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v3.19.3.a.u2

Related Party Transactions (Tables) | 12 Months Ended
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Dec. 31, 2019
Related Party Transactions |
Schedule of balances from transactions with affiliates included in the consolidated statements | At December 31, 2019 and 2018, the following balances with such affiliates were included in the consolidated statements of financial condition in the following line items (in thousands):
|  | Successor |  | Successor
|  | December 31, 2019 |  | December 31, 2018
Cash and cash equivalents |  | $ | — |  | $ | 283,790
Receivables from brokers and dealers and clearing organizations |  |  | — |  |  | 3,332
Deposits with clearing organizations |  |  | — |  |  | 500
Accounts receivable |  |  | — |  |  | 40,730
Receivable from affiliates |  |  | 2,525 |  |  | 3,243
Other assets |  |  | — |  |  | 9
Payable to brokers and dealers and clearing organizations |  |  | — |  |  | 2,404
Deferred revenue |  |  | 4,733 |  |  | 9,151
Payable to affiliates |  |  | 1,506 |  |  | 5,009
Schedule of affiliates were included in the consolidated statements of income | The following balances with such affiliates were included in the consolidated statements of income in the following line items (in thousands):
|  | Successor |  | Successor |  |  | Predecessor |  | Predecessor
|  | Year Ended |  | October 1, 2018 |  |  | January 1, 2018 |  | Year Ended
|  | December 31, |  | to |  |  | to |  | December 31,
|  | 2019 |  | December 31, 2018 |  |  | September 30, 2018 |  | 2017
Revenue: |  |  |  |  |  |  |  |  |  |  |  |  |
Transaction fees (1) |  | $ | 59,643 |  | $ | 59,259 |  |  | $ | 159,663 |  | $ | 151,695
Subscription fees (1) |  |  | 5,670 |  |  | 5,718 |  |  |  | 16,627 |  |  | 37,426
Commissions (1) |  |  | 16,186 |  |  | 12,401 |  |  |  | 34,944 |  |  | 43,315
Refinitiv market data fees (2) |  |  | 55,635 |  |  | 13,467 |  |  |  | 36,851 |  |  | 50,125
Operating Income:(3) |  |  |  |  |  |  |  |  |  |  |  |  |
Net interest income (expense) |  |  | 858 |  |  | 17 |  |  |  | 34 |  |  | (415)
Shared Services Fees (4) : |  |  |  |  |  |  |  |  |  |  |  |  |
Technology and communications |  |  | 2,960 |  |  | 740 |  |  |  | 2,220 |  |  | 2,960
General and administrative |  |  | 430 |  |  | 180 |  |  |  | 539 |  |  | 719
Occupancy |  |  | 481 |  |  | 155 |  |  |  | 466 |  |  | 621
| (1) |  | For pre-IPO periods, represents fees and commissions from affiliates of the Bank Stockholders.
| (2) |  | The Company maintains a market data license agreement with Refinitiv (TR in the predecessor period). Under the agreement, the Company delivers to Refinitiv certain market data feeds which Refinitiv redistributes to its customers. The Company earns license fees and royalties for these feeds.
| (3) |  | For pre-IPO periods, represents interest income from money market funds invested with and savings accounts deposited with affiliates of the Bank Stockholders.
| (4) |  | The Company maintains a shared services agreement with Refinitiv (TR in the predecessor period). Under the terms of the agreement, Refinitiv provides the Company with certain real estate, payroll, benefits administration, insurance, content, financial reporting and tax support.

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- Definition Schedule Of Related Party Transactions Affiliates. + References No definition available. + Details
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- Definition Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates. + References No definition available. + Details
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