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Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues:        
Commissions $ 167 $ 163 $ 572 $ 477
Interest income 363 243 1,007 626
Trading gains 7 11 32 26
Other income 21 70 121 205
Total revenues 558 487 1,732 1,334
Interest expense 119 61 321 147
Total net revenues 439 426 1,411 1,187
Non-interest expenses:        
Execution, clearing and distribution fees 57 61 196 185
Employee compensation and benefits 63 64 201 192
Occupancy, depreciation and amortization 12 11 35 34
Communications 7 7 20 22
General and administrative 25 15 70 67
Customer bad debt (1)   2 2
Total non-interest expenses 163 158 524 502
Income before income taxes 276 268 887 685
Income tax expense 18 21 52 56
Net income 258 247 835 629
Less net income attributable to noncontrolling interests 219 216 709 551
Net income available for common stockholders $ 39 $ 31 $ 126 $ 78
Earnings per share:        
Basic $ 0.52 $ 0.44 $ 1.73 $ 1.12
Diluted $ 0.51 $ 0.43 $ 1.71 $ 1.10
Weighted average common shares outstanding:        
Weighted Average Number of Shares Outstanding, Basic 74,649,469 71,109,577 72,879,007 69,405,624
Weighted Average Number of Shares Outstanding, Diluted 75,360,089 71,973,483 73,745,640 70,409,619
Comprehensive income:        
Net income available for common stockholders $ 39 $ 31 $ 126 $ 78
Other comprehensive income:        
Cumulative translation adjustment, before income taxes (1) 1 (14) 11
Income taxes related to items of other comprehensive income     (1)  
Other comprehensive income (loss), net of tax (1) 1 (13) 11
Comprehensive income available for common stockholders 38 32 113 89
Comprehensive income attributable to noncontrolling interests:        
Net income attributable to noncontrolling interests 219 216 709 551
Other comprehensive income - cumulative translation adjustment (2) 5 (60) 55
Comprehensive income attributable to noncontrolling interests $ 217 $ 221 $ 649 $ 606