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Assets and Liabilities, at Fair Value (Tables)
 12 Months Ended
Sep. 30, 2017
Assets and Liabilities, at Fair Value [Abstract]  
Fair Value, Assets 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 September 30, 2017 and September 30, 2016 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 September 30, 2017 and 2016.
 
September 30, 2017
(in millions)
Level 1
 
Level 2
 
Level 3
 
Netting (1)
 
Total
Assets:
 
 
 
 
 
 
 
 
 
Certificate of deposits
3.8

 
—

 
—

 
—

 
3.8

Unrestricted cash equivalents - certificates of deposits
$
3.8

 
$
—

 
$
—

 
$
—

 
$
3.8

Commodities warehouse receipts
21.0

 
—

 
—

 
—

 
21.0

U.S. Treasury obligations
33.5

 
—

 
—

 
—

 
33.5

Securities and other assets segregated under federal and other regulations
54.5

 
—

 
—

 
—

 
54.5

U.S. Treasury obligations
244.7

 
—

 
—

 
—

 
244.7

“To be announced” (TBA) and forward settling securities
—

 
8.8

 
—

 
—

 
8.8

Foreign government obligations
—

 
6.4

 
—

 
—

 
6.4

Derivatives
2,608.6

 
289.1

 
—

 
(2,952.9
)
 
(55.2
)
Deposits with and receivables from broker-dealers, clearing organizations and counterparties
2,853.3

 
304.3

 
—

 
(2,952.9
)
 
204.7

Common and preferred stock, ADRs, and GDRs
31.2

 
3.4

 
0.1

 
—

 
34.7

Exchangeable foreign ordinary equities, ADRs, and GDRs
9.2

 
1.2

 
—

 
—

 
10.4

Corporate and municipal bonds
28.2

 
0.9

 
—

 
—

 
29.1

U.S. Treasury obligations
60.0

 
—

 
—

 
—

 
60.0

U.S. government agency obligations
—

 
368.9

 
—

 
—

 
368.9

Foreign government obligations
—

 
10.2

 
—

 
—

 
10.2

Agency mortgage-backed obligations
—

 
920.9

 
—

 
—

 
920.9

 Asset-backed obligations
—

 
47.3

 
—

 
—

 
47.3

Derivatives
1.3

 
1,413.4

 
—

 
(1,252.6
)
 
162.1

Commodities leases
—

 
174.1

 
—

 
(138.7
)
 
35.4

Commodities warehouse receipts
38.5

 
—

 
—

 
—

 
38.5

Exchange firm common stock
8.3

 
—

 
—

 
—

 
8.3

Mutual funds and other
6.0

 
—

 
—

 
—

 
6.0

Financial instruments owned
182.7

 
2,940.3

 
0.1

 
(1,391.3
)
 
1,731.8

Physical commodities inventory
73.2

 
—

 
—

 
—

 
73.2

Total assets at fair value
$
3,167.5

 
$
3,244.6

 
$
0.1

 
$
(4,344.2
)
 
$
2,068.0

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

 
$
—

 
$
1.0

 
$
—

 
$
1.0

TBA and forward settling securities
—

 
4.9

 
—

 
(0.1
)
 
4.8

Derivatives
2,476.2

 
292.8

 
—

 
(2,769.0
)
 
—

Payables to broker-dealers, clearing organizations and counterparties
2,476.2

 
297.7

 
—

 
(2,769.1
)
 
4.8

Common and preferred stock, ADRs, and GDRs
33.7

 
0.7

 
—

 
—

 
34.4

Exchangeable foreign ordinary equities, ADRs, and GDRs
10.3

 
0.2

 
—

 
—

 
10.5

Corporate and municipal bonds
0.3

 
—

 
—

 
—

 
0.3

U.S. Treasury obligations
285.9

 
—

 
—

 
—

 
285.9

U.S government agency obligations
—

 
27.9

 
—

 
—

 
27.9

Agency mortgage-backed obligations
—

 
0.1

 
—

 
—

 
0.1

Derivatives
—

 
1,427.2

 
—

 
(1,110.2
)
 
317.0

Commodities leases
—

 
191.1

 
—

 
(149.6
)
 
41.5

Financial instruments sold, not yet purchased
330.2

 
1,647.2

 
—

 
(1,259.8
)
 
717.6

Total liabilities at fair value
$
2,806.4

 
$
1,944.9

 
$
1.0

 
$
(4,028.9
)
 
$
723.4

 
(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 are included in that level.
 
September 30, 2016
(in millions)
Level 1
 
Level 2
 
Level 3
 
Netting(1)
 
Total
Assets:
 
 
 
 
 
 
 
 
 
Unrestricted cash equivalents - certificates of deposits
$
7.1

 
$
—

 
$
—

 
$
—

 
$
7.1

Commodities warehouse receipts
23.3

 
—

 
—

 
—

 
23.3

U.S. government obligations
—

 
595.5

 
—

 
—

 
595.5

Securities and other assets segregated under federal and other regulations
23.3

 
595.5

 
—

 
—

 
618.8

Money market funds
512.7

 
—

 
—

 
—

 
512.7

U.S. government obligations
—

 
472.1

 
—

 
—

 
472.1

TBA and forward settling securities
—

 
0.3

 
—

 
—

 
0.3

Derivatives
2,149.9

 
8.0

 
—

 
(2,289.7
)
 
(131.8
)
Deposits and receivables from broker-dealers, clearing organizations and counterparties
2,662.6

 
480.4

 
—

 
(2,289.7
)
 
853.3

Common and preferred stock, ADRs, and GDRs
34.6

 
1.7

 
0.2

 
—

 
36.5

Exchangeable foreign ordinary equities, ADRs, and GDRs
25.2

 
0.5

 
—

 
—

 
25.7

Corporate and municipal bonds
36.9

 
0.9

 
3.0

 
—

 
40.8

U.S. government obligations
—

 
514.9

 
—

 
—

 
514.9

Foreign government obligations
—

 
14.6

 
—

 
—

 
14.6

Mortgage-backed securities
—

 
747.5

 
—

 
—

 
747.5

Derivatives
206.9

 
1,350.8

 
—

 
(1,363.8
)
 
193.9

Commodities leases
—

 
137.2

 
—

 
(129.1
)
 
8.1

Commodities warehouse receipts
8.9

 
—

 
—

 
—

 
8.9

Exchange firm common stock
6.4

 
—

 
—

 
—

 
6.4

Mutual funds and other
8.8

 
—

 
—

 
—

 
8.8

Financial instruments owned
327.7

 
2,768.1

 
3.2

 
(1,492.9
)
 
1,606.1

Physical commodities inventory
71.2

 
—

 
—

 
—

 
71.2

Total assets at fair value
$
3,091.9

 
$
3,844.0

 
$
3.2

 
$
(3,782.6
)
 
$
3,156.5

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

 
$
—

 
$
0.8

 
$
—

 
$
0.8

TBA and forward settling securities
—

 
2.6

 
—

 
0.9

 
3.5

Derivatives
1,961.7

 
97.5

 
—

 
(2,059.2
)
 
—

Payable to broker-dealers, clearing organizations and counterparties - derivatives
1,961.7

 
100.1

 
—

 
(2,058.3
)
 
3.5

Common and preferred stock, ADRs, and GDRs
23.5

 
0.4

 
—

 
—

 
23.9

Exchangeable foreign ordinary equities, ADRs, and GDRs
25.3

 
0.5

 
—

 
—

 
25.8

Corporate and municipal bonds
6.9

 
—

 
—

 
—

 
6.9

U.S. government obligations
—

 
509.8

 
—

 
—

 
509.8

Foreign government obligations
—

 
—

 
—

 
—

 
—

Mortgage-backed securities
—

 
—

 
—

 
—

 
—

Derivatives
199.4

 
1,319.3

 
—

 
(1,307.8
)
 
210.9

Commodities leases
—

 
207.8

 
—

 
(145.7
)
 
62.1

Financial instruments sold, not yet purchased
255.1

 
2,037.8

 
—

 
(1,453.5
)
 
839.4

Total liabilities at fair value
$
2,216.8

 
$
2,137.9

 
$
0.8

 
$
(3,511.8
)
 
$
843.7

(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 are included in that level.
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]
The Company’s financial assets at fair value classified within level 3 of the fair value hierarchy as of September 30, 2017 and 2016 are summarized below:
(in millions)
September 30, 2017
 
September 30, 2016
Total level 3 assets
$
0.1

 
$
3.2

Level 3 assets for which the Company bears economic exposure
$
0.1

 
$
3.2

Total assets
$
6,243.4

 
$
5,950.3

Total financial assets at fair value
$
2,068.0

 
$
3,156.5

Total level 3 assets as a percentage of total assets
—
%
 
0.1
%
Level 3 assets for which the Company bears economic exposure as a percentage of total assets
—
%
 
0.1
%
Total level 3 assets as a percentage of total financial assets at fair value
—
%
 
0.1
%
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 fiscal years ended September 30, 2017 and 2016, including a summary of unrealized gains (losses) during the fiscal year ended on the Company’s Level 3 financial assets and liabilities still held as of September 30, 2017.
 
Level 3 Financial Assets and Financial Liabilities
For the Year Ended September 30, 2017
(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 and preferred stock and ADRs
$
0.2

 
$
—

 
$
(0.1
)
 
$
—

 
$
—

 
$
—

 
$
0.1

Corporate and municipal bonds
3.0

 
—

 
—

 
—

 
(3.0
)
 
—

 
—

 
$
3.2

 
$
—

 
$
(0.1
)
 
$
—

 
$
(3.0
)
 
$
—

 
$
0.1

 
 
 
 
 
 
 
 
 
 
 
 
 
 
(in millions)
Balances at
beginning of
period
 
Realized gains
(losses) during
period
 
Remeasurement
gains (losses)
during period
 
Acquisitions
 
Settlements
 
Transfers in
or (out) of
Level 3
 
Balances at
end of period
Liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
 
Contingent liabilities
$
0.8

 
$
—

 
$
0.2

 
$
—

 
$
—

 
$
—

 
$
1.0


 
Level 3 Financial Assets and Financial Liabilities
For the Year Ended September 30, 2016
(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 and preferred stock and ADRs
$
0.5

 
$
—

 
$
(0.3
)
 
$
—

 
$
—

 
$
—

 
$
0.2

Corporate and municipal bonds
3.2

 
—

 
(0.2
)
 
—

 
—

 
—

 
3.0

 
$
3.7

 
$
—

 
$
(0.5
)
 
$
—

 
$
—

 
$
—

 
$
3.2

 
 
 
 
 
 
 
 
 
 
 
 
 
 
(in millions)
Balances at
beginning of
period
 
Realized gains
(losses) during
period
 
Remeasurement
gains (losses)
during period
 
Acquisitions
 
Settlements
 
Transfers in
or (out) of
Level 3
 
Balances at
end of period
Liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
 
Contingent liabilities
$
3.3

 
$
—

 
$
0.4

 
$
—

 
$
(2.9
)
 
$
—

 
$
0.8