Tradeweb Markets Inc
For the period ended Dec 31, 2023. Filed Feb 9, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 9, 2024
TW$129.63+1.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Financial Condition
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Assets | ||
| Cash and cash equivalents | $1,706,468 | $1,257,229 |
| Restricted cash | 1,000 | 1,000 |
| Receivable from brokers and dealers and clearing organizations | 381,178 | 11,632 |
| Deposits with clearing organizations | 36,806 | 23,906 |
| Accounts receivable, net of allowance for credit losses of $284 and $129 at December 31, 2023 and 2022, respectively | 168,407 | 142,676 |
| Furniture, equipment, purchased software and leasehold improvements, net of accumulated depreciation and amortization | 33,559 | 37,413 |
| Lease right-of-use assets | 25,206 | 24,933 |
| Software development costs, net of accumulated amortization | 131,332 | 141,833 |
| Goodwill | 2,815,524 | 2,780,259 |
| Intangible assets, net of accumulated amortization | 1,004,797 | 1,072,818 |
| Receivable and due from affiliates | 192 | 2,728 |
| Deferred tax asset | 684,250 | 689,442 |
| Other assets | 70,819 | 74,262 |
| Total assets | $7,059,538 | $6,260,131 |
| Liabilities and Equity | ||
| Liabilities | ||
| Securities sold under agreements to repurchase | $21,612 | $— |
| Payable to brokers and dealers and clearing organizations | 351,864 | 11,264 |
| Accrued compensation | 164,329 | 150,884 |
| Deferred revenue | 25,746 | 22,827 |
| Accounts payable, accrued expenses and other liabilities | 57,501 | 46,690 |
| Lease liabilities | 27,463 | 27,943 |
| Payable and due to affiliates | 1,327 | 7,232 |
| Deferred tax liability | 20,767 | 21,251 |
| Tax receivable agreement liability | 457,523 | 425,724 |
| Total liabilities | 1,128,132 | 713,815 |
| Commitments and contingencies (Note 17) | ||
| Equity | ||
| Preferred stock, $0.00001 par value; 250,000,000 shares authorized; none issued or outstanding | — | — |
| Class A common stock, $0.00001 par value; 1,000,000,000 shares authorized; 115,090,787 and 110,746,606 shares issued and outstanding as of December 31, 2023 and 2022, respectively | 1 | 1 |
| Class B common stock, $0.00001 par value; 450,000,000 shares authorized; 96,933,192 and 96,933,192 shares issued and outstanding as of December 31, 2023 and 2022, respectively | 1 | 1 |
| Class C common stock, $0.00001 par value; 350,000,000 shares authorized; 18,000,000 and 3,251,177 shares issued and outstanding as of December 31, 2023 and 2022, respectively | — | — |
| Class D common stock, $0.00001 par value; 300,000,000 shares authorized; 5,077,973 and 23,092,704 shares issued and outstanding as of December 31, 2023 and 2022, respectively | — | — |
| Additional paid-in capital | 4,738,758 | 4,577,270 |
| Accumulated other comprehensive income (loss) | (5,389) | (10,113) |
| Retained earnings | 640,384 | 386,632 |
| Total stockholders’ equity attributable to Tradeweb Markets Inc. | 5,373,755 | 4,953,791 |
| Non-controlling interests | 557,651 | 592,525 |
| Total equity | 5,931,406 | 5,546,316 |
| Total liabilities and equity | $7,059,538 | $6,260,131 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.