disclosure of cash flow information        
Interest paid     455 1,339
Income taxes paid   5,500 6,312 $ 6,735
Supplemental disclosure of non-cash investing and financing information        
Vesting of contingent consideration to Class P-1(A) Shares   $ 150,495    
Conversion of convertible term note payable to Thomson Reuters to Class A Shares     $ 29,285