Segment Analysis (Tables)

9 Months Ended

Jun. 30, 2023

Segment Reporting [Abstract]

Schedule of Segment Reporting Information

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)	2023		2022		2023		2022
Total revenues:
Commercial	$	14,444.5	$	18,368.7	$	42,188.7	$	47,984.8
Institutional	381.1		209.1		1,087.1		573.2
Retail	170.7		312.1		791.5		978.0
Global Payments	53.2		44.3		158.4		127.7
Corporate Unallocated	8.6		2.9		23.9		6.9
Eliminations	(10.2)		(6.2)		(29.1)		(15.6)
Total	$	15,047.9	$	18,930.9	$	44,220.5	$	49,655.0
Operating revenues:
Commercial	$	252.7	$	170.2	$	655.2	$	506.9
Institutional	381.1		209.1		1,087.1		573.2
Retail	91.5		108.5		240.6		324.9
Global Payments	53.2		44.3		158.4		127.7
Corporate Unallocated	8.6		2.9		23.9		6.9
Eliminations	(10.2)		(6.2)		(29.1)		(15.6)
Total	$	776.9	$	528.8	$	2,136.1	$	1,524.0
Net operating revenues (loss):
Commercial	$	213.6	$	141.9	$	551.4	$	427.4
Institutional	120.3		126.4		401.4		352.1
Retail	65.1		77.9		159.8		229.5
Global Payments	51.0		41.4		151.7		120.6
Corporate Unallocated	(14.1)		(13.5)		(47.0)		(41.4)
Total	$	435.9	$	374.1	$	1,217.3	$	1,088.2
Net contribution:
(Revenues less cost of sales of physical commodities, transaction-based clearing expenses, variable compensation, introducing broker commissions and interest expense)
Commercial	$	156.9	$	101.9	$	413.5	$	302.2
Institutional	81.7		74.7		265.6		214.4
Retail	60.3		71.7		147.9		212.4
Global Payments	41.9		33.6		122.1		97.6
Total	$	340.8	$	281.9	$	949.1	$	826.6
Segment income:
(Net contribution less non-variable direct segment costs)
Commercial	$	117.0	$	72.5	$	302.7	$	208.1
Institutional	45.1		47.7		162.9		129.6
Retail	17.2		26.3		17.8		95.2
Global Payments	28.6		24.6		76.8		73.0
Total	$	207.9	$	171.1	$	560.2	$	505.9
Reconciliation of segment income to income before tax:
Segment income	$	207.9	$	171.1	$	560.2	$	505.9
Net costs not allocated to operating segments	(113.4)		(100.2)		(336.1)		(295.1)
Gain on acquisition	—		—		23.5		—
Income before tax	$	94.5	$	70.9	$	247.6	$	210.8
(in millions)	As of June 30, 2023		As of September 30, 2022
Total assets:
Commercial	$	5,036.6	$	5,931.0
Institutional	14,594.1		11,687.1
Retail	1,022.2		971.2
Global Payments	555.1		524.0
Corporate Unallocated	725.1		746.3
Total	$	21,933.1	$	19,859.6