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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues:      
Total revenues $ 3,958.5 $ 3,494.8 $ 3,427.1
Cost of revenues:      
Total cost of revenues 2,216.8 2,018.7 2,172.8
Revenues less cost of revenues 1,741.7 1,476.1 1,254.3
Operating expenses:      
Compensation and benefits 363.0 288.5 224.9
Depreciation and amortization 166.8 167.4 158.5
Technology support services 77.7 66.7 54.5
Professional fees and outside services 89.0 83.7 60.6
Travel and promotional expenses 23.7 9.7 6.6
Facilities costs 25.1 22.2 17.6
Acquisition-related costs 19.9 15.6 45.2
Goodwill impairment 460.9    
Other expenses 26.0 16.4 24.2
Total operating expenses 1,252.1 670.2 592.1
Operating income 489.6 805.9 662.2
Non-operating (expenses) income:      
Interest expense, net (56.4) (47.4) (37.6)
Other (expense) income, net (0.3) (2.4) 35.8
Income before income tax provision 432.9 756.1 660.4
Income tax provision 197.9 227.1 192.2
Net income 235.0 529.0 468.2
Net income allocated to participating securities (0.9) (1.7) (1.2)
Net income allocated to common stockholders $ 234.1 $ 527.3 $ 467.0
Basic earnings per share (in dollars per share) $ 2.20 $ 4.93 $ 4.28
Diluted earnings per share (in dollars per share) $ 2.19 $ 4.92 $ 4.27
Basic weighted average shares outstanding (in shares) 106.3 107.0 109.1
Diluted weighted average shares outstanding (in shares) 106.7 107.2 109.3
Cash and spot markets      
Revenues:      
Total revenues $ 1,777.6 $ 1,660.5 $ 1,820.1
Data and access solutions      
Revenues:      
Total revenues 497.0 427.7 360.5
Derivatives markets      
Revenues:      
Total revenues 1,683.9 1,406.6 1,246.5
Liquidity payments      
Cost of revenues:      
Total cost of revenues 1,670.2 1,650.7 1,554.1
Routing and clearing      
Cost of revenues:      
Total cost of revenues 83.2 87.8 70.4
Section 31 fees      
Cost of revenues:      
Total cost of revenues 329.8 179.6 465.0
Royalty fees and other cost of revenues      
Cost of revenues:      
Total cost of revenues $ 133.6 $ 100.6 $ 83.3