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SEGMENT REPORTING - Summarized Financial Information By Reportable Segment (Details)
$ in Millions
12 Months Ended
Dec. 31, 2025
USD ($)
segment
Dec. 31, 2024
USD ($)
segment
Dec. 31, 2023
USD ($)
Segment Reporting Information      
Number of reportable segments | segment 5 6  
Revenues $ 4,714.2 $ 4,094.5 $ 3,773.5
Cost of revenues 2,285.1 2,022.1 1,855.5
Revenues less cost of revenues 2,429.1 2,072.4 1,918.0
Depreciation and amortization 122.4 133.0 158.0
Other segment operating expenses 839.6 841.0 702.1
Operating income 1,467.1 1,098.4 1,057.9
Non-operating (expenses) income:      
Interest expense (52.3) (51.5) (62.4)
Interest income 49.4 27.3 12.0
Earnings on investments, net 92.8 29.0 39.5
Other income (expense), net 9.6 (19.4) 0.6
Income (loss) before income tax provision (benefit) 1,566.6 1,083.8 1,047.6
Income tax provision (benefit) 466.6 318.9 286.2
Net income 1,100.0 764.9 761.4
Operating Segments | Options      
Segment Reporting Information      
Revenues 2,433.6 2,002.6 1,939.5
Cost of revenues 902.5 743.3 770.3
Revenues less cost of revenues 1,531.1 1,259.3 1,169.2
Depreciation and amortization 29.3 27.0 30.1
Other segment operating expenses 388.5 353.9 287.8
Operating income 1,113.3 878.4 851.3
Non-operating (expenses) income:      
Interest expense 0.0 0.1 0.2
Interest income 1.1 0.5 (0.1)
Earnings on investments, net 0.0 0.0 0.0
Other income (expense), net (1.4) 0.8 (0.1)
Income (loss) before income tax provision (benefit) 1,113.0 879.8 851.3
Income tax provision (benefit) 373.7 299.1 275.7
Net income 739.3 580.7 575.6
Operating Segments | North American Equities      
Segment Reporting Information      
Revenues 1,672.3 1,546.8 1,353.0
Cost of revenues 1,265.1 1,163.0 987.7
Revenues less cost of revenues 407.2 383.8 365.3
Depreciation and amortization 47.0 58.2 69.4
Other segment operating expenses 172.1 157.0 177.9
Operating income 188.1 168.6 118.0
Non-operating (expenses) income:      
Interest expense 0.0 0.0 0.0
Interest income 3.3 2.4 1.4
Earnings on investments, net 0.9 0.0 0.0
Other income (expense), net (1.2) 0.7 0.0
Income (loss) before income tax provision (benefit) 191.1 171.7 119.4
Income tax provision (benefit) 27.2 23.1 14.8
Net income 163.9 148.6 104.6
Operating Segments | Europe and Asia Pacific      
Segment Reporting Information      
Revenues 378.6 324.2 281.2
Cost of revenues 105.1 104.0 91.0
Revenues less cost of revenues 273.5 220.2 190.2
Depreciation and amortization 32.4 29.3 30.7
Other segment operating expenses 187.2 149.2 126.8
Operating income 53.9 41.7 32.7
Non-operating (expenses) income:      
Interest expense (8.6) (7.8) (7.8)
Interest income 4.3 4.1 3.0
Earnings on investments, net 0.0 0.0 0.0
Other income (expense), net 1.7 (0.1) (0.6)
Income (loss) before income tax provision (benefit) 51.3 37.9 27.3
Income tax provision (benefit) 18.7 13.3 6.8
Net income 32.6 24.6 20.5
Operating Segments | Futures      
Segment Reporting Information      
Revenues 135.9 141.1 129.0
Cost of revenues 9.7 7.6 3.9
Revenues less cost of revenues 126.2 133.5 125.1
Depreciation and amortization 2.3 2.3 2.0
Other segment operating expenses 50.0 32.3 37.0
Operating income 73.9 98.9 86.1
Non-operating (expenses) income:      
Interest expense 0.0 0.0 0.0
Interest income 2.4 0.0 0.0
Earnings on investments, net 0.0 0.0 0.0
Other income (expense), net 0.0 0.0 0.0
Income (loss) before income tax provision (benefit) 76.3 98.9 86.1
Income tax provision (benefit) 12.9 28.4 33.4
Net income 63.4 70.5 52.7
Operating Segments | Global FX      
Segment Reporting Information      
Revenues 93.8 79.9 74.9
Cost of revenues 2.7 2.3 1.4
Revenues less cost of revenues 91.1 77.6 73.5
Depreciation and amortization 11.2 13.5 18.4
Other segment operating expenses 33.9 30.9 30.4
Operating income 46.0 33.2 24.7
Non-operating (expenses) income:      
Interest expense 0.0 0.0 0.0
Interest income 0.1 0.1 0.0
Earnings on investments, net 0.0 0.0 0.0
Other income (expense), net 0.2 0.0 (0.2)
Income (loss) before income tax provision (benefit) 46.3 33.3 24.5
Income tax provision (benefit) (0.1) 0.1 0.5
Net income 46.4 33.2 24.0
Operating Segments | Digital      
Segment Reporting Information      
Revenues 0.0 (0.1) (4.1)
Cost of revenues 0.0 1.9 1.2
Revenues less cost of revenues 0.0 (2.0) (5.3)
Depreciation and amortization 0.0 2.8 7.4
Other segment operating expenses 0.0 107.6 34.0
Operating income 0.0 (112.4) (46.7)
Non-operating (expenses) income:      
Interest expense 0.0 0.0 0.0
Interest income 0.0 3.7 2.0
Earnings on investments, net 0.0 0.0 0.0
Other income (expense), net 0.0 1.5 0.0
Income (loss) before income tax provision (benefit) 0.0 (107.2) (44.7)
Income tax provision (benefit) 0.0 (28.6) (10.4)
Net income 0.0 (78.6) (34.3)
Corporate Items and Eliminations      
Segment Reporting Information      
Revenues 0.0 0.0 0.0
Cost of revenues 0.0 0.0 0.0
Revenues less cost of revenues 0.0 0.0 0.0
Depreciation and amortization 0.2 (0.1) 0.0
Other segment operating expenses 7.9 10.1 8.2
Operating income (8.1) (10.0) (8.2)
Non-operating (expenses) income:      
Interest expense (43.7) (43.8) (54.8)
Interest income 38.2 16.5 5.7
Earnings on investments, net 91.9 29.0 39.5
Other income (expense), net 10.3 (22.3) 1.5
Income (loss) before income tax provision (benefit) 88.6 (30.6) (16.3)
Income tax provision (benefit) 34.2 (16.5) (34.6)
Net income $ 54.4 $ (14.1) $ 18.3