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Condensed Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues:        
Total revenues $ 908.8 $ 993.5 $ 2,804.8 $ 2,953.8
Cost of revenues:        
Total cost of revenues 428.3 551.1 1,385.8 1,669.2
Revenues less cost of revenues 480.5 442.4 1,419.0 1,284.6
Operating expenses:        
Compensation and benefits 96.1 102.0 313.0 269.4
Depreciation and amortization 38.8 41.0 120.0 122.1
Technology support services 25.0 19.1 75.5 56.4
Professional fees and outside services 24.4 20.4 68.7 64.2
Travel and promotional expenses 8.9 6.1 28.6 14.5
Facilities costs 6.2 6.2 20.0 19.3
Acquisition-related costs 0.8 1.6 7.9 17.9
Goodwill impairment   0.8   460.9
Other expenses 9.1 8.4 21.4 20.8
Total operating expenses 209.3 205.6 655.1 1,045.5
Operating income 271.2 236.8 763.9 239.1
Non-operating (expenses) income:        
Interest expense (15.4) (16.1) (49.2) (42.9)
Interest income 3.5 0.8 8.3 2.2
Other income (expense), net 10.8 7.5 37.1 (1.3)
Income before income tax provision 270.1 229.0 760.1 197.1
Income tax provision 61.9 78.8 210.7 121.8
Net income 208.2 150.2 549.4 75.3
Net income allocated to participating securities (1.1) (0.6) (2.7) (0.6)
Net income allocated to common stockholders $ 207.1 $ 149.6 $ 546.7 $ 74.7
Basic earnings per share (in dollars per share) $ 1.96 $ 1.41 $ 5.17 $ 0.70
Diluted earnings per share (in dollars per share) $ 1.95 $ 1.41 $ 5.15 $ 0.70
Basic weighted average shares outstanding (in shares) 105.7 106.2 105.8 106.4
Diluted weighted average shares outstanding (in shares) 106.1 106.4 106.2 106.6
Cash and spot markets        
Revenues:        
Total revenues $ 335.1 $ 434.2 $ 1,083.4 $ 1,354.6
Data and access solutions        
Revenues:        
Total revenues 137.0 126.1 401.7 368.9
Derivatives markets        
Revenues:        
Total revenues 436.7 433.2 1,319.7 1,230.3
Liquidity payments        
Cost of revenues:        
Total cost of revenues 323.7 392.3 1,032.9 1,288.8
Routing and clearing        
Cost of revenues:        
Total cost of revenues 17.8 20.2 62.6 63.4
Section 31 fees        
Cost of revenues:        
Total cost of revenues 36.1 105.4 145.5 220.7
Royalty fees and other cost of revenues        
Cost of revenues:        
Total cost of revenues $ 50.7 $ 33.2 $ 144.8 $ 96.3