Related Party Transactions (Tables)

3 Months Ended

Feb. 28, 2021

Related Party Transactions [Abstract]

Schedule of Related Party Transactions

The following is a description of our related party transactions with Jefferies and its affiliates:

•We provide services to and receive services from Jefferies under service agreements (in millions):

	Three Months Ended
	February 28, 2021		February 29, 2020
Charges to Jefferies for services provided	$	15.6	$	10.4
Charges from Jefferies for services received	9.9		8.0

•We also provide investment banking and capital markets and asset management services to Jefferies and its affiliates. The following table presents the revenues earned by type of services provided (in millions):

	Three Months Ended
	February 28, 2021		February 29, 2020
Investment banking	$	13.6	$	—
Commissions and other fees	0.3		0.3

•Receivables from and payables to Jefferies, included in Other assets and Accrued expenses and other liabilities, respectively, in our Consolidated Statements of Financial Condition (in millions):

	February 28, 2021		November 30, 2020
Receivable from Jefferies	$	4.0	$	1.3
Payable to Jefferies	3.2		7.1

	Three Months Ended
	February 28, 2021		February 29, 2020
Securities purchased from Jefferies	$	9.1	$	26.1
Securities sold to Jefferies	0.5		—

Net gains (losses) relating to these contracts, which are included in Principal transactions revenues in our Consolidated Statements of Earnings, are as follows (in millions):

	Three Months Ended
	February 28, 2021		February 29, 2020
Net gains (losses) on foreign exchange contracts	$	0.1	$	(0.6)