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Condensed Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues:        
Total revenues $ 907.8 $ 985.8 $ 1,896.0 $ 1,960.3
Cost of revenues:        
Total cost of revenues 440.7 561.7 957.5 1,118.1
Revenues less cost of revenues 467.1 424.1 938.5 842.2
Operating expenses:        
Compensation and benefits 106.5 86.2 216.9 167.4
Depreciation and amortization 39.8 40.2 81.2 81.1
Technology support services 28.3 18.1 50.5 37.3
Professional fees and outside services 20.4 24.1 44.3 43.8
Travel and promotional expenses 13.5 5.5 19.7 8.4
Facilities costs 6.2 6.6 13.8 13.1
Acquisition-related costs 0.7 14.3 7.1 16.3
Goodwill impairment   460.1   460.1
Other expenses 6.9 6.4 12.3 12.4
Total operating expenses 222.3 661.5 445.8 839.9
Operating income (loss) 244.8 (237.4) 492.7 2.3
Non-operating (expenses) income:        
Interest expense, net (13.9) (14.6) (29.0) (25.4)
Other income (expense), net 10.9 (4.8) 26.3 (8.8)
Income (loss) before income tax provision (benefit) 241.8 (256.8) 490.0 (31.9)
Income tax provision (benefit) 74.0 (72.3) 148.8 43.0
Net income (loss) 167.8 (184.5) 341.2 (74.9)
Net income allocated to participating securities (0.8)   (1.6)  
Net income (loss) allocated to common stockholders $ 167.0 $ (184.5) $ 339.6 $ (74.9)
Basic earnings (loss) per share (in dollars per share) $ 1.58 $ (1.74) $ 3.21 $ (0.70)
Diluted earnings (loss) per share (in dollars per share) $ 1.57 $ (1.74) $ 3.20 $ (0.70)
Basic weighted average shares outstanding (in shares) 105.7 106.3 105.8 106.5
Diluted weighted average shares outstanding (in shares) 106.1 106.3 106.1 106.5
Cash and spot markets        
Revenues:        
Total revenues $ 341.3 $ 458.5 $ 748.3 $ 920.4
Data and access solutions        
Revenues:        
Total revenues 135.3 123.9 264.7 242.8
Derivatives markets        
Revenues:        
Total revenues 431.2 403.4 883.0 797.1
Liquidity payments        
Cost of revenues:        
Total cost of revenues 337.4 429.0 709.2 896.5
Routing and clearing        
Cost of revenues:        
Total cost of revenues 20.8 20.9 44.8 43.2
Section 31 fees        
Cost of revenues:        
Total cost of revenues 34.5 79.6 109.4 115.3
Royalty fees and other cost of revenues        
Cost of revenues:        
Total cost of revenues $ 48.0 $ 32.2 $ 94.1 $ 63.1