XML 133 R112.htm IDEA: XBRL DOCUMENT v3.25.3
Acquisitions - R.J. O’Brien - Schedule of Aggregate Merger Consideration (Details) - USD ($)
$ in Millions
Apr. 14, 2025
Sep. 30, 2025
Sep. 30, 2024
Purchase Price Allocation to Net Assets      
Goodwill   $ 298.3 $ 61.0
RJO      
Business Combination [Line Items]      
Cash consideration $ 651.9    
Amounts receivable from sellers (10.0)    
Total merger consideration 942.0    
Purchase Price Allocation to Net Assets      
Cash and cash equivalents 162.5    
Cash, securities and other assets segregated under federal and other regulations 2,182.0    
Securities purchased under agreements to resell 1,581.2    
Deposits with and receivables from broker-dealers, clearing organizations and counterparties, net 3,287.7    
Receivable from clients, net 25.6    
Financial instruments owned, at fair value 30.6    
Deferred tax asset (0.5)    
Property and equipment, net 14.9    
Operating right of use assets 6.4    
Other assets 54.9    
Total fair value of tangible assets acquired 7,345.3    
Accounts payable and other accrued liabilities 118.0    
Operating lease liabilities 11.3    
Payable to clients 6,637.2    
Payables to lenders under loans 125.7    
Income taxes payable 0.8    
Deferred tax liabilities 95.3    
Total fair value of liabilities assumed 6,988.3    
Fair value of tangible net assets acquired 357.0    
Total fair value of intangible assets acquired 410.6    
Fair value of identifiable net assets acquired 767.6    
Total merger consideration 942.0    
Goodwill 174.4    
RJO | Client base      
Purchase Price Allocation to Net Assets      
Total fair value of intangible assets acquired 407.7    
RJO | Trade/domain names and other licenses      
Purchase Price Allocation to Net Assets      
Total fair value of intangible assets acquired 2.9    
RJO | Common Stock      
Business Combination [Line Items]      
Common stock $ 300.1