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Segment, Geographic and Product Information
 12 Months Ended
Dec. 31, 2020
Segment Reporting [Abstract]  
Segment, Geographic and Product Information

25.

Segment, Geographic and Product Information

Segment Information

The Company currently operates its business in one reportable segment, by providing brokerage services to the financial markets, integrated Voice, Hybrid and Fully Electronic brokerage in a broad range of products, including fixed income (Rates and Credit), FX, Equity derivatives and cash equities, Insurance, Energy and commodities, and futures. It also provides a wide range of services, including trade execution, brokerage, clearing, trade compression, post-trade, information, consulting, and other back-office services to a broad range of financial and non-financial institutions.

Geographic Information

The Company offers products and services in the U.K., U.S., Asia (including Australia), Other Europe, MEA, France, and Other Americas. Information regarding revenues is as follows (in thousands):

 

 

 

Year Ended December 31,

 

 

 

2020

 

 

2019

 

 

2018

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

U.K.

 

$

867,066

 

 

$

864,955

 

 

$

811,542

 

U.S.

 

 

518,770

 

 

 

564,037

 

 

 

544,887

 

Asia

 

 

311,190

 

 

 

331,328

 

 

 

278,141

 

Other Europe/MEA

 

 

192,852

 

 

 

202,144

 

 

 

170,561

 

France

 

 

107,679

 

 

 

83,664

 

 

 

77,992

 

Other Americas

 

 

59,163

 

 

 

58,103

 

 

 

54,687

 

Total revenues

 

$

2,056,720

 

 

$

2,104,231

 

 

$

1,937,810

 

 

Information regarding long-lived assets (defined as loans, forgivable loans and other receivables from employees and partners, net; fixed assets, net; ROU assets; certain other investments; goodwill; other intangible assets, net of accumulated amortization; and rent and other deposits) in the geographic areas is as follows (in thousands):

 

 

 

Year Ended December 31,

 

 

 

2020

 

 

2019

 

Long-lived assets:

 

 

 

 

 

 

 

 

U.S.

 

$

767,082

 

 

$

766,315

 

U.K.

 

 

655,906

 

 

 

595,571

 

Asia

 

 

119,619

 

 

 

122,564

 

Other Europe/MEA

 

 

66,487

 

 

 

38,994

 

France

 

 

28,518

 

 

 

21,877

 

Other Americas

 

 

18,236

 

 

 

19,595

 

Total long-lived assets

 

$

1,655,848

 

 

$

1,564,916

 

 

Product Information

The Company’s business is based on the products and services provided and reflect the manner in which financial information is evaluated by management.

The Company specializes in the brokerage of a broad range of products, including fixed income (Rates and Credit), FX, Equity derivatives and cash equities, Insurance, Energy and commodities, and futures. It also provides a wide range of services, including trade execution, broker-dealer services, clearing, trade compression, post trade, information, consulting, and other back-office services to a broad range of financial and non-financial institutions.

Product information regarding revenues is as follows (in thousands):

 

 

 

Year Ended December 31,

 

 

 

2020

 

 

2019

 

 

2018

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

Rates

 

$

544,094

 

 

$

594,884

 

 

$

549,825

 

Credit

 

 

329,904

 

 

 

306,713

 

 

 

292,171

 

FX

 

 

315,253

 

 

 

370,318

 

 

 

396,256

 

Energy and commodities

 

 

292,641

 

 

 

288,697

 

 

 

229,121

 

Equities derivatives and cash equities

 

 

254,702

 

 

 

251,339

 

 

 

288,265

 

Insurance

 

 

182,707

 

 

 

155,790

 

 

 

68,937

 

Total brokerage revenues

 

$

1,919,301

 

 

$

1,967,741

 

 

$

1,824,575

 

All other revenues

 

 

137,419

 

 

 

136,490

 

 

 

113,235

 

Total revenues

 

$

2,056,720

 

 

$

2,104,231

 

 

$

1,937,810