<?xml version="1.0" encoding="UTF-8"?>

<!--XBRL Document Created with the Workiva Platform-->
<!--Copyright 2024 Workiva-->
<!--r:68b6b06f-c043-4304-a591-9ec825b158b0,g:63144522-06e3-4219-a077-251e32aad30f-->
<xs:schema xmlns:xs="http://www.w3.org/2001/XMLSchema" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:tw="http://www.tradeweb.com/20240331" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:dtr-types1="http://www.xbrl.org/dtr/type/2020-01-21" xmlns:dtr-types="http://www.xbrl.org/dtr/type/2022-03-31" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" attributeFormDefault="unqualified" elementFormDefault="qualified" targetNamespace="http://www.tradeweb.com/20240331">
  <xs:import namespace="http://fasb.org/srt/2023" schemaLocation="https://xbrl.fasb.org/srt/2023/elts/srt-2023.xsd"/>
  <xs:import namespace="http://fasb.org/us-gaap/2023" schemaLocation="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd"/>
  <xs:import namespace="http://www.w3.org/1999/xlink" schemaLocation="http://www.xbrl.org/2003/xlink-2003-12-31.xsd"/>
  <xs:import namespace="http://www.xbrl.org/2003/instance" schemaLocation="http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd"/>
  <xs:import namespace="http://www.xbrl.org/2003/linkbase" schemaLocation="http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd"/>
  <xs:import namespace="http://www.xbrl.org/dtr/type/2020-01-21" schemaLocation="https://www.xbrl.org/dtr/type/2020-01-21/types.xsd"/>
  <xs:import namespace="http://www.xbrl.org/dtr/type/2022-03-31" schemaLocation="https://www.xbrl.org/dtr/type/2022-03-31/types.xsd"/>
  <xs:import namespace="http://xbrl.org/2005/xbrldt" schemaLocation="http://www.xbrl.org/2005/xbrldt-2005.xsd"/>
  <xs:import namespace="http://xbrl.sec.gov/country/2023" schemaLocation="https://xbrl.sec.gov/country/2023/country-2023.xsd"/>
  <xs:import namespace="http://xbrl.sec.gov/dei/2023" schemaLocation="https://xbrl.sec.gov/dei/2023/dei-2023.xsd"/>
  <xs:import namespace="http://xbrl.sec.gov/ecd/2023" schemaLocation="https://xbrl.sec.gov/ecd/2023/ecd-2023.xsd"/>
  <xs:annotation>
    <xs:appinfo>
      <link:linkbaseRef xmlns:xlink="http://www.w3.org/1999/xlink" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="tw-20240331_pre.xml" xlink:role="http://www.xbrl.org/2003/role/presentationLinkbaseRef" xlink:type="simple"/>
      <link:linkbaseRef xmlns:xlink="http://www.w3.org/1999/xlink" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="tw-20240331_def.xml" xlink:role="http://www.xbrl.org/2003/role/definitionLinkbaseRef" xlink:type="simple"/>
      <link:linkbaseRef xmlns:xlink="http://www.w3.org/1999/xlink" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="tw-20240331_lab.xml" xlink:role="http://www.xbrl.org/2003/role/labelLinkbaseRef" xlink:type="simple"/>
      <link:linkbaseRef xmlns:xlink="http://www.w3.org/1999/xlink" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="tw-20240331_cal.xml" xlink:role="http://www.xbrl.org/2003/role/calculationLinkbaseRef" xlink:type="simple"/>
      <link:roleType id="Cover" roleURI="http://www.tradeweb.com/role/Cover">
        <link:definition>0000001 - Document - Cover</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CondensedConsolidatedStatementsofFinancialCondition" roleURI="http://www.tradeweb.com/role/CondensedConsolidatedStatementsofFinancialCondition">
        <link:definition>0000002 - Statement - Condensed Consolidated Statements of Financial Condition</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CondensedConsolidatedStatementsofFinancialConditionParenthetical" roleURI="http://www.tradeweb.com/role/CondensedConsolidatedStatementsofFinancialConditionParenthetical">
        <link:definition>0000003 - Statement - Condensed Consolidated Statements of Financial Condition (Parenthetical)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CondensedConsolidatedStatementsofIncome" roleURI="http://www.tradeweb.com/role/CondensedConsolidatedStatementsofIncome">
        <link:definition>0000004 - Statement - Condensed Consolidated Statements of Income</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CondensedConsolidatedStatementsofComprehensiveIncome" roleURI="http://www.tradeweb.com/role/CondensedConsolidatedStatementsofComprehensiveIncome">
        <link:definition>0000005 - Statement - Condensed Consolidated Statements of Comprehensive Income</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CondensedConsolidatedStatementsofComprehensiveIncomeParenthetical" roleURI="http://www.tradeweb.com/role/CondensedConsolidatedStatementsofComprehensiveIncomeParenthetical">
        <link:definition>0000006 - Statement - Condensed Consolidated Statements of Comprehensive Income (Parenthetical)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CondensedConsolidatedStatementsofChangesinEquity" roleURI="http://www.tradeweb.com/role/CondensedConsolidatedStatementsofChangesinEquity">
        <link:definition>0000007 - Statement - Condensed Consolidated Statements of Changes in Equity</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CondensedConsolidatedStatementsofChangesinEquityParenthetical" roleURI="http://www.tradeweb.com/role/CondensedConsolidatedStatementsofChangesinEquityParenthetical">
        <link:definition>0000008 - Statement - Condensed Consolidated Statements of Changes in Equity (Parenthetical)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CondensedConsolidatedStatementsofCashFlows" roleURI="http://www.tradeweb.com/role/CondensedConsolidatedStatementsofCashFlows">
        <link:definition>0000009 - Statement - Condensed Consolidated Statements of Cash Flows</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="Organization" roleURI="http://www.tradeweb.com/role/Organization">
        <link:definition>0000010 - Disclosure - Organization</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="SignificantAccountingPolicies" roleURI="http://www.tradeweb.com/role/SignificantAccountingPolicies">
        <link:definition>0000011 - Disclosure - Significant Accounting Policies</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="RestrictedCash" roleURI="http://www.tradeweb.com/role/RestrictedCash">
        <link:definition>0000012 - Disclosure - Restricted Cash</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="Acquisitions" roleURI="http://www.tradeweb.com/role/Acquisitions">
        <link:definition>0000013 - Disclosure - Acquisitions</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="Revenue" roleURI="http://www.tradeweb.com/role/Revenue">
        <link:definition>0000014 - Disclosure - Revenue</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="IncomeTaxes" roleURI="http://www.tradeweb.com/role/IncomeTaxes">
        <link:definition>0000015 - Disclosure - Income Taxes</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="TaxReceivableAgreement" roleURI="http://www.tradeweb.com/role/TaxReceivableAgreement">
        <link:definition>0000016 - Disclosure - Tax Receivable Agreement</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="NonControllingInterests" roleURI="http://www.tradeweb.com/role/NonControllingInterests">
        <link:definition>0000017 - Disclosure - Non-Controlling Interests</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="StockholdersEquityandStockBasedCompensationPlans" roleURI="http://www.tradeweb.com/role/StockholdersEquityandStockBasedCompensationPlans">
        <link:definition>0000018 - Disclosure - Stockholders' Equity and Stock-Based Compensation Plans</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="RelatedPartyTransactions" roleURI="http://www.tradeweb.com/role/RelatedPartyTransactions">
        <link:definition>0000019 - Disclosure - Related Party Transactions</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="FairValueofFinancialInstruments" roleURI="http://www.tradeweb.com/role/FairValueofFinancialInstruments">
        <link:definition>0000020 - Disclosure - Fair Value of Financial Instruments</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CreditRisk" roleURI="http://www.tradeweb.com/role/CreditRisk">
        <link:definition>0000021 - Disclosure - Credit Risk</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CommitmentsandContingencies" roleURI="http://www.tradeweb.com/role/CommitmentsandContingencies">
        <link:definition>0000022 - Disclosure - Commitments and Contingencies</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="EarningsPerShare" roleURI="http://www.tradeweb.com/role/EarningsPerShare">
        <link:definition>0000023 - Disclosure - Earnings Per Share</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="RegulatoryCapitalRequirements" roleURI="http://www.tradeweb.com/role/RegulatoryCapitalRequirements">
        <link:definition>0000024 - Disclosure - Regulatory Capital Requirements</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="BusinessSegmentandGeographicInformation" roleURI="http://www.tradeweb.com/role/BusinessSegmentandGeographicInformation">
        <link:definition>0000025 - Disclosure - Business Segment and Geographic Information</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="SubsequentEvents" roleURI="http://www.tradeweb.com/role/SubsequentEvents">
        <link:definition>0000026 - Disclosure - Subsequent Events</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="SignificantAccountingPoliciesPolicies" roleURI="http://www.tradeweb.com/role/SignificantAccountingPoliciesPolicies">
        <link:definition>9954471 - Disclosure - Significant Accounting Policies (Policies)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="AcquisitionsTables" roleURI="http://www.tradeweb.com/role/AcquisitionsTables">
        <link:definition>9954472 - Disclosure - Acquisitions (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="RevenueTables" roleURI="http://www.tradeweb.com/role/RevenueTables">
        <link:definition>9954473 - Disclosure - Revenue (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="NonControllingInterestsTables" roleURI="http://www.tradeweb.com/role/NonControllingInterestsTables">
        <link:definition>9954474 - Disclosure - Non-Controlling Interests (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="StockholdersEquityandStockBasedCompensationPlansTables" roleURI="http://www.tradeweb.com/role/StockholdersEquityandStockBasedCompensationPlansTables">
        <link:definition>9954475 - Disclosure - Stockholders' Equity and Stock-Based Compensation Plans (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="RelatedPartyTransactionsTables" roleURI="http://www.tradeweb.com/role/RelatedPartyTransactionsTables">
        <link:definition>9954476 - Disclosure - Related Party Transactions (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="FairValueofFinancialInstrumentsTables" roleURI="http://www.tradeweb.com/role/FairValueofFinancialInstrumentsTables">
        <link:definition>9954477 - Disclosure - Fair Value of Financial Instruments (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CommitmentsandContingenciesTables" roleURI="http://www.tradeweb.com/role/CommitmentsandContingenciesTables">
        <link:definition>9954478 - Disclosure - Commitments and Contingencies (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="EarningsPerShareTables" roleURI="http://www.tradeweb.com/role/EarningsPerShareTables">
        <link:definition>9954479 - Disclosure - Earnings Per Share (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="RegulatoryCapitalRequirementsTables" roleURI="http://www.tradeweb.com/role/RegulatoryCapitalRequirementsTables">
        <link:definition>9954480 - Disclosure - Regulatory Capital Requirements (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="BusinessSegmentandGeographicInformationTables" roleURI="http://www.tradeweb.com/role/BusinessSegmentandGeographicInformationTables">
        <link:definition>9954481 - Disclosure - Business Segment and Geographic Information (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="OrganizationDetails" roleURI="http://www.tradeweb.com/role/OrganizationDetails">
        <link:definition>9954482 - Disclosure - Organization (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="SignificantAccountingPoliciesFurnitureEquipmentPurchasedSoftwareLeaseholdImprovementsandSoftwareDevelopmentCostDetails" roleURI="http://www.tradeweb.com/role/SignificantAccountingPoliciesFurnitureEquipmentPurchasedSoftwareLeaseholdImprovementsandSoftwareDevelopmentCostDetails">
        <link:definition>9954483 - Disclosure - Significant Accounting Policies - Furniture, Equipment, Purchased Software, Leasehold Improvements and Software Development Cost (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="SignificantAccountingPoliciesGoodwillDetails" roleURI="http://www.tradeweb.com/role/SignificantAccountingPoliciesGoodwillDetails">
        <link:definition>9954484 - Disclosure - Significant Accounting Policies - Goodwill (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="SignificantAccountingPoliciesIntangibleAssetsDetails" roleURI="http://www.tradeweb.com/role/SignificantAccountingPoliciesIntangibleAssetsDetails">
        <link:definition>9954485 - Disclosure - Significant Accounting Policies - Intangible Assets (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="SignificantAccountingPoliciesDeferredOfferingCostsDetails" roleURI="http://www.tradeweb.com/role/SignificantAccountingPoliciesDeferredOfferingCostsDetails">
        <link:definition>9954486 - Disclosure - Significant Accounting Policies - Deferred Offering Costs (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="SignificantAccountingPoliciesTranslationofForeignCurrencyandExchangeDerivativeContractsDetails" roleURI="http://www.tradeweb.com/role/SignificantAccountingPoliciesTranslationofForeignCurrencyandExchangeDerivativeContractsDetails">
        <link:definition>9954487 - Disclosure - Significant Accounting Policies - Translation of Foreign Currency and Exchange Derivative Contracts (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="RestrictedCashDetails" roleURI="http://www.tradeweb.com/role/RestrictedCashDetails">
        <link:definition>9954488 - Disclosure - Restricted Cash (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="AcquisitionsNarrativeDetails" roleURI="http://www.tradeweb.com/role/AcquisitionsNarrativeDetails">
        <link:definition>9954489 - Disclosure - Acquisitions - Narrative (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="AcquisitionsScheduleofPreliminaryPurchasePriceDetails" roleURI="http://www.tradeweb.com/role/AcquisitionsScheduleofPreliminaryPurchasePriceDetails">
        <link:definition>9954490 - Disclosure - Acquisitions - Schedule of Preliminary Purchase Price (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="RevenueScheduleofBreakdownofRevenuesBetweenFixedandVariableRevenuesDetails" roleURI="http://www.tradeweb.com/role/RevenueScheduleofBreakdownofRevenuesBetweenFixedandVariableRevenuesDetails">
        <link:definition>9954491 - Disclosure - Revenue - Schedule of Breakdown of Revenues Between Fixed and Variable Revenues (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="RevenueScheduleofRecognizedRevenueandRemainingDeferredRevenueBalanceDetails" roleURI="http://www.tradeweb.com/role/RevenueScheduleofRecognizedRevenueandRemainingDeferredRevenueBalanceDetails">
        <link:definition>9954492 - Disclosure - Revenue - Schedule of Recognized Revenue and Remaining Deferred Revenue Balance (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="RevenueNarrativeDetails" roleURI="http://www.tradeweb.com/role/RevenueNarrativeDetails">
        <link:definition>9954493 - Disclosure - Revenue - Narrative (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="IncomeTaxesDetails" roleURI="http://www.tradeweb.com/role/IncomeTaxesDetails">
        <link:definition>9954494 - Disclosure - Income Taxes (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="TaxReceivableAgreementDetails" roleURI="http://www.tradeweb.com/role/TaxReceivableAgreementDetails">
        <link:definition>9954495 - Disclosure - Tax Receivable Agreement (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="NonControllingInterestsScheduleoftheOwnershipInterestinNoncontrollingInterestDetails" roleURI="http://www.tradeweb.com/role/NonControllingInterestsScheduleoftheOwnershipInterestinNoncontrollingInterestDetails">
        <link:definition>9954496 - Disclosure - Non-Controlling Interests -Schedule of the Ownership Interest in Noncontrolling Interest (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="NonControllingInterestsScheduleoftheImpactonEquityDuetoChangesintheCompanysOwnershipInterestinNoncontrollingInterestDetails" roleURI="http://www.tradeweb.com/role/NonControllingInterestsScheduleoftheImpactonEquityDuetoChangesintheCompanysOwnershipInterestinNoncontrollingInterestDetails">
        <link:definition>9954497 - Disclosure - Non-Controlling Interests - Schedule of the Impact on Equity Due to Changes in the Company&#8217;s Ownership Interest in Noncontrolling Interest (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="StockholdersEquityandStockBasedCompensationPlansScheduleofOutstandingSharesofCommonStockDetails" roleURI="http://www.tradeweb.com/role/StockholdersEquityandStockBasedCompensationPlansScheduleofOutstandingSharesofCommonStockDetails">
        <link:definition>9954498 - Disclosure - Stockholders' Equity and Stock-Based Compensation Plans - Schedule of Outstanding Shares of Common Stock (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="StockholdersEquityandStockBasedCompensationPlansNarrativeDetails" roleURI="http://www.tradeweb.com/role/StockholdersEquityandStockBasedCompensationPlansNarrativeDetails">
        <link:definition>9954499 - Disclosure - Stockholders' Equity and Stock-Based Compensation Plans - Narrative (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="StockholdersEquityandStockBasedCompensationPlansScheduleofSignificantValuationAssumptionsUsedToEstimateTheGrantDateFairValueofPSUsDetails" roleURI="http://www.tradeweb.com/role/StockholdersEquityandStockBasedCompensationPlansScheduleofSignificantValuationAssumptionsUsedToEstimateTheGrantDateFairValueofPSUsDetails">
        <link:definition>9954500 - Disclosure - Stockholders' Equity and Stock-Based Compensation Plans - Schedule of Significant Valuation Assumptions Used To Estimate The Grant Date Fair Value of PSUs (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="StockholdersEquityandStockBasedCompensationPlansScheduleofOutstandingSharesofCommonStockDetails_1" roleURI="http://www.tradeweb.com/role/StockholdersEquityandStockBasedCompensationPlansScheduleofOutstandingSharesofCommonStockDetails_1">
        <link:definition>9954501 - Disclosure - Stockholders' Equity and Stock-Based Compensation Plans - Schedule of Outstanding Shares of Common Stock (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="RelatedPartyTransactionsBalancesScheduleofBalancesFromTransactionswithAffiliatesIncludedintheConsolidatedStatementsDetails" roleURI="http://www.tradeweb.com/role/RelatedPartyTransactionsBalancesScheduleofBalancesFromTransactionswithAffiliatesIncludedintheConsolidatedStatementsDetails">
        <link:definition>9954502 - Disclosure - Related Party Transactions - Balances - Schedule of Balances From Transactions with Affiliates Included in the Consolidated Statements (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="RelatedPartyTransactionsScheduleofAffiliateswereIncludedintheConsolidatedStatementsofIncomeDetails" roleURI="http://www.tradeweb.com/role/RelatedPartyTransactionsScheduleofAffiliateswereIncludedintheConsolidatedStatementsofIncomeDetails">
        <link:definition>9954503 - Disclosure - Related Party Transactions - Schedule of Affiliates were Included in the Consolidated Statements of Income (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="FairValueofFinancialInstrumentsScheduleofFinancialInstrumentsMeasuredatFairValueDetails" roleURI="http://www.tradeweb.com/role/FairValueofFinancialInstrumentsScheduleofFinancialInstrumentsMeasuredatFairValueDetails">
        <link:definition>9954504 - Disclosure - Fair Value of Financial Instruments - Schedule of Financial Instruments Measured at Fair Value (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="FairValueofFinancialInstrumentsScheduleofForeignExchangeDerivativeContractsDetails" roleURI="http://www.tradeweb.com/role/FairValueofFinancialInstrumentsScheduleofForeignExchangeDerivativeContractsDetails">
        <link:definition>9954505 - Disclosure - Fair Value of Financial Instruments - Schedule of Foreign Exchange Derivative Contracts (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="FairValueofFinancialInstrumentsScheduleofUnrealizedGainsLossesonForeignCurrencyForwardsDetails" roleURI="http://www.tradeweb.com/role/FairValueofFinancialInstrumentsScheduleofUnrealizedGainsLossesonForeignCurrencyForwardsDetails">
        <link:definition>9954506 - Disclosure - Fair Value of Financial Instruments - Schedule of Unrealized Gains (Losses) on Foreign Currency Forwards (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="FairValueofFinancialInstrumentsScheduleofFinancialInstrumentsNotMeasuredatFairValueDetails" roleURI="http://www.tradeweb.com/role/FairValueofFinancialInstrumentsScheduleofFinancialInstrumentsNotMeasuredatFairValueDetails">
        <link:definition>9954507 - Disclosure - Fair Value of Financial Instruments - Schedule of Financial Instruments Not Measured at Fair Value (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CreditRiskDetails" roleURI="http://www.tradeweb.com/role/CreditRiskDetails">
        <link:definition>9954508 - Disclosure - Credit Risk (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CommitmentsandContingenciesNarrativeDetails" roleURI="http://www.tradeweb.com/role/CommitmentsandContingenciesNarrativeDetails">
        <link:definition>9954509 - Disclosure - Commitments and Contingencies - Narrative (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CommitmentsandContingenciesScheduleofMaturityofLeaseLiabilitiesandFutureMinimumLeasePaymentsDetails" roleURI="http://www.tradeweb.com/role/CommitmentsandContingenciesScheduleofMaturityofLeaseLiabilitiesandFutureMinimumLeasePaymentsDetails">
        <link:definition>9954510 - Disclosure - Commitments and Contingencies - Schedule of Maturity of Lease Liabilities and Future Minimum Lease Payments (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="CommitmentsandContingenciesScheduleofMaturityofLeaseLiabilitiesandFutureMinimumLeasePaymentsDetails_1" roleURI="http://www.tradeweb.com/role/CommitmentsandContingenciesScheduleofMaturityofLeaseLiabilitiesandFutureMinimumLeasePaymentsDetails_1">
        <link:definition>9954510 - Disclosure - Commitments and Contingencies - Schedule of Maturity of Lease Liabilities and Future Minimum Lease Payments (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="EarningsPerShareScheduleofBasicandDilutedEarningsPerShareDetails" roleURI="http://www.tradeweb.com/role/EarningsPerShareScheduleofBasicandDilutedEarningsPerShareDetails">
        <link:definition>9954511 - Disclosure - Earnings Per Share - Schedule of Basic and Diluted Earnings Per Share (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="EarningsPerShareScheduleofAntidilutiveSecuritiesExcludedfromComputationofEarningsPerShareDetails" roleURI="http://www.tradeweb.com/role/EarningsPerShareScheduleofAntidilutiveSecuritiesExcludedfromComputationofEarningsPerShareDetails">
        <link:definition>9954512 - Disclosure - Earnings Per Share - Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="RegulatoryCapitalRequirementsScheduleofRegulatoryCapitalRequirementsandScheduleofRegulatoryCapitalRequirementsDetails" roleURI="http://www.tradeweb.com/role/RegulatoryCapitalRequirementsScheduleofRegulatoryCapitalRequirementsandScheduleofRegulatoryCapitalRequirementsDetails">
        <link:definition>9954513 - Disclosure - Regulatory Capital Requirements - Schedule of Regulatory Capital Requirements and Schedule of Regulatory Capital Requirements (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="BusinessSegmentandGeographicInformationScheduleofInformationRegardingRevenuebyClientSectorDetails" roleURI="http://www.tradeweb.com/role/BusinessSegmentandGeographicInformationScheduleofInformationRegardingRevenuebyClientSectorDetails">
        <link:definition>9954514 - Disclosure - Business Segment and Geographic Information - Schedule of Information Regarding Revenue by Client Sector (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="BusinessSegmentandGeographicInformationScheduleofRevenueandLongLivedAssetsbyGeographicLocationDetails" roleURI="http://www.tradeweb.com/role/BusinessSegmentandGeographicInformationScheduleofRevenueandLongLivedAssetsbyGeographicLocationDetails">
        <link:definition>9954515 - Disclosure - Business Segment and Geographic Information - Schedule of Revenue and Long-Lived Assets by Geographic Location (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType id="SubsequentEventsDetails" roleURI="http://www.tradeweb.com/role/SubsequentEventsDetails">
        <link:definition>9954516 - Disclosure - Subsequent Events (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
    </xs:appinfo>
  </xs:annotation>
  <xs:element id="tw_TwSefLlcMember" abstract="true" name="TwSefLlcMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="tw_ChangeInContractWithCustomerLiabilityRollForward" abstract="true" name="ChangeInContractWithCustomerLiabilityRollForward" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="tw_DebtInstrumentFloorRate" abstract="false" name="DebtInstrumentFloorRate" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:percentItemType"/>
  <xs:element id="tw_SecuredOvernightFinancingRateMember" abstract="true" name="SecuredOvernightFinancingRateMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="tw_RetailClientSectorMember" abstract="true" name="RetailClientSectorMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="tw_TransactionFeeRevenueMember" abstract="true" name="TransactionFeeRevenueMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="tw_LesseeOperatingLeaseLiabilityToBePaidAfterYearFour" abstract="false" name="LesseeOperatingLeaseLiabilityToBePaidAfterYearFour" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="tw_RegulatoryCapitalRequirement" abstract="false" name="RegulatoryCapitalRequirement" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="tw_ProfessionalFeesMember" abstract="true" name="ProfessionalFeesMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="tw_OneMonthSecuredOvernightFinancingRateMember" abstract="true" name="OneMonthSecuredOvernightFinancingRateMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="tw_PaymentsOnTaxReceivableAgreementLiability" abstract="false" name="PaymentsOnTaxReceivableAgreementLiability" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="tw_OtherGeneralAndAdministrativeExpenseNetOfReclassification" abstract="false" name="OtherGeneralAndAdministrativeExpenseNetOfReclassification" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="tw_ContractWithCustomerLiabilityRevenueRecognizedIncludingNewBillings" abstract="false" name="ContractWithCustomerLiabilityRevenueRecognizedIncludingNewBillings" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="tw_ContractWithCustomerLiabilityForeignCurrencyExchangeRate" abstract="false" name="ContractWithCustomerLiabilityForeignCurrencyExchangeRate" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="tw_MinorityInterestNumberOfInterestsHeldByNoncontrollingOwners" abstract="false" name="MinorityInterestNumberOfInterestsHeldByNoncontrollingOwners" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:sharesItemType"/>
  <xs:element id="tw_NoncontrollingInterestConversionRatio" abstract="false" name="NoncontrollingInterestConversionRatio" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:pureItemType"/>
  <xs:element id="tw_ScheduleOfOwnershipInterestInNoncontrollingInterestTableTextBlock" abstract="false" name="ScheduleOfOwnershipInterestInNoncontrollingInterestTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:textBlockItemType"/>
  <xs:element id="tw_LiquidFinancialAssets" abstract="false" name="LiquidFinancialAssets" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="tw_StockContributedDuringPeriodAcquireeMajorityOwner" abstract="false" name="StockContributedDuringPeriodAcquireeMajorityOwner" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:sharesItemType"/>
  <xs:element id="tw_AdjustedForRefinitivTransactionMember" abstract="true" name="AdjustedForRefinitivTransactionMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="tw_ShareBasedCompensationArrangementByShareBasedPaymentAwardTargetPerformanceModifier" abstract="false" name="ShareBasedCompensationArrangementByShareBasedPaymentAwardTargetPerformanceModifier" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types1:percentItemType"/>
  <xs:element id="tw_ShareBasedCompensationArrangementByShareBasedPaymentAwardMinimumPerformanceModifier" abstract="false" name="ShareBasedCompensationArrangementByShareBasedPaymentAwardMinimumPerformanceModifier" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types1:percentItemType"/>
  <xs:element id="tw_ContractWithCustomerLiabilityDeferredRevenueAcquired" abstract="false" name="ContractWithCustomerLiabilityDeferredRevenueAcquired" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="tw_TransfersFromToNoncontrollingInterests" abstract="false" name="TransfersFromToNoncontrollingInterests" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="tw_TradewebDirectLlcMember" abstract="true" name="TradewebDirectLlcMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="tw_MinorityInterestTotalOwnershipPercentage" abstract="false" name="MinorityInterestTotalOwnershipPercentage" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types1:percentItemType"/>
  <xs:element id="tw_TaxReceivableAgreementLiabilityDisclosureTextBlock" abstract="false" name="TaxReceivableAgreementLiabilityDisclosureTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:textBlockItemType"/>
  <xs:element id="tw_SaraFuberRuleTradingArrangementSharesIssuedUponVestingInSettlementOfDividendEquivalentRightsMember" abstract="true" name="SaraFuberRuleTradingArrangementSharesIssuedUponVestingInSettlementOfDividendEquivalentRightsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="tw_ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumPerformanceModifier" abstract="false" name="ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumPerformanceModifier" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types1:percentItemType"/>
  <xs:element id="tw_BrokerDealerSelfFundedRemainingDifferenceBetweenFailToDeliverAndFailToReceive" abstract="false" name="BrokerDealerSelfFundedRemainingDifferenceBetweenFailToDeliverAndFailToReceive" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="tw_ScheduleOfImpactOnEquityDueToChangesInTheCompanysOwnershipInterestInNoncontrollingInterestTableTextBlock" abstract="false" name="ScheduleOfImpactOnEquityDueToChangesInTheCompanysOwnershipInterestInNoncontrollingInterestTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:textBlockItemType"/>
  <xs:element id="tw_UnsettledShareRepurchasesIncludedInOtherLiabilities" abstract="false" name="UnsettledShareRepurchasesIncludedInOtherLiabilities" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="tw_PaymentsOfCapitalDistributionToNoncontrollingInterest" abstract="false" name="PaymentsOfCapitalDistributionToNoncontrollingInterest" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="tw_EquitySettledPerformanceBasedRestrictedStockUnitsMember" abstract="true" name="EquitySettledPerformanceBasedRestrictedStockUnitsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="tw_BillyHultMember" abstract="true" name="BillyHultMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="tw_OtherReceivablesMember" abstract="true" name="OtherReceivablesMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="tw_TWMLLCMember" abstract="true" name="TWMLLCMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="tw_CommonStockConversionRatio" abstract="false" name="CommonStockConversionRatio" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:pureItemType"/>
  <xs:element id="tw_AwardedDuring2024And2023Member" abstract="true" name="AwardedDuring2024And2023Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="tw_SubscriptionFeeRevenueMember" abstract="true" name="SubscriptionFeeRevenueMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="tw_NoncashFinancingActivitiesTaxesPayableRelatingToStockBasedCompensationSettlements" abstract="false" name="NoncashFinancingActivitiesTaxesPayableRelatingToStockBasedCompensationSettlements" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="tw_SaraFuberRuleTradingArrangementSharesIssuedUponVestingInSettlementOfDividendEquivalentRightsSubjectToRestrictedStockAwardsAccruedDuringVestingPeriodMember" abstract="true" name="SaraFuberRuleTradingArrangementSharesIssuedUponVestingInSettlementOfDividendEquivalentRightsSubjectToRestrictedStockAwardsAccruedDuringVestingPeriodMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="tw_LimitedLiabilityCompanyUnitsMember" abstract="true" name="LimitedLiabilityCompanyUnitsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="tw_MarketDataRevenueMember" abstract="true" name="MarketDataRevenueMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="tw_AdjustmentsToAdditionalPaidInCapitalTaxReceivableAgreementLiabilityAndDeferredTaxesReorganizationTransactionAndIpo" abstract="false" name="AdjustmentsToAdditionalPaidInCapitalTaxReceivableAgreementLiabilityAndDeferredTaxesReorganizationTransactionAndIpo" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="tw_MinorityInterestNumberOfInterestsHeldByParent" abstract="false" name="MinorityInterestNumberOfInterestsHeldByParent" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:sharesItemType"/>
  <xs:element id="tw_RefinitivDirectOwnerMember" abstract="true" name="RefinitivDirectOwnerMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="tw_ICDIntermediateHoldco1LLCMember" abstract="true" name="ICDIntermediateHoldco1LLCMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="tw_AccountReceivableExcludingReceivableFromBrokersAndDealersAndClearingOrganizationsNetOfAllowance" abstract="false" name="AccountReceivableExcludingReceivableFromBrokersAndDealersAndClearingOrganizationsNetOfAllowance" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="tw_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossShares" abstract="false" name="ParticipatingSecuritiesDistributedAndUndistributedEarningsLossShares" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:sharesItemType"/>
  <xs:element id="tw_EURIBORMember" abstract="true" name="EURIBORMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="tw_EnricoBruniMember" abstract="true" name="EnricoBruniMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="tw_RegulatoryCapital" abstract="false" name="RegulatoryCapital" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="tw_MarketDataClientSectorMember" abstract="true" name="MarketDataClientSectorMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="tw_FurnitureEquipmentAndPurchasedSoftwareMember" abstract="true" name="FurnitureEquipmentAndPurchasedSoftwareMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="tw_AmortizationPeriodPushdownAccountingAdjustment" abstract="false" name="AmortizationPeriodPushdownAccountingAdjustment" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="tw_AwardedDuring2022AndPriorMember" abstract="true" name="AwardedDuring2022AndPriorMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="tw_ExcessLiquidFinancialAssets" abstract="false" name="ExcessLiquidFinancialAssets" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="tw_LineOfCreditFacilityPenaltiesDue" abstract="false" name="LineOfCreditFacilityPenaltiesDue" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="tw_LineOfCreditFacilityTerminationPenalties" abstract="false" name="LineOfCreditFacilityTerminationPenalties" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="tw_TradewebExecutionServicesBVMember" abstract="true" name="TradewebExecutionServicesBVMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="tw_Omnibus2019EquityIncentivePlanMember" abstract="true" name="Omnibus2019EquityIncentivePlanMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="tw_TDIFCMember" abstract="true" name="TDIFCMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="tw_DebtInstrumentCreditAdjustmentSpread" abstract="false" name="DebtInstrumentCreditAdjustmentSpread" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:percentItemType"/>
  <xs:element id="tw_TradewebLlcMember" abstract="true" name="TradewebLlcMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="tw_NumberOfShareOwned" abstract="false" name="NumberOfShareOwned" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:sharesItemType"/>
  <xs:element id="tw_YieldbrokerMember" abstract="true" name="YieldbrokerMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="tw_TaxReceivableAgreementRemainingPercentageOfAmountOfFederalStateAndLocalIncomeOrFranchiseTaxSavings" abstract="false" name="TaxReceivableAgreementRemainingPercentageOfAmountOfFederalStateAndLocalIncomeOrFranchiseTaxSavings" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:percentItemType"/>
  <xs:element id="tw_YieldbrokerAcquisitionMember" abstract="true" name="YieldbrokerAcquisitionMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="tw_TaxReceivableAgreementLiability" abstract="false" name="TaxReceivableAgreementLiability" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="tw_SubscriptionFeeAndMarketDataRevenueMember" abstract="true" name="SubscriptionFeeAndMarketDataRevenueMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="tw_ScheduleOfShareBasedPaymentAwardPSUsGrantedValuationAssumptionsTableTextBlock" abstract="false" name="ScheduleOfShareBasedPaymentAwardPSUsGrantedValuationAssumptionsTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:textBlockItemType"/>
  <xs:element id="tw_TaxReceivableAgreementPercentageOfAmountOfFederalStateAndLocalIncomeOrFranchiseTaxSavings" abstract="false" name="TaxReceivableAgreementPercentageOfAmountOfFederalStateAndLocalIncomeOrFranchiseTaxSavings" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:percentItemType"/>
  <xs:element id="tw_TaxReceivableAgreementLiabilityAdjustment" abstract="false" name="TaxReceivableAgreementLiabilityAdjustment" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="tw_SaraFuberRuleTradingArrangementClassACommonStockIssuedUponVestingOfPreviouslyAwardedRestrictedStockUnitsMember" abstract="true" name="SaraFuberRuleTradingArrangementClassACommonStockIssuedUponVestingOfPreviouslyAwardedRestrictedStockUnitsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="tw_R8FinMember" abstract="true" name="R8FinMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="tw_TradewebEuBvMember" abstract="true" name="TradewebEuBvMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="tw_IncomeTaxDisclosureLineItems" abstract="true" name="IncomeTaxDisclosureLineItems" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="tw_DepositsWithClearingOrganizationsPolicyTextBlock" abstract="false" name="DepositsWithClearingOrganizationsPolicyTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:textBlockItemType"/>
  <xs:element id="tw_IncomeTaxDisclosureTable" abstract="true" name="IncomeTaxDisclosureTable" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrldt:hypercubeItem" type="xbrli:stringItemType"/>
  <xs:element id="tw_RestrictedCashAndCashEquivalentsFairValueDisclosure" abstract="false" name="RestrictedCashAndCashEquivalentsFairValueDisclosure" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="tw_SaraFuberRuleTradingArrangementVestingOfPreviouslyAwardedRestrictedStockUnitsMember" abstract="true" name="SaraFuberRuleTradingArrangementVestingOfPreviouslyAwardedRestrictedStockUnitsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="tw_TaxReceivableAgreementTerm" abstract="false" name="TaxReceivableAgreementTerm" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="tw_ExcessRegulatoryCapital" abstract="false" name="ExcessRegulatoryCapital" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="tw_TradewebExecutionServicesLimitedMember" abstract="true" name="TradewebExecutionServicesLimitedMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="tw_VotingPowerPercentage" abstract="false" name="VotingPowerPercentage" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types1:percentItemType"/>
  <xs:element id="tw_LineOfCreditFacilityAccordionFeatureIncreaseLimit" abstract="false" name="LineOfCreditFacilityAccordionFeatureIncreaseLimit" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="tw_VariablePricingMember" abstract="true" name="VariablePricingMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="tw_TaxReceivableAgreementLiabilityAbstract" abstract="true" name="TaxReceivableAgreementLiabilityAbstract" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="tw_TradewebMarketsIncMember" abstract="true" name="TradewebMarketsIncMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="tw_ContractWithCustomerLiabilityNewBillings" abstract="false" name="ContractWithCustomerLiabilityNewBillings" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="tw_TradewebEuropeLimitedMember" abstract="true" name="TradewebEuropeLimitedMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="tw_RegulatoryCapitalRequirementsTextBlock" abstract="false" name="RegulatoryCapitalRequirementsTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:textBlockItemType"/>
  <xs:element id="tw_RefinitivMember" abstract="true" name="RefinitivMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="tw_TradewebJapanKkMember" abstract="true" name="TradewebJapanKkMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="tw_WholesaleClientSectorMember" abstract="true" name="WholesaleClientSectorMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="tw_ScheduleOfRegulatoryCapitalRequirementsTableTextBlock" abstract="false" name="ScheduleOfRegulatoryCapitalRequirementsTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:textBlockItemType"/>
  <xs:element id="tw_DwSefLlcMember" abstract="true" name="DwSefLlcMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="tw_NetIncomeAttributableToParentAndTransfersToFromNoncontrollingInterest" abstract="false" name="NetIncomeAttributableToParentAndTransfersToFromNoncontrollingInterest" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="tw_InstitutionalClientSectorMember" abstract="true" name="InstitutionalClientSectorMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="tw_DebtInstrumentAdjustmentInAdditionToCreditAdjustmentSpread" abstract="false" name="DebtInstrumentAdjustmentInAdditionToCreditAdjustmentSpread" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:percentItemType"/>
  <xs:element id="tw_PublicInvestorsMember" abstract="true" name="PublicInvestorsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="tw_ShareBasedCompensationArrangementByShareBasedPaymentAwardPerformancePeriod" abstract="false" name="ShareBasedCompensationArrangementByShareBasedPaymentAwardPerformancePeriod" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="tw_CommonClassDMember" abstract="true" name="CommonClassDMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="tw_DealerwebMember" abstract="true" name="DealerwebMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="tw_TradewebMarketsLLCMember" abstract="true" name="TradewebMarketsLLCMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="tw_SaraFurberMember" abstract="true" name="SaraFurberMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="tw_RequiredLiquidFinancialAssets" abstract="false" name="RequiredLiquidFinancialAssets" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="tw_SaraFuberRuleTradingArrangementClassACommonStockMember" abstract="true" name="SaraFuberRuleTradingArrangementClassACommonStockMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="tw_OtherStockholdersMember" abstract="true" name="OtherStockholdersMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="tw_MinorityInterestTotalNumberOfInterests" abstract="false" name="MinorityInterestTotalNumberOfInterests" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:sharesItemType"/>
  <xs:element id="tw_MinorityInterestIncreaseDecreaseFromAdjustments" abstract="false" name="MinorityInterestIncreaseDecreaseFromAdjustments" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="tw_NFIAcquisitionMember" abstract="true" name="NFIAcquisitionMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="tw_UnsettledStockBasedCompensationExercisesIncludedInOtherAssets" abstract="false" name="UnsettledStockBasedCompensationExercisesIncludedInOtherAssets" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
</xs:schema>
