Related Party Transactions (Tables)

3 Months Ended

Feb. 28, 2022

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,
	2022		2021
Charges to Jefferies for services provided	$	7.2	$	15.6
Charges from Jefferies for services received	5.1		9.9

•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,
	2022		2021
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, 2022		November 30, 2021
Receivable from Jefferies	$	111.1	$	0.3
Payable to Jefferies	1.4		10.9

	Three Months Ended  February 28,
		2021
Securities purchased from Jefferies		$	9.1
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
Net gains on foreign exchange contracts	$	0.1

Payments received from this affiliate for rent and other expenses are as follows (in millions):

	Three Months Ended  February 28,
	2022		2021
Payments received	$	0.2	$	0.2