Revenue Recognition (Tables)

6 Months Ended

Jun. 30, 2023

Disaggregation of Revenue [Table Text Block]

The following table represents a disaggregation of revenue from contracts with customers by product line for the quarter ended June 30, 2023 and 2022:


	Quarter Ended June 30,				Six Months Ended June 30,
(in millions)	2023		2022		2023		2022
Interest rates	$	352.9	$	324.6	$	797.7	$	699.5
Equity indexes	248.3		255.9		517.5		515.0
Foreign exchange	44.5		45.2		92.0		90.0
Agricultural commodities	147.4		114.3		262.7		240.3
Energy	175.8		140.2		343.7		315.4
Metals	56.4		45.2		117.3		99.6
BrokerTec fixed income	37.9		42.1		77.1		86.4
EBS foreign exchange	32.0		39.8		67.8		82.2
Interest rate swap	23.1		17.3		42.7		34.3
Total clearing and transaction fees	1,118.3		1,024.6		2,318.5		2,162.7
Market data and information services	163.1		151.7		328.9		303.4
Other	78.8		60.9		154.4		117.7
Total revenues	$	1,360.2	$	1,237.2	$	2,801.8	$	2,583.8

Timing of Revenue Recognition
Services transferred at a point in time	$	1,093.1	$	965.8	$	2,270.6	$	2,043.1
Services transferred over time	262.5		266.6		522.0		531.3
One-time charges and miscellaneous revenues	4.6		4.8		9.2		9.4
Total revenues	$	1,360.2	$	1,237.2	$	2,801.8	$	2,583.8