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Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues:        
Commissions $ 185 $ 160 $ 405 $ 314
Interest income 333 206 644 383
Trading gains 12 13 25 15
Other income 23 59 100 135
Total revenues 553 438 1,174 847
Interest expense 108 51 202 86
Total net revenues 445 387 972 761
Non-interest expenses:        
Execution and clearing 66 63 139 124
Employee compensation and benefits 68 66 138 128
Occupancy, depreciation and amortization 11 10 23 23
Communications 7 7 13 15
General and administrative 22 36 45 52
Customer bad debt   1 3 2
Total non-interest expenses 174 183 361 344
Income before income taxes 271 204 611 417
Income tax expense 13 17 34 35
Net income 258 187 577 382
Less net income attributable to noncontrolling interests 217 164 490 335
Net income available for common stockholders $ 41 $ 23 $ 87 $ 47
Earnings per share:        
Basic $ 0.57 $ 0.33 $ 1.21 $ 0.68
Diluted $ 0.57 $ 0.32 $ 1.20 $ 0.67
Weighted average common shares outstanding:        
Weighted Average Number of Shares Outstanding, Basic 72,476,729 69,087,853 71,979,104 68,539,526
Weighted Average Number of Shares Outstanding, Diluted 73,329,496 70,063,427 72,923,744 69,613,567
Comprehensive income:        
Net income available for common stockholders $ 41 $ 23 $ 87 $ 47
Other comprehensive income:        
Cumulative translation adjustment, before income taxes (14) 6 (13) 10
Income taxes related to items of other comprehensive income (1)   (1)  
Other comprehensive income (loss), net of tax (13) 6 (12) 10
Comprehensive income available for common stockholders 28 29 75 57
Comprehensive income attributable to noncontrolling interests:        
Net income attributable to noncontrolling interests 217 164 490 335
Other comprehensive income - cumulative translation adjustment (65) 31 (58) 50
Comprehensive income attributable to noncontrolling interests $ 152 $ 195 $ 432 $ 385