Revenue Recognition (Tables)

9 Months Ended

Sep. 30, 2022

Disaggregation of Revenue [Table Text Block]

The following table represents a disaggregation of revenue from contracts with customers by product line for the quarters and nine months ended September 30, 2022 and 2021:


	Quarter Ended September 30,				Nine Months Ended September 30,
(in millions)	2022		2021		2022		2021
Interest rates	$	317.8	$	251.0	$	1,017.3	$	816.2
Equity indexes	249.7		181.1		764.7		551.9
Foreign exchange	50.8		39.8		140.8		119.3
Agricultural commodities	104.4		96.3		344.7		354.8
Energy	134.0		157.1		449.4		456.2
Metals	48.4		45.0		148.0		154.8
BrokerTec fixed income	40.7		40.7		127.1		129.0
EBS foreign exchange	36.4		38.8		118.6		125.5
Optimization	—		14.0		—		59.9
Interest rate swap	16.4		15.1		50.7		48.2
Total clearing and transaction fees	998.6		878.9		3,161.3		2,815.8
Market data and information services	154.3		145.4		457.7		434.8
Other	74.9		85.6		192.6		291.8
Total revenues	$	1,227.8	$	1,109.9	$	3,811.6	$	3,542.4

Timing of Revenue Recognition
Services transferred at a point in time	$	977.1	$	852.4	$	3,084.7	$	2,733.5
Services transferred over time	245.1		255.3		711.9		798.2
One-time charges and miscellaneous revenues	5.6		2.2		15.0		10.7
Total revenues	$	1,227.8	$	1,109.9	$	3,811.6	$	3,542.4