XML 91 R53.htm IDEA: XBRL DOCUMENT v3.25.1
REVENUE RECOGNITION - Revenue by Product Line and Segment (Details)
$ in Millions
3 Months Ended 12 Months Ended
Mar. 31, 2025
USD ($)
fee
segment
Mar. 31, 2024
USD ($)
Dec. 31, 2024
segment
Segment Reporting Information      
Number of reportable segments | segment 5   6
Number of types of regulatory fees recognized | fee 2    
Revenues $ 1,195.0 $ 957.2  
Services transferred at a point in time      
Segment Reporting Information      
Revenues 1,019.4 795.1  
Services transferred over time      
Segment Reporting Information      
Revenues 175.6 162.1  
Options | Operating Segments      
Segment Reporting Information      
Revenues 584.6 477.4  
Options | Operating Segments | Services transferred at a point in time      
Segment Reporting Information      
Revenues 507.0 406.6  
Options | Operating Segments | Services transferred over time      
Segment Reporting Information      
Revenues 77.6 70.8  
North American Equities | Operating Segments      
Segment Reporting Information      
Revenues 460.1 349.6  
North American Equities | Operating Segments | Services transferred at a point in time      
Segment Reporting Information      
Revenues 394.6 289.2  
North American Equities | Operating Segments | Services transferred over time      
Segment Reporting Information      
Revenues 65.5 60.4  
Europe and Asia Pacific | Operating Segments      
Segment Reporting Information      
Revenues 93.1 80.7  
Europe and Asia Pacific | Operating Segments | Services transferred at a point in time      
Segment Reporting Information      
Revenues 71.9 60.9  
Europe and Asia Pacific | Operating Segments | Services transferred over time      
Segment Reporting Information      
Revenues 21.2 19.8  
Futures | Operating Segments      
Segment Reporting Information      
Revenues 35.3 31.4  
Futures | Operating Segments | Services transferred at a point in time      
Segment Reporting Information      
Revenues 27.2 23.5  
Futures | Operating Segments | Services transferred over time      
Segment Reporting Information      
Revenues 8.1 7.9  
Global FX | Operating Segments      
Segment Reporting Information      
Revenues 21.9 18.8  
Global FX | Operating Segments | Services transferred at a point in time      
Segment Reporting Information      
Revenues 18.7 15.7  
Global FX | Operating Segments | Services transferred over time      
Segment Reporting Information      
Revenues 3.2 3.1  
Digital | Operating Segments      
Segment Reporting Information      
Revenues 0.0 (0.7)  
Digital | Operating Segments | Services transferred at a point in time      
Segment Reporting Information      
Revenues 0.0 (0.8)  
Digital | Operating Segments | Services transferred over time      
Segment Reporting Information      
Revenues 0.0 0.1  
Transaction and clearing fees      
Segment Reporting Information      
Revenues 832.6 718.5  
Transaction and clearing fees | Options | Operating Segments      
Segment Reporting Information      
Revenues 464.5 389.8  
Transaction and clearing fees | North American Equities | Operating Segments      
Segment Reporting Information      
Revenues 271.7 251.7  
Transaction and clearing fees | Europe and Asia Pacific | Operating Segments      
Segment Reporting Information      
Revenues 50.8 38.8  
Transaction and clearing fees | Futures | Operating Segments      
Segment Reporting Information      
Revenues 27.1 23.5  
Transaction and clearing fees | Global FX | Operating Segments      
Segment Reporting Information      
Revenues 18.5 15.5  
Transaction and clearing fees | Digital | Operating Segments      
Segment Reporting Information      
Revenues 0.0 (0.8)  
Access and capacity fees      
Segment Reporting Information      
Revenues 97.8 90.1  
Access and capacity fees | Options | Operating Segments      
Segment Reporting Information      
Revenues 44.0 41.7  
Access and capacity fees | North American Equities | Operating Segments      
Segment Reporting Information      
Revenues 34.5 29.7  
Access and capacity fees | Europe and Asia Pacific | Operating Segments      
Segment Reporting Information      
Revenues 10.9 10.1  
Access and capacity fees | Futures | Operating Segments      
Segment Reporting Information      
Revenues 5.6 5.7  
Access and capacity fees | Global FX | Operating Segments      
Segment Reporting Information      
Revenues 2.8 2.8  
Access and capacity fees | Digital | Operating Segments      
Segment Reporting Information      
Revenues 0.0 0.1  
Market data fees      
Segment Reporting Information      
Revenues 77.8 72.0  
Market data fees | Options | Operating Segments      
Segment Reporting Information      
Revenues 33.6 29.1  
Market data fees | North American Equities | Operating Segments      
Segment Reporting Information      
Revenues 31.0 30.7  
Market data fees | Europe and Asia Pacific | Operating Segments      
Segment Reporting Information      
Revenues 10.3 9.7  
Market data fees | Futures | Operating Segments      
Segment Reporting Information      
Revenues 2.5 2.2  
Market data fees | Global FX | Operating Segments      
Segment Reporting Information      
Revenues 0.4 0.3  
Market data fees | Digital | Operating Segments      
Segment Reporting Information      
Revenues 0.0 0.0  
Regulatory fees      
Segment Reporting Information      
Revenues 161.8 50.2  
Regulatory fees | Options | Operating Segments      
Segment Reporting Information      
Revenues 41.1 15.3  
Regulatory fees | North American Equities | Operating Segments      
Segment Reporting Information      
Revenues 120.7 34.9  
Regulatory fees | Europe and Asia Pacific | Operating Segments      
Segment Reporting Information      
Revenues 0.0 0.0  
Regulatory fees | Futures | Operating Segments      
Segment Reporting Information      
Revenues 0.0 0.0  
Regulatory fees | Global FX | Operating Segments      
Segment Reporting Information      
Revenues 0.0 0.0  
Regulatory fees | Digital | Operating Segments      
Segment Reporting Information      
Revenues 0.0 0.0  
Other revenue      
Segment Reporting Information      
Revenues 25.0 26.4  
Other revenue | Options | Operating Segments      
Segment Reporting Information      
Revenues 1.4 1.5  
Other revenue | North American Equities | Operating Segments      
Segment Reporting Information      
Revenues 2.2 2.6  
Other revenue | Europe and Asia Pacific | Operating Segments      
Segment Reporting Information      
Revenues 21.1 22.1  
Other revenue | Futures | Operating Segments      
Segment Reporting Information      
Revenues 0.1 0.0  
Other revenue | Global FX | Operating Segments      
Segment Reporting Information      
Revenues 0.2 0.2  
Other revenue | Digital | Operating Segments      
Segment Reporting Information      
Revenues 0.0 0.0  
Cash and spot markets      
Segment Reporting Information      
Revenues 500.9 380.9  
Cash and spot markets | Transaction and clearing fees      
Segment Reporting Information      
Revenues 341.0 305.2  
Cash and spot markets | Access and capacity fees      
Segment Reporting Information      
Revenues 0.0 0.0  
Cash and spot markets | Market data fees      
Segment Reporting Information      
Revenues 15.7 16.0  
Cash and spot markets | Regulatory fees      
Segment Reporting Information      
Revenues 120.7 34.9  
Cash and spot markets | Other revenue      
Segment Reporting Information      
Revenues 23.5 24.8  
Data Vantage      
Segment Reporting Information      
Revenues 152.5 140.2  
Data Vantage | Transaction and clearing fees      
Segment Reporting Information      
Revenues 0.0 0.0  
Data Vantage | Access and capacity fees      
Segment Reporting Information      
Revenues 97.8 90.1  
Data Vantage | Market data fees      
Segment Reporting Information      
Revenues 54.0 49.3  
Data Vantage | Regulatory fees      
Segment Reporting Information      
Revenues 0.0 0.0  
Data Vantage | Other revenue      
Segment Reporting Information      
Revenues 0.7 0.8  
Derivatives markets      
Segment Reporting Information      
Revenues 541.6 436.1  
Derivatives markets | Transaction and clearing fees      
Segment Reporting Information      
Revenues 491.6 413.3  
Derivatives markets | Access and capacity fees      
Segment Reporting Information      
Revenues 0.0 0.0  
Derivatives markets | Market data fees      
Segment Reporting Information      
Revenues 8.1 6.7  
Derivatives markets | Regulatory fees      
Segment Reporting Information      
Revenues 41.1 15.3  
Derivatives markets | Other revenue      
Segment Reporting Information      
Revenues $ 0.8 $ 0.8