REVENUES (Tables)

3 Months Ended

Mar. 31, 2023

Revenue from Contract with Customer [Abstract]

Schedule of Revenue Disaggregated by Revenue Source

The following table presents our revenue disaggregated by revenue source:

	Three Months Ended March 31,
(in millions)	2022		2023
Transaction-based revenues:
Options	$	127	$	133
Cryptocurrencies	54		38
Equities	36		27
Other	1		9
Total transaction-based revenues	218		207
Net interest revenues:
Interest on corporate cash and investments	1		68
Margin interest	35		53
Interest on segregated cash and cash equivalents and deposits	1		45
Securities lending, net	24		26
Cash sweep	—		22
Interest expenses related to credit facilities	(6)		(6)
Total net interest revenues	55		208
Other revenues	26		26
Total net revenues	$	299	$	441

Schedule of Contract Receivables and Liabilities Balances

The table below sets forth contract receivables and liabilities for the period indicated:

(in millions)	Contract Receivables		Contract Liabilities
Beginning of period, January 1, 2023	$	60	$	3
End of period, March 31, 2023	85		3
Changes during the period	$	25	$	—