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  <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_TaxReceivableAgreementRemainingPercentageOfAmountOfFederalStateAndLocalIncomeOrFranchiseTaxSavings" abstract="false" name="TaxReceivableAgreementRemainingPercentageOfAmountOfFederalStateAndLocalIncomeOrFranchiseTaxSavings" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:percentItemType"/>
  <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_TaxReceivableAgreementTerm" abstract="false" name="TaxReceivableAgreementTerm" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <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_MinorityInterestNumberOfInterestsHeldByParent" abstract="false" name="MinorityInterestNumberOfInterestsHeldByParent" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:sharesItemType"/>
  <xs:element id="tw_MinorityInterestNumberOfInterestsHeldByNoncontrollingOwners" abstract="false" name="MinorityInterestNumberOfInterestsHeldByNoncontrollingOwners" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:sharesItemType"/>
  <xs:element id="tw_MinorityInterestTotalNumberOfInterests" abstract="false" name="MinorityInterestTotalNumberOfInterests" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:sharesItemType"/>
  <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_NoncontrollingInterestConversionRatio" abstract="false" name="NoncontrollingInterestConversionRatio" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:pureItemType"/>
  <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_NetIncomeAttributableToParentAndTransfersToFromNoncontrollingInterest" abstract="false" name="NetIncomeAttributableToParentAndTransfersToFromNoncontrollingInterest" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <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_EquitySettledPerformanceBasedRestrictedStockUnitsMember" abstract="true" name="EquitySettledPerformanceBasedRestrictedStockUnitsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <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_A2021ShareRepurchaseProgramMember" abstract="true" name="A2021ShareRepurchaseProgramMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <xs:element id="tw_A2022ShareRepurchaseProgramMember" abstract="true" name="A2022ShareRepurchaseProgramMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types: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_ShareBasedCompensationArrangementByShareBasedPaymentAwardMinimumPerformanceModifier" abstract="false" name="ShareBasedCompensationArrangementByShareBasedPaymentAwardMinimumPerformanceModifier" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types1:percentItemType"/>
  <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_ShareBasedCompensationArrangementByShareBasedPaymentAwardTargetPerformanceModifier" abstract="false" name="ShareBasedCompensationArrangementByShareBasedPaymentAwardTargetPerformanceModifier" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types1:percentItemType"/>
  <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_CantonCoinsMember" abstract="true" name="CantonCoinsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="tw_DigitalAssetsMember" abstract="true" name="DigitalAssetsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <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_BrokerDealerSelfFundedRemainingDifferenceBetweenFailToDeliverAndFailToReceive" abstract="false" name="BrokerDealerSelfFundedRemainingDifferenceBetweenFailToDeliverAndFailToReceive" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <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_EURIBORMember" abstract="true" name="EURIBORMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <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_DebtInstrumentCreditAdjustmentSpread" abstract="false" name="DebtInstrumentCreditAdjustmentSpread" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:percentItemType"/>
  <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_DebtInstrumentFloorRate" abstract="false" name="DebtInstrumentFloorRate" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:percentItemType"/>
  <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_RestrictedStockUnitsAndRestrictedStockMember" abstract="true" name="RestrictedStockUnitsAndRestrictedStockMember" 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_TradewebLlcMember" abstract="true" name="TradewebLlcMember" 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_TradewebDirectLlcMember" abstract="true" name="TradewebDirectLlcMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <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_TradewebJapanKkMember" abstract="true" name="TradewebJapanKkMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1: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_TradewebExecutionServicesLimitedMember" abstract="true" name="TradewebExecutionServicesLimitedMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1:domainItemType"/>
  <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_YieldbrokerMember" abstract="true" name="YieldbrokerMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="tw_TradewebLimitedMember" abstract="true" name="TradewebLimitedMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="tw_InstitutionalCashDistributorsMember" abstract="true" name="InstitutionalCashDistributorsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="tw_InstitutionalCashDistributorsLimitedMember" abstract="true" name="InstitutionalCashDistributorsLimitedMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="tw_ICDEuropaMember" abstract="true" name="ICDEuropaMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <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_DwSefLlcMember" abstract="true" name="DwSefLlcMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types1: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_RegulatoryCapitalRequirement" abstract="false" name="RegulatoryCapitalRequirement" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <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_LiquidFinancialAssets" abstract="false" name="LiquidFinancialAssets" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <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_ExcessLiquidFinancialAssets" abstract="false" name="ExcessLiquidFinancialAssets" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" 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_WholesaleClientSectorMember" abstract="true" name="WholesaleClientSectorMember" 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_CorporateClientSectorMember" abstract="true" name="CorporateClientSectorMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <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_ReportableSegmentMember" abstract="true" name="ReportableSegmentMember" 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:schema>
