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Revenue (Tables) | 12 Months Ended
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Dec. 31, 2022
Revenue from Contract with Customer [Abstract] |
Schedule of Breakdown of Revenues Between Fixed and Variable Revenues | The breakdown of revenues between fixed and variable revenues for the years ended December 31, 2022, 2021 and 2020 is as follows:
|  | Year Ended |  | Year Ended |  | Year Ended
|  | December 31, 2022 |  | December 31, 2021 |  | December 31, 2020
|  | (in thousands)
|  | Variable |  | Fixed |  | Variable |  | Fixed |  | Variable |  | Fixed
Revenues |  |  |  |  |  |  |  |  |  |  |  |
Transaction fees and commissions |  | $ | 803,465 |  |  | $ | 146,804 |  |  | $ | 690,592 |  |  | $ | 155,762 |  |  | $ | 536,176 |  |  | $ | 145,412 |
Subscription fees |  | 1,873 |  |  | 164,049 |  |  | 1,812 |  |  | 156,636 |  |  | 1,685 |  |  | 140,673 |
Refinitiv market data fees |  | — |  |  | 62,721 |  |  | — |  |  | 61,161 |  |  | — |  |  | 59,706 |
Other |  | 862 |  |  | 9,007 |  |  | 821 |  |  | 9,663 |  |  | 598 |  |  | 8,409 |
Total revenue |  | $ | 806,200 |  |  | $ | 382,581 |  |  | $ | 693,225 |  |  | $ | 383,222 |  |  | $ | 538,459 |  |  | $ | 354,200 |
Schedule of Recognized Revenue and Remaining Deferred Revenue Balance | The revenue recognized and the remaining deferred revenue balances are shown below:
|  | Amount
|  | (in thousands)
Deferred revenue balance - December 31, 2021 |  | $ | 24,930 |
New billings |  | 114,940 |
Revenue recognized |  | (116,951) |
Effect of foreign currency exchange rate changes |  | (92) |
Deferred revenue balance - December 31, 2022 |  | $ | 22,827 |

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130551-203045 + Details
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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 5 -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130545-203045 + Details
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