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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues        
Total revenue $ 297,138 $ 260,840 $ 608,624 $ 534,239
Expenses        
Employee compensation and benefits 109,890 98,449 227,881 202,071
Depreciation and amortization 44,770 41,867 89,220 82,833
Technology and communications 16,034 13,957 31,810 27,501
General and administrative 7,601 8,789 17,914 12,248
Professional fees 8,575 10,368 16,432 20,096
Occupancy 3,661 3,618 7,158 7,371
Total expenses 190,531 177,048 390,415 352,120
Operating income 106,607 83,792 218,209 182,119
Net interest income (expense) 541 (325) 94 (818)
Income before taxes 107,148 83,467 218,303 181,301
Provision for income taxes (25,548) (17,234) (39,258) (33,503)
Net income 81,600 66,233 179,045 147,798
Less: Net income attributable to non-controlling interests 13,256 10,917 27,736 24,623
Net income attributable to Tradeweb Markets Inc. $ 68,344 $ 55,316 $ 151,309 $ 123,175
Earnings per share attributable to Tradeweb Markets Inc. Class A and B common stockholders:        
Basic (in dollars per share) $ 0.33 $ 0.27 $ 0.74 $ 0.61
Diluted (in dollars per share) $ 0.33 $ 0.27 $ 0.73 $ 0.60
Weighted average shares outstanding:        
Basic (in shares) 204,501,035 201,749,985 204,282,406 200,414,714
Diluted (in shares) 207,272,675 207,463,960 207,371,372 206,253,756
Transaction fees and commissions        
Revenues        
Total revenue $ 237,669 $ 205,381 $ 489,474 $ 423,197
Subscription fees        
Revenues        
Total revenue 41,540 37,883 82,995 75,751
Refinitiv market data fees        
Revenues        
Total revenue 15,426 14,926 30,984 30,043
Other        
Revenues        
Total revenue $ 2,503 $ 2,650 $ 5,171 $ 5,248