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Consolidated Statements of Comprehensive Income - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenues:        
Commissions $ 187 $ 167 $ 538 $ 572
Interest income 468 363 1,308 1,007
Trading gains 7 7 20 32
Other income (loss) (19) 21 83 121
Total revenues 643 558 1,949 1,732
Interest expense 177 119 512 321
Total net revenues 466 439 1,437 1,411
Non-interest expenses:        
Execution, clearing and distribution fees 68 57 192 196
Employee compensation and benefits 67 63 213 201
Occupancy, depreciation and amortization 15 12 43 35
Communications 7 7 19 20
General and administrative 30 25 80 70
Customer bad debt (2) (1) 45 2
Total non-interest expenses 185 163 592 524
Income before income taxes 281 276 845 887
Income tax expense 20 18 50 52
Net income 261 258 795 835
Less net income attributable to noncontrolling interests 225 219 678 709
Net income available for common stockholders $ 36 $ 39 $ 117 $ 126
Earnings per share:        
Basic $ 0.46 $ 0.52 $ 1.54 $ 1.73
Diluted $ 0.45 $ 0.51 $ 1.52 $ 1.71
Weighted average common shares outstanding:        
Weighted Average Number of Shares Outstanding, Basic 76,742,789 74,649,469 75,910,080 72,879,007
Weighted Average Number of Shares Outstanding, Diluted 77,348,976 75,360,089 76,646,487 73,745,640
Comprehensive income:        
Net income available for common stockholders $ 36 $ 39 $ 117 $ 126
Other comprehensive income:        
Cumulative translation adjustment, before income taxes (6) (1) (3) (14)
Income taxes related to items of other comprehensive income       (1)
Other comprehensive income (loss), net of tax (6) (1) (3) (13)
Comprehensive income available for common stockholders 30 38 114 113
Comprehensive income attributable to noncontrolling interests:        
Net income attributable to noncontrolling interests 225 219 678 709
Other comprehensive income - cumulative translation adjustment (22) (2) (11) (60)
Comprehensive income attributable to noncontrolling interests $ 203 $ 217 $ 667 $ 649