Segment Analysis (Tables)

9 Months Ended

Jun. 30, 2020

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)	2020			2019			2020			2019
Total revenues:
Commercial Hedging	$	65.1		$	86.4		$	236.5		$	226.8
Global Payments	27.4			28.9			88.2			86.0
Securities	123.0			74.2			322.0			215.8
Physical Commodities	7,960.0			7,604.3			38,971.8			20,847.0
Clearing and Execution Services	68.9			78.9			241.3			247.7
Corporate Unallocated	2.3			6.5			11.5			13.5
Eliminations	(3.3		)	(6.2		)	(16.6		)	(19.4		)
Total	$	8,243.4		$	7,873.0		$	39,854.7		$	21,617.4
Operating revenues:
Commercial Hedging	$	65.1		$	86.4		$	236.5		$	226.8
Global Payments	27.4			28.9			88.2			86.0
Securities	123.0			74.2			322.0			215.8
Physical Commodities	39.2			14.7			83.3			48.8
Clearing and Execution Services	68.9			78.9			241.3			247.7
Corporate Unallocated	2.3			6.5			11.5			13.5
Eliminations	(3.3		)	(6.2		)	(16.6		)	(19.4		)
Total	$	322.6		$	283.4		$	966.2		$	819.2
Net operating revenues (loss):
Commercial Hedging	$	50.8		$	66.9		$	189.4		$	178.0
Global Payments	26.0			27.5			83.8			81.7
Securities	97.1			30.3			218.3			94.4
Physical Commodities	35.7			9.7			71.1			35.2
Clearing and Execution Services	22.8			32.5			89.9			101.0
Corporate Unallocated	(4.5		)	(1.3		)	(10.7		)	(10.5		)
Total	$	227.9		$	165.6		$	641.8		$	479.8
Net contribution:
(Revenues less cost of sales of physical commodities, transaction-based clearing expenses, variable compensation, introducing broker commissions and interest expense)
Commercial Hedging	$	36.0		$	48.0		$	133.9		$	127.9
Global Payments	20.9			22.3			67.3			66.4
Securities	64.3			17.9			142.2			59.8
Physical Commodities	24.2			6.4			49.3			25.0
Clearing and Execution Services	18.2			25.0			71.6			78.1
Total	$	163.6		$	119.6		$	464.3		$	357.2
Segment income:
(Net contribution less non-variable direct segment costs)
Commercial Hedging	$	19.2		$	29.7		$	76.5		$	73.2
Global Payments	15.9			17.0			52.0			51.4
Securities	51.6			8.2			106.7			36.0
Physical Commodities	20.3			2.8			37.5			16.5
Clearing and Execution Services	3.7			11.9			31.1			41.2
Total	$	110.7		$	69.6		$	303.8		$	218.3
Reconciliation of segment income to income before tax:
Segment income	$	110.7		$	69.6		$	303.8		$	218.3
Net costs not allocated to operating segments	61.7			48.0			177.1			146.8
Other gain	—			—			0.1			5.4
Income before tax	$	49.0		$	21.6		$	126.8		$	76.9
(in millions)	As of June 30, 2020			As of September 30, 2019
Total assets:
Commercial Hedging	$	2,112.6		$	2,041.0
Global Payments	234.8			278.3
Securities	6,284.3			5,219.1
Physical Commodities	425.3			357.8
Clearing and Execution Services	2,546.1			1,892.1
Corporate Unallocated	786.4			147.8
Total	$	12,389.5		$	9,936.1