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Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenues:    
Commissions $ 220 $ 154
Interest income 311 177
Trading gains 13 2
Other income 77 76
Total revenues 621 409
Interest expense 94 35
Total net revenues 527 374
Non-interest expenses:    
Execution and clearing 73 61
Employee compensation and benefits 70 62
Occupancy, depreciation and amortization 12 13
Communications 6 8
General and administrative 23 16
Customer bad debt 3 1
Total non-interest expenses 187 161
Income before income taxes 340 213
Income tax expense 21 18
Net income 319 195
Less net income attributable to noncontrolling interests 273 171
Net income available for common stockholders $ 46 $ 24
Earnings per share:    
Basic $ 0.64 $ 0.35
Diluted $ 0.63 $ 0.34
Weighted average common shares outstanding:    
Weighted Average Number of Shares Outstanding, Basic 71,475,950 67,985,107
Weighted Average Number of Shares Outstanding, Diluted 72,512,462 69,157,614
Comprehensive income:    
Net income available for common stockholders $ 46 $ 24
Other comprehensive income:    
Cumulative translation adjustment, before income taxes 1 4
Other comprehensive income, net of tax 1 4
Comprehensive income available for common stockholders 47 28
Comprehensive income attributable to noncontrolling interests:    
Net income attributable to noncontrolling interests 273 171
Other comprehensive income - cumulative translation adjustment 7 19
Comprehensive income attributable to noncontrolling interests $ 280 $ 190