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Other Income
9 Months Ended
Sep. 30, 2018
Other Income [Abstract]  
Other Income

9.  Other Income

The components of other income for the three months and nine months ended September 30, 2018 and 2017 were:





 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

Three Months Ended September 30,

 

Nine Months Ended September 30,



 

2018

 

2017

 

2018

 

2017



 

(in millions)

Market data fees1

 

$

12 

 

$

11 

 

$

34 

 

$

29 

Risk exposure fees1

 

 

 

 

 

 

20 

 

 

17 

Payments for order flow1

 

 

 

 

 

 

16 

 

 

12 

Minimum activity fees1

 

 

 

 

 

 

16 

 

 

14 

Other brokerage related fees

 

 

 

 

 

 

18 

 

 

Gains on financial instruments, at fair value and other investments, net

 

 

 

 

 

 

15 

 

 

Gains (losses) from currency diversification strategy, net

 

 

(24)

 

 

26 

 

 

(7)

 

 

104 

Other, net

 

 

 

 

11 

 

 

 

 

14 



 

$

21 

 

$

70 

 

$

121 

 

$

205 




(1)

See Note 8 for description of these revenues.



Other brokerage related fees include FDIC sweep fees, order routing fees, IPO concession fees and other miscellaneous fees charged to our customers. Gains on financial instruments, at fair value and other investments, net include (1) realized and unrealized gains and losses on financial instruments that (a) are held for purposes other than the Company’s market making activities, (b) are subject to restrictions, or (c) are accounted for under the equity method and (2) dividends on investments accounted at cost less impairment.