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Consolidated Statements of Comprehensive Income - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenues:    
Commissions $ 173 $ 220
Interest income 408 311
Trading gains 7 13
Other income 132 77
Total revenues 720 621
Interest expense 162 94
Total net revenues 558 527
Non-interest expenses:    
Execution, clearing and distribution fees 61 73
Employee compensation and benefits 71 70
Occupancy, depreciation and amortization 14 12
Communications 6 6
General and administrative 24 23
Customer bad debt 43 3
Total non-interest expenses 219 187
Income before income taxes 339 340
Income tax expense 15 21
Net income 324 319
Less net income attributable to noncontrolling interests 275 273
Net income available for common stockholders $ 49 $ 46
Earnings per share:    
Basic $ 0.65 $ 0.64
Diluted $ 0.64 $ 0.63
Weighted average common shares outstanding:    
Weighted Average Number of Shares Outstanding, Basic 75,101,062 71,475,950
Weighted Average Number of Shares Outstanding, Diluted 75,977,511 72,512,462
Comprehensive income:    
Net income available for common stockholders $ 49 $ 46
Other comprehensive income:    
Cumulative translation adjustment, before income taxes (1) 1
Other comprehensive income (loss), net of tax (1) 1
Comprehensive income available for common stockholders 48 47
Comprehensive income attributable to noncontrolling interests:    
Net income attributable to noncontrolling interests 275 273
Other comprehensive income - cumulative translation adjustment (1) 7
Comprehensive income attributable to noncontrolling interests $ 274 $ 280