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Condensed Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:    
Total revenues $ 957.2 $ 988.2
Cost of revenues:    
Total cost of revenues 455.1 516.8
Revenues less cost of revenues 502.1 471.4
Operating expenses:    
Compensation and benefits 115.3 110.4
Depreciation and amortization 37.3 41.4
Technology support services 24.2 22.2
Professional fees and outside services 21.5 23.9
Travel and promotional expenses 7.5 6.2
Facilities costs 6.5 7.6
Acquisition-related costs 0.6 6.4
Other expenses 6.8 5.4
Total operating expenses 219.7 223.5
Operating income 282.4 247.9
Non-operating income (expenses):    
Interest expense (13.0) (17.1)
Interest income 4.1 2.0
Earnings in investments 14.0 15.3
Other income, net 4.6 0.1
Income before income tax provision 292.1 248.2
Income tax provision 82.6 74.8
Net income 209.5 173.4
Net income allocated to participating securities (1.2) (0.8)
Net income allocated to common stockholders $ 208.3 $ 172.6
Basic earnings per share (in dollars per share) $ 1.97 $ 1.63
Diluted earnings per share (in dollars per share) $ 1.96 $ 1.63
Basic weighted average shares outstanding (in shares) 105.6 105.9
Diluted weighted average shares outstanding (in shares) 106.1 106.2
Cash and spot markets    
Revenues:    
Total revenues $ 380.9 $ 407.0
Data and access solutions    
Revenues:    
Total revenues 140.2 129.4
Derivatives markets    
Revenues:    
Total revenues 436.1 451.8
Liquidity payments    
Cost of revenues:    
Total cost of revenues 338.8 371.8
Routing and clearing    
Cost of revenues:    
Total cost of revenues 16.0 24.0
Section 31 fees    
Cost of revenues:    
Total cost of revenues 42.1 74.9
Royalty fees and other cost of revenues    
Cost of revenues:    
Total cost of revenues $ 58.2 $ 46.1