XML 77 R54.htm IDEA: XBRL DOCUMENT v3.24.3

Segment and Geographic Information (Tables)

12 Months Ended

Sep. 30, 2024

Segment Reporting [Abstract]

Schedule of Segment Reporting Information

Information for the reportable segments is shown in accordance with the Segment Reporting Topic of the ASC as follows:

			Year Ended September 30,
(in millions)			2024						2023						2022
Total revenues:
Commercial			$	97,278.3					$	58,249.2					$	63,743.2
Institutional			1,962.1						1,513.6						831.8
Self-Directed/Retail			440.2						888.5						1,304.2
Payments			209.6						212.6						172.0
Corporate			46.9						31.7						7.8
Eliminations			(49.3)						(39.5)						(23.0)
Total			$	99,887.8					$	60,856.1					$	66,036.0
Operating revenues:
Commercial			$	871.9					$	862.7					$	692.1
Institutional			1,962.1						1,513.6						831.8
Self-Directed/Retail			395.0						333.0						426.7
Payments			209.6						212.6						172.0
Corporate			46.9						31.7						7.8
Eliminations			(49.3)						(39.5)						(23.0)
Total			$	3,436.2					$	2,914.1					$	2,107.4
Net operating revenues (loss):
Commercial			$	715.9					$	721.3					$	586.5
Institutional			630.4						532.0						483.5
Self-Directed/Retail			286.1						227.3						302.9
Payments			199.5						203.3						162.5
Corporate			(64.7)						(62.9)						(59.5)
Total			$	1,767.2					$	1,621.0					$	1,475.9
Net contribution:
(Revenues less cost of sales of physical commodities, transaction-based clearing expenses, variable compensation, introducing broker commissions and interest expense)
Commercial			$	541.8					$	544.9					$	415.3
Institutional			430.3						351.5						295.1
Self-Directed/Retail			267.0						212.7						280.3
Payments			162.5						164.5						131.2
Total			$	1,401.6					$	1,273.6					$	1,121.9
Segment income:
(Net contribution less non-variable direct segment costs)
Commercial			$	387.7					$	390.7					$	288.3
Institutional			266.0						217.9						174.6
Self-Directed/Retail			119.3						45.8						115.4
Payments			112.6						109.1						97.4
Total			$	885.6					$	763.5					$	675.7
Reconciliation of segment income to income before tax:
Segment income			$	885.6					$	763.5					$	675.7
Net operating loss within Corporate			(64.7)						(62.9)						(59.5)
Overhead costs and expenses			(466.8)						(400.9)						(339.0)
Gain on acquisitions and other gains, net within Corporate			—						23.3						—
Income before tax			$	354.1					$	323.0					$	277.2

(in millions)			As of September 30, 2024						As of September 30, 2023						As of September 30, 2022
Total assets:
Commercial			$	5,387.0					$	4,676.3					$	5,931.0
Institutional			19,492.9						15,059.3						11,687.1
Self-Directed/Retail			1,024.1						1,014.2						971.2
Payments			438.8						376.6						524.0
Corporate			1,123.5						812.3						746.3
Total			$	27,466.3					$	21,938.7					$	19,859.6

Schedule of Revenue Long-Lived Assets, by Geographical Areas

Information regarding revenues and operating revenues for the ended September 30, 2024, 2023, and 2022, and information regarding long-lived assets (defined as property, equipment, leasehold improvements and software) as of September 30, 2024, 2023, and 2022 in geographic areas were as follows:

			Year Ended September 30,
(in millions)			2024						2023						2022
Total revenues:
United States			$	6,026.3					$	6,017.4					$	5,102.3
Europe			2,358.8						3,498.9						3,440.2
South America			455.0						271.4						87.2
Middle East and Asia			91,015.0						51,023.6						57,395.5
Other			32.7						44.8						10.8
Total			$	99,887.8					$	60,856.1					$	66,036.0
Operating revenues:
United States			$	2,507.0					$	2,120.4					$	1,448.2
Europe			594.8						494.3						474.6
South America			141.8						127.0						87.2
Middle East and Asia			159.9						127.6						86.6
Other			32.7						44.8						10.8
Total			$	3,436.2					$	2,914.1					$	2,107.4
(in millions)			As of September 30, 2024						As of September 30, 2023						As of September 30, 2022
Long-lived assets, as defined:
United States			$	76.2					$	76.0					$	67.9
Europe			54.2						40.7						41.1
South America			5.6						4.4						2.9
Middle East and Asia			7.1						2.4						1.0
Other			—						—						—
Total			$	143.1					$	123.5					$	112.9

X

- Definition

Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(1))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-41

+ Details

Name:	us-gaap_ScheduleOfRevenuesFromExternalCustomersAndLongLivedAssetsByGeographicalAreasTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration