XML 71 R47.htm IDEA: XBRL DOCUMENT
v3.22.4

Organization (Details) $ / shares in Units, $ in Thousands | 12 Months Ended |
--- | --- | ---
Dec. 31, 2022 $ / shares shares | Dec. 31, 2021 USD ($) $ / shares shares | Dec. 31, 2020 shares | Jun. 25, 2021 USD ($)
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items] |  |  |  |
Stock split ratio, common stock | 1 |  |  |
Weighted average unvested RSUs and unsettled vested PRSUs that were considered participating securities (in shares) | 193,441 | 0 | 0 |
Additional dilutive shares (in shares) | 2,823,403 |  |  |
Class C Common Stock |  |  |  |
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items] |  |  |  |
Common stock, par value (in dollars per share) | $ / shares | $ 0.00001 | $ 0.00001 |  |
Class D Common Stock |  |  |  |
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items] |  |  |  |
Common stock, par value (in dollars per share) | $ / shares | 0.00001 | 0.00001 |  |
Class A Common Stock |  |  |  |
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items] |  |  |  |
Common stock, par value (in dollars per share) | $ / shares | 0.00001 | 0.00001 |  |
Class B Common Stock |  |  |  |
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items] |  |  |  |
Common stock, par value (in dollars per share) | $ / shares | $ 0.00001 | $ 0.00001 |  |
NFI Acquisition |  |  |  |
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items] |  |  |  |
All-cash acquisition | $ |  | $ 190,000 |  | $ 190,000
Tradeweb Markets LLC |  |  |  |
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items] |  |  |  |
Ownership interest | 88.70% | 86.90% |  |
Ownership percentage, continuing LLC Owners | 11.30% | 13.10% |  |
Tradeweb Markets LLC | Refinitiv |  |  |  |
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items] |  |  |  |
Ownership interest | 51.20% |  |  |
Tradeweb Markets LLC | Public Investors |  |  |  |
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items] |  |  |  |
Ownership percentage, continuing LLC Owners | 47.30% |  |  |
Tradeweb Markets LLC | Class C and Class D Common Stock | Bank Stockholders |  |  |  |
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items] |  |  |  |
Ownership percentage, continuing LLC Owners | 1.40% |  |  |
Tradeweb Markets Inc | Refinitiv |  |  |  |
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items] |  |  |  |
Ownership interest | 91.20% |  |  |
Tradeweb Markets Inc | Public Investors |  |  |  |
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items] |  |  |  |
Voting power percentage | 8.40% |  |  |
Tradeweb Markets Inc | Class C Common Stock | Bank Stockholders |  |  |  |
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items] |  |  |  |
Number of share owned (in shares) | 3,251,177 |  |  |
Tradeweb Markets Inc | Class D Common Stock | Refinitiv |  |  |  |
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items] |  |  |  |
Number of share owned (in shares) | 22,988,329 |  |  |
Tradeweb Markets Inc | Class D Common Stock | Bank Stockholders |  |  |  |
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items] |  |  |  |
Number of share owned (in shares) | 104,375 |  |  |
Tradeweb Markets Inc | Class A Common Stock | Public Investors |  |  |  |
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items] |  |  |  |
Number of share owned (in shares) | 110,746,606 |  |  |
Tradeweb Markets Inc | Class B Common Stock | Refinitiv |  |  |  |
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items] |  |  |  |
Number of share owned (in shares) | 96,933,192 |  |  |
Tradeweb Markets Inc | Class C and Class D Common Stock | Bank Stockholders |  |  |  |
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items] |  |  |  |
Voting power percentage | 0.30% |  |  |

X
- Definition Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net of Acquired Cash and Restricted Cash, Deposits with Clearing Organizations + References No definition available. + Details
Name: | tw_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNetOfAcquiredCashAndRestrictedCashDepositsWithClearingOrganizations
Namespace Prefix: | tw_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Number of share owned. + References No definition available. + Details
Name: | tw_NumberOfShareOwned
Namespace Prefix: | tw_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition Participating Securities, Distributed and Undistributed Earnings (Loss), Shares + References No definition available. + Details
Name: | tw_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossShares
Namespace Prefix: | tw_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Voting power percentage. + References No definition available. + Details
Name: | tw_VotingPowerPercentage
Namespace Prefix: | tw_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Face amount or stated value per share of common stock. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_CommonStockParOrStatedValuePerShare
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestEffectsOfChangesNetLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Additional shares included in the calculation of diluted EPS as a result of the potentially dilutive effect of share based payment arrangements using the treasury stock method. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 45 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=126962052&loc=d3e4991-113900 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126958026&loc=d3e1707-109256 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 28A -URI https://asc.fasb.org/extlink&oid=126958026&loc=d3e1500-109256 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 23 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=126958026&loc=d3e1757-109256 + Details
Name: | us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition The equity interest of noncontrolling shareholders, partners or other equity holders in consolidated entity. + References No definition available. + Details
Name: | us-gaap_MinorityInterestOwnershipPercentageByNoncontrollingOwners
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The parent entity's interest in net assets of the subsidiary, expressed as a percentage. + References No definition available. + Details
Name: | us-gaap_MinorityInterestOwnershipPercentageByParent
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Ratio applied to the conversion of stock split, for example but not limited to, one share converted to two or two shares converted to one. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 4 -Subparagraph (SAB TOPIC 4.C) -URI https://asc.fasb.org/extlink&oid=120397183&loc=d3e187143-122770 + Details
Name: | us-gaap_StockholdersEquityNoteStockSplitConversionRatio1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_StatementClassOfStockAxis=us-gaap_CommonClassCMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementClassOfStockAxis=tw_CommonClassDMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementClassOfStockAxis=us-gaap_CommonClassAMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementClassOfStockAxis=us-gaap_CommonClassBMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=tw_NFIAcquisitionMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_OwnershipAxis=tw_TradeWebMarketsLlcMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | dei_LegalEntityAxis=tw_RefinitivMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_TitleOfIndividualAxis=tw_PublicInvestorsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementClassOfStockAxis=tw_ClassCAndClassDCommonStockMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_TitleOfIndividualAxis=tw_BankStockholdersMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_OwnershipAxis=tw_TradewebMarketsIncMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |