| Assets | — | — |
| Cash and cash equivalents | 1,340,302a | 1,706,468a |
| Restricted cash | 1,000a | 1,000a |
| Receivable from brokers and dealers and clearing organizations | 67,805a | 381,178a |
| Deposits with clearing organizations | 54,702a | 36,806a |
| Accounts receivable, net of allowance for credit losses | 222,268a | 168,407a |
| Furniture, equipment, purchased software and leasehold improvements, net of accumulated depreciation and amortization | 45,973a | 33,559a |
| Lease right-of-use assets | 33,550a | 25,206a |
| Software development costs, net of accumulated amortization | 296,721a | 131,332a |
| Goodwill | 3,150,112a | 2,815,524a |
| Intangible assets, net of accumulated amortization | 1,280,892a | 1,004,797a |
| Receivable and due from affiliates | 8,094a | 192a |
| Deferred tax asset | 659,203a | 684,250a |
| Other assets | 107,371a | 70,819a |
| Total assets | 7,267,993a | 7,059,538a |
| Liabilities and equity | — | — |
| Liabilities | — | — |
| Securities sold under agreements to repurchase | 0a | 21,612a |
| Payable to brokers and dealers and clearing organizations | 67,816a | 351,864a |
| Accrued compensation | 222,959a | 164,329a |
| Deferred revenue | 30,800a | 25,746a |
| Accounts payable, accrued expenses and other liabilities | 95,290a | 57,501a |
| Lease liabilities | 35,748a | 27,463a |
| Payable and due to affiliates | 763a | 1,327a |
| Deferred tax liability | 42,893a | 20,767a |
| Tax receivable agreement liability | 372,839a | 457,523a |
| Total liabilities | 869,108a | 1,128,132a |
| Equity | — | — |
| Preferred stock | 0a | 0a |
| Class A common stock | 1a | 1a |
| Class B common stock | 1a | 1a |
| Class C common stock | 0a | 0a |
| Class D common stock | 0a | 0a |
| Additional paid-in capital | 4,813,408a | 4,738,758a |
| Accumulated other comprehensive income (loss) | -9,981a | -5,389a |
| Retained earnings | 996,763a | 640,384a |
| Total stockholders’ equity attributable to Tradeweb Markets Inc. | 5,800,192a | 5,373,755a |
| Non-controlling interests | 598,693a | 557,651a |
| Total equity | 6,398,885a | 5,931,406a |
| Total liabilities and equity | 7,267,993a | 7,059,538a |