XML 66 R94.htm IDEA: XBRL DOCUMENT v3.19.3
Revenues from Contracts with Customers (Details) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Dec. 31, 2018
Disaggregation of Revenue [Line Items]          
Revenues from contracts with customers $ 139,627,000 $ 40,252,000 $ 359,894,000 $ 140,661,000  
Total revenues 385,364,000 295,123,000 1,126,812,000 1,438,303,000  
Revenue related to performance obligations that had been satisfied in previous periods 300,000   1,000,000.0    
Receivables related to revenue from contracts with customers 54,000,000.0   54,000,000.0   $ 1,700,000
Impairment losses on receivables     0    
Deferred revenue related to contracts with customers 10,000,000.0   10,000,000.0    
Revenue recognized 8,100,000   23,100,000    
Services transferred at a point in time          
Disaggregation of Revenue [Line Items]          
Total revenues 365,859,000 294,790,000 1,080,259,000 1,433,314,000  
Services transferred over time          
Disaggregation of Revenue [Line Items]          
Total revenues 19,505,000 333,000 46,553,000 4,989,000  
Commissions, net          
Disaggregation of Revenue [Line Items]          
Revenues from contracts with customers 105,617,000 39,919,000 277,059,000 135,672,000  
Technology services          
Disaggregation of Revenue [Line Items]          
Revenues from contracts with customers   333,000   4,989,000  
Workflow technology          
Disaggregation of Revenue [Line Items]          
Revenues from contracts with customers 24,041,000   58,369,000    
Analytics          
Disaggregation of Revenue [Line Items]          
Revenues from contracts with customers 9,969,000   24,466,000    
Other sources of revenue          
Disaggregation of Revenue [Line Items]          
Other sources of revenue 245,737,000 254,871,000 766,918,000 1,297,642,000  
Operating Segments | Market Making          
Disaggregation of Revenue [Line Items]          
Revenues from contracts with customers 7,252,000 6,587,000 17,213,000 21,886,000  
Total revenues 250,797,000 264,370,000 765,022,000 984,601,000  
Operating Segments | Market Making | Services transferred at a point in time          
Disaggregation of Revenue [Line Items]          
Total revenues 250,797,000 264,370,000 765,022,000 984,601,000  
Operating Segments | Market Making | Services transferred over time          
Disaggregation of Revenue [Line Items]          
Total revenues 0 0 0 0  
Operating Segments | Market Making | Commissions, net          
Disaggregation of Revenue [Line Items]          
Revenues from contracts with customers 7,252,000 6,587,000 17,213,000 21,886,000  
Operating Segments | Market Making | Technology services          
Disaggregation of Revenue [Line Items]          
Revenues from contracts with customers   0   0  
Operating Segments | Market Making | Workflow technology          
Disaggregation of Revenue [Line Items]          
Revenues from contracts with customers 0   0    
Operating Segments | Market Making | Analytics          
Disaggregation of Revenue [Line Items]          
Revenues from contracts with customers 0   0    
Operating Segments | Market Making | Other sources of revenue          
Disaggregation of Revenue [Line Items]          
Other sources of revenue 243,545,000 257,783,000 747,809,000 962,715,000  
Operating Segments | Execution Services          
Disaggregation of Revenue [Line Items]          
Revenues from contracts with customers 132,375,000 33,665,000 342,681,000 118,775,000  
Total revenues 134,369,000 34,206,000 359,911,000 458,759,000  
Operating Segments | Execution Services | Services transferred at a point in time          
Disaggregation of Revenue [Line Items]          
Total revenues 114,864,000 33,873,000 313,358,000 453,770,000  
Operating Segments | Execution Services | Services transferred over time          
Disaggregation of Revenue [Line Items]          
Total revenues 19,505,000 333,000 46,553,000 4,989,000  
Operating Segments | Execution Services | Commissions, net          
Disaggregation of Revenue [Line Items]          
Revenues from contracts with customers 98,365,000 33,332,000 259,846,000 113,786,000  
Operating Segments | Execution Services | Technology services          
Disaggregation of Revenue [Line Items]          
Revenues from contracts with customers   333,000   4,989,000  
Operating Segments | Execution Services | Workflow technology          
Disaggregation of Revenue [Line Items]          
Revenues from contracts with customers 24,041,000   58,369,000    
Operating Segments | Execution Services | Analytics          
Disaggregation of Revenue [Line Items]          
Revenues from contracts with customers 9,969,000   24,466,000    
Operating Segments | Execution Services | Other sources of revenue          
Disaggregation of Revenue [Line Items]          
Other sources of revenue 1,994,000 541,000 17,230,000 339,984,000  
Corporate          
Disaggregation of Revenue [Line Items]          
Revenues from contracts with customers 0 0 0 0  
Total revenues 198,000 (3,453,000) 1,879,000 (5,057,000)  
Corporate | Services transferred at a point in time          
Disaggregation of Revenue [Line Items]          
Total revenues 198,000 (3,453,000) 1,879,000 (5,057,000)  
Corporate | Services transferred over time          
Disaggregation of Revenue [Line Items]          
Total revenues 0 0 0 0  
Corporate | Commissions, net          
Disaggregation of Revenue [Line Items]          
Revenues from contracts with customers 0 0 0 0  
Corporate | Technology services          
Disaggregation of Revenue [Line Items]          
Revenues from contracts with customers   0   0  
Corporate | Workflow technology          
Disaggregation of Revenue [Line Items]          
Revenues from contracts with customers 0   0    
Corporate | Analytics          
Disaggregation of Revenue [Line Items]          
Revenues from contracts with customers 0   0    
Corporate | Other sources of revenue          
Disaggregation of Revenue [Line Items]          
Other sources of revenue $ 198,000 $ (3,453,000) $ 1,879,000 $ (5,057,000)