XML 53 R41.htm IDEA: XBRL DOCUMENT v3.24.2.u1

Segment Analysis (Tables)

9 Months Ended

Jun. 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:

			Three Months Ended June 30,												Nine Months Ended June 30,
(in millions)			2024						2023						2024						2023
Total revenues:
Commercial			$	26,410.3					$	14,444.5					$	66,867.4					$	42,188.7
Institutional			508.9						381.1						1,408.0						1,087.1
Retail			104.1						170.7						317.1						791.5
Payments			51.1						53.2						161.0						158.4
Corporate			8.3						8.6						31.9						23.9
Eliminations			(13.0)						(10.2)						(36.6)						(29.1)
Total			$	27,069.7					$	15,047.9					$	68,748.8					$	44,220.5
Operating revenues:
Commercial			$	262.2					$	252.7					$	661.1					$	655.2
Institutional			508.9						381.1						1,408.0						1,087.1
Retail			96.2						91.5						290.7						240.6
Payments			51.1						53.2						161.0						158.4
Corporate			8.3						8.6						31.9						23.9
Eliminations			(13.0)						(10.2)						(36.6)						(29.1)
Total			$	913.7					$	776.9					$	2,516.1					$	2,136.1
Net operating revenues (loss):
Commercial			$	220.5					$	213.6					$	548.1					$	551.4
Institutional			157.7						120.3						456.1						401.4
Retail			68.5						65.1						209.8						159.8
Payments			48.7						51.0						153.7						151.7
Corporate			(26.9)						(14.1)						(55.3)						(47.0)
Total			$	468.5					$	435.9					$	1,312.4					$	1,217.3
Net contribution:
(Revenues less cost of sales of physical commodities, transaction-based clearing expenses, variable compensation, introducing broker commissions and interest expense)
Commercial			$	168.7					$	156.9					$	414.4					$	413.5
Institutional			104.8						81.7						307.5						265.6
Retail			63.7						60.3						196.2						147.9
Payments			40.1						41.9						125.0						122.1
Total			$	377.3					$	340.8					$	1,043.1					$	949.1
Segment income:
(Net contribution less non-variable direct segment costs)
Commercial			$	125.7					$	117.0					$	298.5					$	302.7
Institutional			62.2						45.1						188.7						162.9
Retail			27.6						17.2						89.5						17.8
Payments			28.2						28.6						87.8						76.8
Total			$	243.7					$	207.9					$	664.5					$	560.2
Reconciliation of segment income to income before tax:
Segment income			$	243.7					$	207.9					$	664.5					$	560.2
Net operating revenue (loss) with Corporate			(26.9)						(14.1)						(55.3)						(47.0)
Overhead costs and expenses			(128.8)						(99.3)						(353.2)						(289.1)
Gain on acquisition			—						—						—						23.5
Income before tax			$	88.0					$	94.5					$	256.0					$	247.6
(in millions)			As of June 30, 2024						As of September 30, 2023
Total assets:
Commercial			$	4,743.7					$	4,676.3
Institutional			18,635.7						15,059.3
Retail			1,056.9						1,014.2
Payments			562.3						376.6
Corporate			932.2						812.3
Total			$	25,930.8					$	21,938.7

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