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Condensed Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues:        
Total revenues $ 974.0 $ 907.8 $ 1,931.2 $ 1,896.0
Cost of revenues:        
Total cost of revenues 460.2 440.7 915.3 957.5
Revenues less cost of revenues 513.8 467.1 1,015.9 938.5
Operating expenses:        
Compensation and benefits 116.1 106.5 231.4 216.9
Depreciation and amortization 31.8 39.8 69.1 81.2
Technology support services 24.6 28.3 48.8 50.5
Professional fees and outside services 25.8 20.4 47.3 44.3
Travel and promotional expenses 9.3 13.5 16.8 19.7
Facilities costs 6.1 6.2 12.6 13.8
Acquisition-related costs 0.6 0.7 1.2 7.1
Impairment of intangible assets 81.0   81.0  
Other expenses 8.4 6.9 15.2 12.3
Total operating expenses 303.7 222.3 523.4 445.8
Operating income 210.1 244.8 492.5 492.7
Non-operating (expenses) income:        
Interest expense (12.8) (16.7) (25.8) (33.8)
Interest income 4.6 2.8 8.7 4.8
Earnings on investments 14.2 9.3 28.2 24.6
Other (expense) income, net (13.1) 1.6 (8.5) 1.7
Income before income tax provision 203.0 241.8 495.1 490.0
Income tax provision 62.6 74.0 145.2 148.8
Net income 140.4 167.8 349.9 341.2
Net income allocated to participating securities (0.7) (0.8) (1.9) (1.6)
Net income allocated to common stockholders $ 139.7 $ 167.0 $ 348.0 $ 339.6
Basic earnings per share (in dollars per share) $ 1.33 $ 1.58 $ 3.30 $ 3.21
Diluted earnings per share (in dollars per share) $ 1.33 $ 1.57 $ 3.29 $ 3.20
Basic weighted average shares outstanding (in shares) 105.1 105.7 105.4 105.8
Diluted weighted average shares outstanding (in shares) 105.4 106.1 105.8 106.1
Cash and spot markets        
Revenues:        
Total revenues $ 386.4 $ 341.3 $ 767.3 $ 748.3
Data and access solutions        
Revenues:        
Total revenues 142.1 135.3 282.3 264.7
Derivatives markets        
Revenues:        
Total revenues 445.5 431.2 881.6 883.0
Liquidity payments        
Cost of revenues:        
Total cost of revenues 307.0 337.4 645.8 709.2
Routing and clearing        
Cost of revenues:        
Total cost of revenues 16.6 20.8 32.6 44.8
Section 31 fees        
Cost of revenues:        
Total cost of revenues 77.7 34.5 119.8 109.4
Royalty fees and other cost of revenues        
Cost of revenues:        
Total cost of revenues $ 58.9 $ 48.0 $ 117.1 $ 94.1