Revenue from Contracts with Clients (Tables)

6 Months Ended

Mar. 31, 2022

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

The following table represents a disaggregation of the Company’s total revenues separated between revenues from contracts with clients and other sources of revenue for the periods indicated.

	Three Months Ended March 31,				Six Months Ended March 31,
(in millions)	2022		2021		2022		2021
Revenues from contracts with clients:
Commission and clearing fees:
Sales-based:
Exchange-traded futures and options	$	57.7	$	49.4	$	102.3	$	95.7
OTC derivative brokerage	4.9		4.6		9.3		8.4
Equities and fixed income	17.1		19.4		31.7		33.8
Mutual funds	1.2		1.5		2.4		2.7
Insurance and annuity products	2.4		2.3		5.2		4.6
Other	0.9		0.1		1.7		0.3
Total sales-based commission	84.2		77.3		152.6		145.5
Trailing:
Mutual funds	3.6		3.6		7.5		6.9
Insurance and annuity products	4.2		4.2		8.6		8.1
Total trailing commission	7.8		7.8		16.1		15.0
Clearing fees	40.6		39.4		77.0		77.9
Trade conversion fees	4.0		3.6		6.0		5.7
Other	1.8		1.7		3.0		5.1
Total commission and clearing fees	138.4		129.8		254.7		249.2
Consulting, management, and account fees:
Underwriting fees	0.1		0.2		0.3		0.4
Asset management fees	11.4		9.3		22.0		18.0
Advisory and consulting fees	7.5		6.6		15.0		12.6
Sweep program fees	0.5		0.8		1.0		1.6
Client account fees	4.3		3.8		8.0		7.9
Other	1.6		1.4		3.2		4.6
Total consulting, management, and account fees	25.4		22.1		49.5		45.1
Sales of physical commodities:
Precious metals sales	807.0		411.2		1,587.3		524.3
Total revenues from contracts with clients	$	970.8	$	563.1	$	1,891.5	$	818.6
Method of revenue recognition:
Point-in-time	$	943.6	$	538.6	$	1,837.4	$	771.4
Time elapsed	27.2		24.5		54.1		47.2
Total revenues from contracts with clients	970.8		563.1		1,891.5		818.6
Other sources of revenues
Physical precious metals trading	14,211.3		9,884.5		26,526.6		18,180.3
Physical agricultural and energy product trading	845.9		508.6		1,669.2		983.2
Principal gains, net	323.5		265.2		574.6		468.6
Interest income	31.2		23.4		62.2		44.6
Total revenues	$	16,382.7	$	11,244.8	$	30,724.1	$	20,495.3
Total revenues by primary geographic region:
United States	$	1,204.6	$	853.6	$	2,329.3	$	1,612.5
Europe	933.6		490.1		1,818.2		662.5
South America	23.6		14.5		41.3		29.1
Middle East and Asia	14,218.5		9,885.1		26,530.7		18,187.1
Other	2.4		1.5		4.6		4.1
Total revenues	$	16,382.7	$	11,244.8	$	30,724.1	$	20,495.3
Operating revenues by primary geographic region:
United States	$	364.5	$	349.7	$	668.6	$	635.9
Europe	131.3		87.1		239.0		147.6
South America	23.6		14.5		41.3		29.1
Middle East and Asia	23.0		18.6		41.8		34.8
Other	2.3		1.5		4.5		4.1
Total operating revenues	$	544.7	$	471.4	$	995.2	$	851.5