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  <xs:element id="tw_EquityCompensationPayable" abstract="false" name="EquityCompensationPayable" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="tw_OneMonthLondonInterBankOfferedRateMember" abstract="true" name="OneMonthLondonInterBankOfferedRateMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="tw_RedemptionsAndExchangesOfLlcInterestsMember" abstract="true" name="RedemptionsAndExchangesOfLlcInterestsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum: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_ScheduleOfRegulatoryCapitalRequirementsTableTextBlock" abstract="false" name="ScheduleOfRegulatoryCapitalRequirementsTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:textBlockItemType"/>
  <xs:element id="tw_AdjustedForRefinitivTransactionMember" abstract="true" name="AdjustedForRefinitivTransactionMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="tw_TaxReceivableAgreementLiabilityDisclosureTextBlock" abstract="false" name="TaxReceivableAgreementLiabilityDisclosureTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:textBlockItemType"/>
  <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_LlcInterestsMember" abstract="true" name="LlcInterestsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="tw_ScheduleOfImpactOnEquityDueToChangesInCompanysOwnershipInterestInNoncontrollingInterestTableTextBlock" abstract="false" name="ScheduleOfImpactOnEquityDueToChangesInCompanysOwnershipInterestInNoncontrollingInterestTableTextBlock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:textBlockItemType"/>
  <xs:element id="tw_NumberOfVotesPerCommonStock" abstract="false" name="NumberOfVotesPerCommonStock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="tw_ContinuingLLCOwnersMember" abstract="true" name="ContinuingLLCOwnersMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="tw_CommissionsRevenueMember" abstract="true" name="CommissionsRevenueMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="tw_AccountsPayableAccruedExpensesAndOtherLiabilitiesRelatedParties" abstract="false" name="AccountsPayableAccruedExpensesAndOtherLiabilitiesRelatedParties" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="tw_CommonClassPcSharesMember" abstract="true" name="CommonClassPcSharesMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="tw_MinorityInterestNumberOfInterestsHeldByParent" abstract="false" name="MinorityInterestNumberOfInterestsHeldByParent" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:sharesItemType"/>
  <xs:element id="tw_MarketDataRevenueMember" abstract="true" name="MarketDataRevenueMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="tw_WholesaleClientSectorMember" abstract="true" name="WholesaleClientSectorMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="tw_NumberOfLlcUnitsReceived" abstract="false" name="NumberOfLlcUnitsReceived" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:sharesItemType"/>
  <xs:element id="tw_ChangeInContractWithCustomerLiabilityRollForward" abstract="true" name="ChangeInContractWithCustomerLiabilityRollForward" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <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_SubscriptionFeeAndMarketDataRevenueMember" abstract="true" name="SubscriptionFeeAndMarketDataRevenueMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <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_PerformanceSharesSettledWithEquityMember" abstract="true" name="PerformanceSharesSettledWithEquityMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="tw_RefinitivDirectOwnerMember" abstract="true" name="RefinitivDirectOwnerMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="tw_PercentageOfCombinedVotingPowerOfCommonStock" abstract="false" name="PercentageOfCombinedVotingPowerOfCommonStock" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="num:percentItemType"/>
  <xs:element id="tw_StockContributedDuringPeriodAcquireeMajorityOwner" abstract="false" name="StockContributedDuringPeriodAcquireeMajorityOwner" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:sharesItemType"/>
  <xs:element id="tw_ShareBasedCompensationArrangementsByShareBasedPaymentAwardExercisePeriodFollowingChangeInControl" abstract="false" name="ShareBasedCompensationArrangementsByShareBasedPaymentAwardExercisePeriodFollowingChangeInControl" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="tw_MarketDataClientSectorMember" abstract="true" name="MarketDataClientSectorMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="tw_DwSefLlcMember" abstract="true" name="DwSefLlcMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum: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_TradeWebMarketsLlcMember" abstract="true" name="TradeWebMarketsLlcMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum: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_ConsultingServiceFeeForFollowOnOffering" abstract="false" name="ConsultingServiceFeeForFollowOnOffering" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="tw_TradewebLlcMember" abstract="true" name="TradewebLlcMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="tw_TwSefLlcMember" abstract="true" name="TwSefLlcMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="tw_CommonUnitExchangedNumber" abstract="false" name="CommonUnitExchangedNumber" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:sharesItemType"/>
  <xs:element id="tw_TradewebDirectLlcMember" abstract="true" name="TradewebDirectLlcMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
  <xs:element id="tw_SharedServicesFeesAbstract" abstract="true" name="SharedServicesFeesAbstract" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:stringItemType"/>
  <xs:element id="tw_NumberOfShareOwned" abstract="false" name="NumberOfShareOwned" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:sharesItemType"/>
  <xs:element id="tw_RefinitivMember" abstract="true" name="RefinitivMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="nonnum:domainItemType"/>
</xs:schema>
