XML 77 R47.htm IDEA: XBRL DOCUMENT v3.21.2
REVENUE (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2021
Dec. 31, 2020
Revenue from Contract with Customer [Abstract]    
REVENUE DISAGGREGATED BY REVENUE SOURCE
The following table presents our revenue disaggregated by revenue source:
Three Months Ended
June 30,
Six Months Ended
June 30,
(in thousands)2020202120202021
Transaction-based revenues:
Options$111,148$164,604$170,908$362,464
Cryptocurrencies5,320233,1039,558320,690
Equities70,60652,012102,195185,313
Other3391,4483833,139
Total transaction-based revenues187,413451,167283,044871,606
Net interest revenues:
Securities lending28,63339,44835,13875,074
Margin interest10,95831,23018,78758,961
Interest on segregated cash and securities1,43693110,6322,041
Other interest revenue5261,3682,5162,197
Interest expenses related to credit facilities(1,555)(5,268)(3,059)(8,067)
Total net interest revenues39,99867,70964,014130,206
Other revenues16,80046,45724,70385,695
Total net revenues$244,211$565,333$371,761$1,087,507
The following table presents our revenue disaggregated by revenue source:
Year Ended December 31,
(in thousands)20192020
Transaction-based revenues:
Options$110,656$440,070
Equities50,688251,200
Cryptocurrencies9,48726,708
Other2,155
Total transaction-based revenues170,831720,133
Net interest revenues:
Securities lending6,38098,165
Margin interest19,10466,781
Interest on segregated cash and securities36,28113,401
Other interest revenue9,8653,972
Interest expenses related to credit facilities(991)(4,882)
Total net interest revenues70,639177,437
Other revenues36,06361,263
Total net revenues$277,533$958,833
RECEIVABLES AND CONTRACT BALANCES
The table below sets forth contract receivables balances for the period indicated:
(in thousands)Receivables
Beginning of period, January 1, 2021$111,871 
End of period, June 30, 2021147,168 
Increase in receivables during the period$35,297 
The table below sets forth contract liabilities balances for the period indicated:
(in thousands)Contract Liabilities
Beginning of period, January 1, 2021$2,060 
End of period, June 30, 20213,605 
Increase in contract liabilities during the period$1,545 
The table below sets forth receivables balances for the periods indicated:
December 31,
(in thousands)20192020
Receivables, beginning of the period$9,056 $20,577 
Receivables, end of the period20,577 111,871 
Increase in receivables during the period$11,521 $91,294 
The table below sets forth contract liabilities balances for the periods indicated:
December 31,
(in thousands)20192020
Contract liabilities, beginning of the period$1,727 $954 
Contract liabilities, end of the period954 2,060 
Increase/(decrease) in contract liabilities during the period$(773)$1,106