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Consolidated Income Statements - USD ($)
$ in Millions
12 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2018
Revenues:      
Sales of physical commodities $ 52,899.2 $ 31,830.3 $ 26,682.4
Principal gains, net 622.2 415.8 354.1
Revenue from contract with customer 487.3 452.0 462.9
Interest income 130.9 198.9 123.3
Total revenues 54,139.6 32,897.0 27,622.7
Cost of sales of physical commodities 52,831.3 31,790.9 26,646.9
Operating revenues 1,308.3 1,106.1 975.8
Transaction-based clearing expenses 222.5 183.5 179.7
Introducing broker commissions 113.8 114.7 133.8
Interest expense 80.4 142.0 70.5
Interest expense on corporate funding 23.6 12.7 10.2
Net operating revenues 868.0 653.2 581.6
Compensation and other expenses:      
Compensation and benefits 518.7 393.1 337.7
Trading systems and market information 46.3 38.8 34.7
Professional fees 30.2 21.0 18.1
Non-trading technology and support 28.4 20.1 13.9
Occupancy and equipment rental 23.5 19.4 16.5
Selling and marketing 12.2 5.2 6.2
Travel and business development 8.9 16.2 13.8
Communications 7.0 6.6 5.4
Depreciation and amortization 19.7 14.0 11.6
Bad debts, net of recoveries and impairment 18.7 2.5 3.1
(Recovery) bad debt on physical coal 0.0 (12.4) 1.0
Other 29.6 23.2 20.1
Total compensation and other expenses 743.2 547.7 482.1
Gain on acquisitions and other gains 81.9 5.5 2.0
Income before tax 206.7 111.0 101.5
Income tax expense 37.1 25.9 46.0
Net income (loss) $ 169.6 $ 85.1 $ 55.5
Earnings per share:      
Basic (in dollar per share) $ 8.78 $ 4.46 $ 2.93
Diluted (in dollar per share) $ 8.61 $ 4.39 $ 2.87
Weighted-average number of common shares outstanding:      
Basic (in shares) 18,824,328 18,738,905 18,549,011
Diluted (in shares) 19,180,479 19,014,395 18,934,830
Commission and Clearing Fees [Member]      
Revenues:      
Revenue from contract with customer $ 403.6 $ 372.4 $ 391.8
Consulting, Management, and Account Fees [Member]      
Revenues:      
Revenue from contract with customer $ 83.7 $ 79.6 $ 71.1