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Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenues:        
Trading gains $ 34 $ 67 $ 86 $ 129
Commissions and execution fees 152 157 318 306
Interest income 144 126 289 234
Other income (loss) 57 55 201 (77)
Total revenues 387 405 894 592
Interest expense 18 18 36 33
Total net revenues 369 387 858 559
Non-interest expenses:        
Execution and clearing 59 59 121 114
Employee compensation and benefits 58 58 116 115
Occupancy, depreciation and amortization 13 11 25 21
Communications 9 7 16 13
General and administrative 14 13 27 29
Customer bad debt 3 (1) 3 138
Total non-interest expenses 156 147 308 430
Income before Income Taxes 213 240 550 129
Income tax expense 13 19 40 17
Net income 200 221 510 112
Less net income attributable to noncontrolling interests 173 198 450 102
Net income available for common stockholders $ 27 $ 23 $ 60 $ 10
Earnings per share:        
Basic $ 0.41 $ 0.38 $ 0.93 $ 0.17
Diluted $ 0.40 $ 0.37 $ 0.91 $ 0.17
Weighted average common shares outstanding:        
Weighted Average Number of Shares Outstanding, Basic 64,967,364 59,481,778 64,476,421 58,980,348
Weighted Average Number of Shares Outstanding, Diluted 66,470,913 61,038,926 65,863,408 60,436,914
Comprehensive income:        
Net income available for common stockholders $ 27 $ 23 $ 60 $ 10
Other comprehensive income:        
Cumulative translation adjustment, before income taxes (3) 4 3 3
Other comprehensive income (loss), net of tax (3) 4 3 3
Comprehensive income available for common stockholders 24 27 63 13
Comprehensive income attributable to noncontrolling interests:        
Net income attributable to noncontrolling interests 173 198 450 102
Other comprehensive income (loss) - cumulative translation adjustment (16) 24 17 15
Comprehensive income attributable to noncontrolling interests $ 157 $ 222 $ 467 $ 117