Segment Analysis (Tables)

9 Months Ended

Jun. 30, 2019

Segment Analysis [Abstract]

Schedule of Segment Reporting Information, by Segment [Table Text Block]

Information for the reportable segments is shown in accordance with the Segment Reporting Topic of the ASC as follows

	Three Months Ended June 30,						Nine Months Ended June 30,
(in millions)	2019			2018			2019			2018
Total revenues:
Commercial Hedging	$	86.4		$	77.9		$	226.8		$	217.7
Global Payments	28.9			26.0			86.0			74.0
Securities	74.2			49.9			215.8			148.4
Physical Commodities	7,604.3			6,873.4			20,847.0			20,852.3
Clearing and Execution Services	78.9			88.9			247.7			249.1
Corporate Unallocated	6.5			7.4			13.5			16.5
Eliminations	(6.2		)	(5.2		)	(19.4		)	(14.1		)
Total	$	7,873.0		$	7,118.3		$	21,617.4		$	21,543.9
Operating revenues:
Commercial Hedging	$	86.4		$	77.9		$	226.8		$	217.7
Global Payments	28.9			26.0			86.0			74.0
Securities	74.2			49.9			215.8			148.4
Physical Commodities	14.7			14.9			48.8			41.0
Clearing and Execution Services	78.9			88.9			247.7			249.1
Corporate Unallocated	6.5			7.4			13.5			16.5
Eliminations	(6.2		)	(5.2		)	(19.4		)	(14.1		)
Total	$	283.4		$	259.8		$	819.2		$	732.6
Net operating revenues (loss):
Commercial Hedging	$	66.9		$	61.0		$	178.0		$	172.0
Global Payments	27.5			24.7			81.7			69.6
Securities	30.3			23.6			94.4			74.7
Physical Commodities	9.7			11.4			35.2			32.3
Clearing and Execution Services	32.5			32.7			101.0			91.9
Corporate Unallocated	(1.3		)	1.2			(10.5		)	(1.3		)
Total	$	165.6		$	154.6		$	479.8		$	439.2
Net contribution:
(Revenues less cost of sales of physical commodities, transaction-based clearing expenses, variable compensation, introducing broker commissions and interest expense)
Commercial Hedging	$	48.0		$	44.3		$	127.9		$	125.5
Global Payments	22.3			19.9			66.4			55.9
Securities	17.9			17.5			59.8			55.6
Physical Commodities	6.4			8.1			25.0			23.1
Clearing and Execution Services	25.0			24.4			78.1			68.8
Total	$	119.6		$	114.2		$	357.2		$	328.9
Segment income:
(Net contribution less non-variable direct segment costs)
Commercial Hedging	$	29.7		$	25.3		$	73.2		$	74.0
Global Payments	17.0			16.0			51.4			44.1
Securities	8.2			10.3			36.0			34.1
Physical Commodities	2.8			5.1			16.5			11.8
Clearing and Execution Services	11.9			13.7			41.2			36.9
Total	$	69.6		$	70.4		$	218.3		$	200.9
Reconciliation of segment income to income before tax:
Segment income	$	69.6		$	70.4		$	218.3		$	200.9
Net costs not allocated to operating segments	48.0			39.5			146.8			121.9
Other gain	—			2.0			5.4			2.0
Income before tax	$	21.6		$	32.9		$	76.9		$	81.0
(in millions)	As of June 30, 2019			As of September 30, 2018
Total assets:
Commercial Hedging	$	2,084.4		$	1,935.7
Global Payments	262.7			206.6
Securities	5,178.1			3,058.2
Physical Commodities	488.0			413.7
Clearing and Execution Services	1,914.0			2,109.9
Corporate Unallocated	127.7			100.6
Total	$	10,054.9		$	7,824.7