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Assets and Liabilities, at Fair Value (Tables)
 9 Months Ended
Jun. 30, 2014
Assets and Liabilities, at Fair Value [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
The following tables set forth the Company’s financial and nonfinancial assets and liabilities accounted for at fair value, on a recurring basis, as of June 30, 2014 and September 30, 2013 by level in the fair value hierarchy. There were no assets or liabilities that were measured at fair value on a nonrecurring basis as of June 30, 2014 and September 30, 2013.
 
June 30, 2014
(in millions)
Level 1
 
Level 2
 
Level 3
 
Netting and
Collateral
(1)
 
Total
Assets:
 
 
 
 
 
 
 
 
 
Unrestricted cash equivalents - certificate of deposits
$
1.8

 
$
—

 
$
—

 
$
—

 
$
1.8

Commodities warehouse receipts
19.4

 
—

 
—

 
—

 
19.4

U.S. government obligations
—

 
10.5

 
—

 
—

 
10.5

Securities and other assets segregated under federal and other regulations
19.4

 
10.5

 
—

 
—

 
29.9

Money market funds
526.9

 
—

 
—

 
—

 
526.9

U.S. government obligations
—

 
812.1

 
—

 
—

 
812.1

Mortgage-backed securities
—

 
3.1

 
—

 
—

 
3.1

Derivatives
2,517.3

 
—

 
—

 
(2,617.1
)
 
(99.8
)
Deposits and receivables from exchange-clearing organizations
3,044.2

 
815.2

 
—

 
(2,617.1
)
 
1,242.3

Deposits and receivables from broker-dealers, clearing organizations and counterparties - derivatives
0.4

 
0.6

 
—

 
(9.1
)
 
(8.1
)
Common and preferred stock and American Depositary Receipts (“ADRs”)
91.2

 
4.3

 
0.7

 
—

 
96.2

Exchangeable foreign ordinary equities and ADRs
24.0

 
—

 
—

 
—

 
24.0

Corporate and municipal bonds
2.8

 
3.9

 
3.4

 
—

 
10.1

U.S. government obligations
—

 
0.3

 
—

 
—

 
0.3

Foreign government obligations
2.5

 
—

 
—

 
—

 
2.5

Derivatives
232.6

 
553.0

 
—

 
(765.4
)
 
20.2

Commodities leases
—

 
111.9

 
—

 
(54.2
)
 
57.7

Commodities warehouse receipts
38.3

 
—

 
—

 
—

 
38.3

Exchange firm common stock
4.3

 
—

 
—

 
—

 
4.3

Mutual funds and other
3.8

 
—

 
—

 
—

 
3.8

Mortgage-backed securities
—

 
1.3

 
—

 
—

 
1.3

Financial instruments owned
399.5

 
674.7

 
4.1

 
(819.6
)
 
258.7

Total assets at fair value
$
3,465.3

 
$
1,501.0

 
$
4.1

 
$
(3,445.8
)
 
$
1,524.6

Liabilities:
 
 
 
 
 
 
 
 
 
Accounts payable and other accrued liabilities - contingent liabilities
$
—

 
$
—

 
$
8.0

 
$
—

 
$
8.0

Payable to customers - derivatives
2,405.5

 
8.8

 
—

 
(2,414.3
)
 
—

Common and preferred stock and ADRs
124.1

 
3.6

 
—

 
—

 
127.7

Exchangeable foreign ordinary equities and ADRs
9.8

 
—

 
—

 
—

 
9.8

Corporate and municipal bonds
—

 
—

 
—

 
—

 
—

Derivatives
238.9

 
539.3

 
—

 
(720.7
)
 
57.5

Commodities leases
—

 
133.6

 
—

 
(56.1
)
 
77.5

Financial instruments sold, not yet purchased
372.8

 
676.5

 
—

 
(776.8
)
 
272.5

Total liabilities at fair value
$
2,778.3

 
$
685.3

 
$
8.0

 
$
(3,191.1
)
 
$
280.5

 
(1)
Represents cash collateral and the impact of netting across the levels of the fair value hierarchy. Netting among positions classified within the same level is included in that level.
 
September 30, 2013
(in millions)
Level 1
 
Level 2
 
Level 3
 
Netting and
Collateral
(1)
 
Total
Assets:
 
 
 
 
 
 
 
 
 
Money market funds
$
0.1

 
$
—

 
$
—

 
$
—

 
$
0.1

Certificate of deposits
2.9

 
—

 
—

 
—

 
2.9

Unrestricted cash equivalents
3.0

 
—

 
—

 
—

 
3.0

Money market funds
75.0

 
—

 
—

 
—

 
75.0

Commodities warehouse receipts
13.1

 
—

 
—

 
—

 
13.1

U.S. government obligations
—

 
19.5

 
—

 
—

 
19.5

Securities and other assets segregated under federal and other regulations
88.1

 
19.5

 
—

 
—

 
107.6

Money market funds
841.4

 
—

 
—

 
—

 
841.4

U.S. government obligations
—

 
594.8

 
—

 
—

 
594.8

Mortgage-backed securities
—

 
5.3

 
—

 
—

 
5.3

Derivatives
2,263.2

 
—

 
—

 
(2,333.0
)
 
(69.8
)
Deposits and receivables from exchange-clearing organizations
3,104.6

 
600.1

 
—

 
(2,333.0
)
 
1,371.7

Deposits and receivables from broker-dealers, clearing organizations and counterparties - derivatives
1.8

 
0.2

 
—

 
(15.1
)
 
(13.1
)
Common and preferred stock and American Depositary Receipts (“ADRs”)
49.3

 
19.8

 
0.7

 
—

 
69.8

Exchangeable foreign ordinary equities and ADRs
36.7

 
—

 
—

 
—

 
36.7

Corporate and municipal bonds
0.1

 
—

 
3.5

 
—

 
3.6

U.S. government obligations
—

 
0.3

 
—

 
—

 
0.3

Foreign government obligations
7.7

 
—

 
—

 
—

 
7.7

Derivatives
173.6

 
440.6

 
—

 
(592.3
)
 
21.9

Commodities leases
—

 
56.1

 
—

 
(50.0
)
 
6.1

Commodities warehouse receipts
4.0

 
—

 
—

 
—

 
4.0

Exchange firm common stock
4.4

 
—

 
—

 
—

 
4.4

Mutual funds and other
4.0

 
—

 
—

 
—

 
4.0

Financial instruments owned
279.8

 
516.8

 
4.2

 
(642.3
)
 
158.5

Total assets at fair value
$
3,477.3

 
$
1,136.6

 
$
4.2

 
$
(2,990.4
)
 
$
1,627.7

Liabilities:
 
 
 
 
 
 
 
 
 
Accounts payable and other accrued liabilities - contingent liabilities
$
—

 
$
—

 
$
9.6

 
$
—

 
$
9.6

Payable to customers - derivatives
2,328.2

 
—

 
—

 
(2,328.2
)
 
—

Common and preferred stock and ADRs
82.9

 
16.6

 
—

 
—

 
99.5

Exchangeable foreign ordinary equities and ADRs
8.7

 
—

 
—

 
—

 
8.7

Derivatives
174.0

 
473.2

 
—

 
(616.5
)
 
30.7

Commodities leases
—

 
85.5

 
—

 
(44.5
)
 
41.0

Financial instruments sold, not yet purchased
265.6

 
575.3

 
—

 
(661.0
)
 
179.9

Total liabilities at fair value
$
2,593.8

 
$
575.3

 
$
9.6

 
$
(2,989.2
)
 
$
189.5

(1)
Represents cash collateral and the impact of netting across the levels of the fair value hierarchy. Netting among positions classified within the same level is included in that level.
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]
Information on Level 3 Financial Assets and Liabilities
The Company’s financial assets at fair value classified in level 3 of the fair value hierarchy as of June 30, 2014 and September 30, 2013 are summarized below:
(in millions)
June 30, 2014
 
September 30, 2013
Total level 3 assets
$
4.1

 
$
4.2

Level 3 assets for which the Company bears economic exposure
$
4.1

 
$
4.2

Total assets
$
3,184.1

 
$
2,848.0

Total financial assets at fair value
$
1,524.6

 
$
1,627.7

Total level 3 assets as a percentage of total assets
0.1
%
 
0.1
%
Level 3 assets for which the Company bears economic exposure as a percentage of total assets
0.1
%
 
0.1
%
Total level 3 assets as a percentage of total financial assets at fair value
0.3
%
 
0.3
%
The following tables set forth a summary of changes in the fair value of the Company’s level 3 financial assets and liabilities during the three and nine months ended June 30, 2014 and 2013, including a summary of unrealized gains (losses) during the respective periods on the Company’s level 3 financial assets and liabilities still held as of June 30, 2014.
 
Level 3 Financial Assets and Financial Liabilities
For the Three Months Ended June 30, 2014
 
 
(in millions)
Balances at
beginning of
period
 
Realized gains
(losses) during
period
 
Unrealized
gains (losses)
during period
 
Purchases/issuances
 
Settlements
 
Transfers in
or (out) of
Level 3
 
Balances at
end of period
Assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
Common stock and ADRs
$
0.7

 
$
—

 
$
—

 
$
—

 
$
—

 
$
—

 
$
0.7

Corporate and municipal bonds
3.4

 
—

 
—

 
—

 
—

 
—

 
3.4

 
$
4.1

 
$
—

 
$
—

 
$
—

 
$
—

 
$
—

 
$
4.1

Liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
 
Contingent liabilities
$
9.2

 
$
—

 
$
(0.2
)
 
$
0.5

 
$
(1.5
)
 
$
—

 
$
8.0

 
Level 3 Financial Assets and Financial Liabilities
For the Nine Months Ended June 30, 2014
 
 
(in millions)
Balances at
beginning of
period
 
Realized gains
(losses) during
period
 
Unrealized
gains (losses)
during period
 
Purchases/issuances
 
Settlements
 
Transfers in
or (out) of
Level 3
 
Balances at
end of period
Assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
Common stock and ADRs
$
0.7

 
$
—

 
$
—

 
$
—

 
$
—

 
$
—

 
$
0.7

Corporate and municipal bonds
3.5

 
—

 
(0.1
)
 
—

 
—

 
—

 
3.4

 
$
4.2

 
$
—

 
$
(0.1
)
 
$
—

 
$
—

 
$
—

 
$
4.1

Liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
 
Contingent liabilities
$
9.6

 
$
—

 
$
0.1

 
$
0.5

 
$
(2.2
)
 
$
—

 
$
8.0

 
Level 3 Financial Assets and Financial Liabilities
For the Three Months Ended June 30, 2013
 
 
(in millions)
Balances at
beginning of
period
 
Realized gains
(losses) during
period
 
Unrealized
gains (losses)
during period
 
Purchases/issuances
 
Settlements
 
Transfers in
or (out) of
Level 3
 
Balances at
end of period
Assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
Common stock and ADRs
$
0.9

 
$
—

 
$
(0.1
)
 
$
—

 
$
—

 
$
—

 
$
0.8

Corporate and municipal bonds
3.8

 
—

 
(0.2
)
 
—

 
—

 
—

 
3.6

 
$
4.7

 
$
—

 
$
(0.3
)
 
$
—

 
$
—

 
$
—

 
$
4.4

Liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
 
Contingent liabilities
$
18.4

 
$
—

 
$
0.8

 
$
—

 
$
(3.1
)
 
$
—

 
$
16.1

 
Level 3 Financial Assets and Financial Liabilities
For the Nine Months Ended June 30, 2013
 
 
(in millions)
Balances at
beginning of
period
 
Realized gains
(losses) during
period
 
Unrealized
gains (losses)
during period
 
Purchases/issuances
 
Settlements
 
Transfers in
or (out) of
Level 3
 
Balances at
end of period
Assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
Common stock and ADRs
$
0.9

 
$
—

 
$
(0.1
)
 
$
—

 
$
—

 
$
—

 
$
0.8

Corporate and municipal bonds
3.6

 
—

 
—

 
—

 
—

 
—

 
3.6

 
$
4.5

 
$
—

 
$
(0.1
)
 
$
—

 
$
—

 
$
—

 
$
4.4

Liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
 
Contingent liabilities
$
14.8

 
$
—

 
$
1.6

 
$
3.1

 
$
(3.4
)
 
$
—

 
$
16.1
Available-for-sale Securities [Table Text Block]
The following tables summarize the amortized cost basis, the aggregate fair value and gross unrealized holding gains and losses of the Company’s investment securities classified as available-for-sale as of June 30, 2014 and September 30, 2013:
June 30, 2014
Amounts included in deposits with and receivables from exchange-clearing organizations and financial instruments owned:
 
Amortized
Cost
 
Unrealized Holding
 
Estimated
Fair Value
(in millions)
Gains
 
(Losses)
 
U.S. government obligations
$
793.1

 
$
0.1

 
$
—

 
$
793.2

Mortgage-backed securities
4.3

 
0.1

 
—

 
4.4

 
$
797.4

 
$
0.2

 
$
—

 
$
797.6

 
September 30, 2013
Amounts included in deposits with and receivables from exchange-clearing organizations:
 
Amortized
Cost
 
Unrealized Holding(1)
 
Estimated
Fair Value
(in millions)
Gains
 
(Losses)
 
U.S. government obligations
$
568.5

 
$
—

 
$
—

 
$
568.5

Mortgage-backed securities
5.2

 
0.1

 
—

 
5.3

 
$
573.7

 
$
0.1

 
$
—

 
$
573.8

(1) Unrealized gain/loss on U.S. government obligations as of September 30, 2013, was less than $0.1 million.
As of June 30, 2014 and September 30, 2013, investments in debt securities classified as available-for-sale (“AFS”) mature as follows:
June 30, 2014
 
Due in
 
Estimated
Fair Value
(in millions)
Less than 1 year
 
1 year or more
 
U.S. government obligations
$
593.2

 
$
200.0

 
$
793.2

Mortgage-backed securities
—

 
4.4

 
4.4

 
$
593.2

 
$
204.4

 
$
797.6

September 30, 2013
 
Due in
 
Estimated
Fair Value
(in millions)
Less than 1 year
 
1 year or more
 
U.S. government obligations
$
568.5

 
$
—

 
$
568.5

Mortgage-backed securities
—

 
5.3

 
5.3

 
$
568.5

 
$
5.3

 
$
573.8

Except as discussed previously, there were no other sales of AFS securities during the three months ended June 30, 2014 and 2013, and as a result, no realized gains or losses were recorded for the three months ended June 30, 2014 and 2013.
For the purposes of the maturity schedule, mortgage-backed securities, which are not due at a single maturity date, have been allocated over maturity groupings based on the expected maturity of the underlying collateral. Mortgage-backed securities may mature earlier than their stated contractual maturities because of accelerated principal repayments of the underlying loans.