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Segment, Geographic and Product Information
3 Months Ended
Mar. 31, 2019
Segment Reporting [Abstract]  
Segment, Geographic and Product Information

22.

Segment, Geographic and Product Information

Segment Information

The Company currently operates its business in one reportable segment, that of providing brokerage services to the financial markets, integrated voice and electronic brokerage in a broad range of products, including fixed income (rates and credit), foreign exchange, equities, insurance, energy and commodities, and futures. It also provides a wide range of services, including trade execution, broker-dealer services, clearing, trade compression, post trade, information, and other back-office services to a broad range of financial and non-financial institutions.

Geographic Information

The Company offers products and services in the U.S., U.K., Asia (including Australia), Other Europe, the Middle East and Africa region (defined as the “MEA” region), France, and Other Americas. Information regarding revenues for the three months ended March 31, 2019 and 2018, respectively, is as follows (in thousands):

 

 

 

Three Months Ended March 31,

 

 

 

2019

 

 

2018

 

Revenues:

 

 

 

 

 

 

 

 

United States

 

$

146,420

 

 

$

147,660

 

United Kingdom

 

 

231,780

 

 

 

223,114

 

Asia

 

 

81,567

 

 

 

68,611

 

Other Europe/MEA

 

 

49,843

 

 

 

50,020

 

France

 

 

21,489

 

 

 

21,430

 

Other Americas

 

 

13,652

 

 

 

13,939

 

Total revenues

 

$

544,751

 

 

$

524,774

 

 

Information regarding long-lived assets (defined as loans, forgivable loans and other receivables from employees and partners, net; fixed assets, net; certain other investments; goodwill; other intangible assets, net of accumulated amortization; and rent and other deposits) in the geographic areas as of March 31, 2019 and December 31, 2018, respectively, is as follows (in thousands):

 

 

 

March 31,

 

 

December 31,

 

 

 

2019

 

 

2018

 

Long-lived assets:

 

 

 

 

 

 

 

 

United States

 

$

723,554

 

 

$

719,914

 

United Kingdom

 

 

444,777

 

 

 

367,681

 

Asia

 

 

83,715

 

 

 

57,626

 

Other Europe/MEA

 

 

26,753

 

 

 

23,917

 

France

 

 

15,855

 

 

 

12,294

 

Other Americas

 

 

18,551

 

 

 

18,637

 

Total long-lived assets

 

$

1,313,205

 

 

$

1,200,069

 

 

Product Information

The Company’s business is based on the products and services provided and reflect the manner in which financial information is evaluated by management.

The Company specializes in the brokerage of a broad range of products, including fixed income (rates and credit), foreign exchange, equities, insurance, energy and commodities, and futures. It also provides a wide range of services, including trade execution, broker-dealer services, clearing, trade compression, post trade, information, and other back-office services to a broad range of financial and non-financial institutions.

 

 

 

Three Months Ended March 31,

 

 

 

2019

 

 

2018

 

Revenues:

 

 

 

 

 

 

 

 

Rates

 

$

163,789

 

 

$

160,772

 

Credit

 

 

85,727

 

 

 

82,050

 

Foreign exchange

 

 

93,380

 

 

 

99,050

 

Energy and commodities

 

 

69,865

 

 

 

60,149

 

Equities, insurance, and other asset classes

 

 

100,989

 

 

 

97,754

 

Total brokerage revenues

 

$

513,750

 

 

$

499,775

 

All other revenue

 

 

31,001

 

 

 

24,999

 

Total revenues

 

$

544,751

 

 

$

524,774