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SEGMENT REPORTING - Summarized Financial Information by Reportable Segment (Details)
$ in Millions
3 Months Ended
Mar. 31, 2026
USD ($)
segment
Mar. 31, 2025
USD ($)
Segment Reporting Information    
Number of reportable segments | segment 5  
Revenues $ 1,272.8 $ 1,195.0
Cost of revenues 543.9 629.8
Revenues less cost of revenues 728.9 565.2
Depreciation and amortization 29.5 30.3
Other segment operating expenses 193.8 181.0
Operating income 505.6 353.9
Non-operating income (expenses):    
Interest expense (13.3) (12.8)
Interest income 17.7 8.4
Earnings (loss) on investments, net (0.7) (3.3)
Other income (expense), net 6.2 4.0
Income before income tax provision 515.5 350.2
Income tax provision (benefit) 129.8 99.6
Net income (loss) 385.7 250.6
Options    
Segment Reporting Information    
Revenues 668.4 584.6
North American Equities    
Segment Reporting Information    
Revenues 415.7 460.1
Europe and Asia Pacific    
Segment Reporting Information    
Revenues 119.4 93.1
Futures    
Segment Reporting Information    
Revenues 38.9 35.3
Global FX    
Segment Reporting Information    
Revenues 30.4 21.9
Operating Segments | Options    
Segment Reporting Information    
Revenues 668.4 584.6
Cost of revenues 200.8 232.2
Revenues less cost of revenues 467.6 352.4
Depreciation and amortization 8.2 6.9
Other segment operating expenses 99.8 87.6
Operating income 359.6 257.9
Non-operating income (expenses):    
Interest expense 0.0 0.0
Interest income 0.0 0.2
Earnings (loss) on investments, net 0.0 0.0
Other income (expense), net 0.2 0.0
Income before income tax provision 359.8 258.1
Income tax provision (benefit) 0.0 0.1
Net income (loss) 359.8 258.0
Operating Segments | North American Equities    
Segment Reporting Information    
Revenues 415.7 460.1
Cost of revenues 304.5 365.5
Revenues less cost of revenues 111.2 94.6
Depreciation and amortization 11.4 12.0
Other segment operating expenses 33.3 38.2
Operating income 66.5 44.4
Non-operating income (expenses):    
Interest expense 0.0 0.0
Interest income 0.8 0.7
Earnings (loss) on investments, net (0.3) 0.3
Other income (expense), net 0.1 (0.6)
Income before income tax provision 67.1 44.8
Income tax provision (benefit) 1.2 0.9
Net income (loss) 65.9 43.9
Operating Segments | Europe and Asia Pacific    
Segment Reporting Information    
Revenues 119.4 93.1
Cost of revenues 34.5 29.0
Revenues less cost of revenues 84.9 64.1
Depreciation and amortization 6.7 7.9
Other segment operating expenses 38.5 34.2
Operating income 39.7 22.0
Non-operating income (expenses):    
Interest expense (2.4) (1.8)
Interest income 1.1 1.1
Earnings (loss) on investments, net 0.0 0.0
Other income (expense), net (0.4) (0.2)
Income before income tax provision 38.0 21.1
Income tax provision (benefit) 0.0 0.0
Net income (loss) 38.0 21.1
Operating Segments | Futures    
Segment Reporting Information    
Revenues 38.9 35.3
Cost of revenues 3.1 2.5
Revenues less cost of revenues 35.8 32.8
Depreciation and amortization 0.6 0.6
Other segment operating expenses 11.1 11.6
Operating income 24.1 20.6
Non-operating income (expenses):    
Interest expense 0.0 0.0
Interest income 0.5 0.6
Earnings (loss) on investments, net 0.0 0.0
Other income (expense), net 0.0 0.0
Income before income tax provision 24.6 21.2
Income tax provision (benefit) 0.0 0.0
Net income (loss) 24.6 21.2
Operating Segments | Global FX    
Segment Reporting Information    
Revenues 30.4 21.9
Cost of revenues 1.0 0.6
Revenues less cost of revenues 29.4 21.3
Depreciation and amortization 2.6 2.9
Other segment operating expenses 9.0 8.1
Operating income 17.8 10.3
Non-operating income (expenses):    
Interest expense 0.0 0.0
Interest income 0.0 0.0
Earnings (loss) on investments, net 0.0 0.0
Other income (expense), net 0.0 0.2
Income before income tax provision 17.8 10.5
Income tax provision (benefit) 0.0 (0.1)
Net income (loss) 17.8 10.6
Corporate Items and Eliminations    
Segment Reporting Information    
Revenues 0.0 0.0
Cost of revenues 0.0 0.0
Revenues less cost of revenues 0.0 0.0
Depreciation and amortization 0.0 0.0
Other segment operating expenses 2.1 1.3
Operating income (2.1) (1.3)
Non-operating income (expenses):    
Interest expense (10.9) (11.0)
Interest income 15.3 5.8
Earnings (loss) on investments, net (0.4) (3.6)
Other income (expense), net 6.3 4.6
Income before income tax provision 8.2 (5.5)
Income tax provision (benefit) 128.6 98.7
Net income (loss) $ (120.4) $ (104.2)