GOODWILL AND INTANGIBLE ASSETS, NET (Tables)

3 Months Ended

Mar. 31, 2020

GOODWILL AND INTANGIBLE ASSETS, NET

Schedule of goodwill details by segment

The following table presents the details of goodwill by segment (in millions):

			U.S.		European
	Options		Equities		Equities		Global FX		Total
Balance as of December 31, 2019	$	239.4	$	1,740.4	$	435.1	$	267.2	$	2,682.1
Additions		60.4		—		—		—		60.4
Changes in foreign currency exchange rates		—		—		(17.1)		—		(17.1)
Balance as of March 31, 2020	$	299.8	$	1,740.4	$	418.0	$	267.2	$	2,725.4

Schedule of details of intangible assets

The following table presents the details of the intangible assets (in millions):

			U.S.		European
	Options		Equities		Equities		Global FX		Total
Balance as of December 31, 2019	$	166.6	$	921.4	$	363.7	$	138.2	$	1,589.9
Additions		20.3		—		—		—		20.3
Amortization		(3.9)		(16.0)		(5.9)		(6.7)		(32.5)
Changes in foreign currency exchange rates		—		—		(22.2)		—		(22.2)
Balance as of March 31, 2020	$	183.0	$	905.4	$	335.6	$	131.5	$	1,555.5

Schedule of categories of intangible assets

The following tables present the categories of intangible assets as of March 31, 2020 and December 31, 2019 (in millions):

									Weighted
	March 31, 2020								Average
			U.S.		European				Amortization
	Options		Equities		Equities		Global FX		Period (in years)
Trading registrations and licenses	$	95.5	$	572.7	$	171.0	$	—	Indefinite
Customer relationships		45.9		222.9		159.3		140.0	17
Market data customer relationships		53.6		322.0		59.7		64.4	12
Technology		27.8		22.5		22.4		22.5	4
Trademarks and tradenames		11.9		6.0		1.8		1.2	10
Accumulated amortization		(51.7)		(240.7)		(78.6)		(96.6)
	$	183.0	$	905.4	$	335.6	$	131.5

									Weighted
	December 31, 2019								Average
			U.S.		European				Amortization
	Options		Equities		Equities		Global FX		Period (in years)
Trading registrations and licenses	$	95.5	$	572.7	$	182.2	$	—	Indefinite
Customer relationships		38.8		222.9		169.7		140.0	17
Market data customer relationships		53.6		322.0		63.6		64.4	12
Technology		24.8		22.5		23.9		22.5	4
Trademarks and tradenames		1.7		6.0		1.9		1.2	6
Accumulated amortization		(47.8)		(224.7)		(77.6)		(89.9)
	$	166.6	$	921.4	$	363.7	$	138.2