v2.4.0.8
Segment And Geographic Information (Tables)
6 Months Ended
Jun. 30, 2014
Segment And Geographic Information [Abstract]  
Segment And Geographic Information

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

June 30,

 

June 30,

 

 

2014

 

2013

 

2014

 

2013

Net revenues:

 

 

 

 

 

 

 

 

 

 

 

 

Electronic brokerage

 

$

220.6 

 

$

212.5 

 

$

444.3 

 

$

407.8 

Market making

 

 

91.9 

 

 

67.4 

 

 

225.0 

 

 

91.0 

Corporate and eliminations

 

 

(3.2)

 

 

4.0 

 

 

(5.1)

 

 

1.2 

Total net revenues

 

$

309.3 

 

$

283.9 

 

$

664.2 

 

$

500.0 

Income before income taxes:

 

 

 

 

 

 

 

 

 

 

 

 

Electronic brokerage

 

$

131.4 

 

$

123.3 

 

$

265.7 

 

$

234.3 

Market making

 

 

46.5 

 

 

7.6 

 

 

134.6 

 

 

(21.4)

Corporate and eliminations

 

 

(3.7)

 

 

3.0 

 

 

(8.0)

 

 

3.2 

Total income before income taxes

 

$

174.2 

 

$

133.9 

 

$

392.3 

 

$

216.1 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30,

 

December 31,

 

 

2014

 

2013

Assets:

 

 

 

 

 

 

Electronic brokerage

 

$

34,560.6 

 

$

31,333.5 

Market making

 

 

12,190.7 

 

 

12,139.5 

Corporate and eliminations

 

 

(6,595.8)

 

 

(5,602.3)

Total assets

 

$

40,155.5 

 

$

37,870.7 

 

The Company operates its automated global business in U.S. and international markets on more than 100 exchanges and market centers. A significant portion of IBG, Inc.’s net revenues are generated by subsidiaries operating outside the United States. International operations are comprised of electronic brokerage and market making activities in 24 countries in Europe, Asia and the Americas (outside the United States). The following table presents total net revenues and income before income taxes by geographic area for the three months ended June 30, 2014 and 2013 (millions):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

June 30,

 

June 30,

 

 

2014

 

2013

 

2014

 

2013

Net revenues:

 

 

 

 

 

 

 

 

 

 

 

 

United States

 

$

252.5 

 

$

193.4 

 

$

535.3 

 

$

331.9 

International

 

 

60.5 

 

 

87.4 

 

 

134.8 

 

 

167.7 

Corporate and eliminations

 

 

(3.7)

 

 

3.1 

 

 

(5.9)

 

 

0.4 

Total net revenues

 

$

309.3 

 

$

283.9 

 

$

664.2 

 

$

500.0 

Income before income taxes:

 

 

 

 

 

 

 

 

 

 

 

 

United States

 

$

165.1 

 

$

99.0 

 

$

362.1 

 

$

151.0 

International

 

 

13.1 

 

 

32.7 

 

 

38.8 

 

 

62.6 

Corporate and eliminations

 

 

(4.0)

 

 

2.2 

 

 

(8.6)

 

 

2.5 

Total income before income taxes

 

$

174.2 

 

$

133.9 

 

$

392.3 

 

$

216.1