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Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenues:        
Trading gains $ 13 $ 34 $ 15 $ 86
Commissions 160 152 314 318
Interest income 206 144 383 289
Other income 59 57 135 201
Total revenues 438 387 847 894
Interest expense 51 18 86 36
Total net revenues 387 369 761 858
Non-interest expenses:        
Execution and clearing 63 59 124 121
Employee compensation and benefits 66 58 128 116
Occupancy, depreciation and amortization 10 13 23 25
Communications 7 9 15 16
General and administrative 36 14 52 27
Customer bad debt 1 3 2 3
Total non-interest expenses 183 156 344 308
Income before income taxes 204 213 417 550
Income tax expense 17 13 35 40
Net income 187 200 382 510
Less net income attributable to noncontrolling interests 164 173 335 450
Net income available for common stockholders $ 23 $ 27 $ 47 $ 60
Earnings per share:        
Basic $ 0.33 $ 0.41 $ 0.68 $ 0.93
Diluted $ 0.32 $ 0.40 $ 0.67 $ 0.91
Weighted average common shares outstanding:        
Weighted Average Number of Shares Outstanding, Basic 69,087,853 64,967,364 68,539,526 64,476,421
Weighted Average Number of Shares Outstanding, Diluted 70,063,427 66,470,913 69,613,567 65,863,408
Comprehensive income:        
Net income available for common stockholders $ 23 $ 27 $ 47 $ 60
Other comprehensive income:        
Cumulative translation adjustment, before income taxes 6 (3) 10 3
Other comprehensive income (loss), net of tax 6 (3) 10 3
Comprehensive income available for common stockholders 29 24 57 63
Comprehensive income attributable to noncontrolling interests:        
Net income attributable to noncontrolling interests 164 173 335 450
Other comprehensive income (loss) - cumulative translation adjustment 31 (16) 50 17
Comprehensive income attributable to noncontrolling interests $ 195 $ 157 $ 385 $ 467