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Financial Instruments - Effects of Offsetting (Details) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Amounts due from exchanges, clearing houses and other counterparties    
Financial liabilities    
Gross
amount $ 1,038.8 $ 1,919.3
Amounts
set-off (660.5) (417.8)
Net
amount
presented 378.3 1,501.5
Non-cash collateral
rec’d/(pledged) 0.0 0.0
Cash
collateral rec’d/(pledged) 0.0 0.0
Net amount 378.3 1,501.5
Repurchase agreements    
Financial liabilities    
Gross
amount 87,089.3 50,663.8
Amounts
set-off (82,940.1) (48,358.0)
Net
amount
presented 4,149.2 2,305.8
Non-cash collateral
rec’d/(pledged) (4,067.9) (2,279.3)
Cash
collateral rec’d/(pledged) 0.0 0.0
Net amount 81.3 26.5
Derivative instruments    
Financial liabilities    
Gross
amount 3,279.6 1,867.0
Amounts
set-off (1,025.8) (1,115.3)
Net
amount
presented 2,253.8 751.7
Non-cash collateral
rec’d/(pledged) 0.0 0.0
Cash
collateral rec’d/(pledged) (291.4) (192.2)
Net amount 1,962.4 559.5
Stock lending    
Financial liabilities    
Gross
amount 5,496.9 4,952.1
Amounts
set-off 0.0 0.0
Net
amount
presented 5,496.9 4,952.1
Non-cash collateral
rec’d/(pledged) (5,350.7) (4,824.2)
Cash
collateral rec’d/(pledged) 0.0 0.0
Net amount 146.2 127.9
Amounts due to Prime Brokers    
Financial liabilities    
Gross
amount 733.6 1,017.1
Amounts
set-off 0.0 0.0
Net
amount
presented 733.6 1,017.1
Non-cash collateral
rec’d/(pledged) (733.6) (1,017.1)
Cash
collateral rec’d/(pledged) 0.0 0.0
Net amount 0.0 0.0
Amounts payable to clients    
Financial liabilities    
Gross
amount 9,021.2 6,236.9
Amounts
set-off (69.5) 0.0
Net
amount
presented 8,951.7 6,236.9
Non-cash collateral
rec’d/(pledged) (1,291.2) (802.9)
Cash
collateral rec’d/(pledged) 0.0 0.0
Net amount 7,660.5 5,434.0
Amounts due from exchanges, clearing houses and other counterparties    
Financial assets    
Gross
amount 4,971.8 3,723.0
Amounts
set-off (660.5) (507.5)
Net
amount
presented 4,311.3 3,215.5
Non-cash collateral
rec’d/(pledged) 0.0 0.0
Cash
collateral rec’d/(pledged) 0.0 0.0
Net amount 4,311.3 3,215.5
Repurchase agreements    
Financial assets    
Gross
amount 86,057.2 50,848.4
Amounts
set-off (82,940.1) (48,358.0)
Net
amount
presented 3,117.1 2,490.4
Non-cash collateral
rec’d/(pledged) 3,053.3 2,490.4
Cash
collateral rec’d/(pledged) 0.0 0.0
Net amount 63.8 0.0
Derivative instruments    
Financial assets    
Gross
amount 3,435.5 2,278.8
Amounts
set-off (1,095.2) (1,115.3)
Net
amount
presented 2,340.3 1,163.5
Non-cash collateral
rec’d/(pledged) 0.0 0.0
Cash
collateral rec’d/(pledged) 277.0 420.1
Net amount 2,063.3 743.4
Treasury instruments (pledged) and assets held under agreements to sell (repledged)    
Financial assets    
Gross
amount 3,496.8 2,912.9
Amounts
set-off 0.0 0.0
Net
amount
presented 3,496.8 2,912.9
Non-cash collateral
rec’d/(pledged) 2,618.9 1,708.3
Cash
collateral rec’d/(pledged) 0.0 0.0
Net amount 877.9 1,204.6
Loans receivable    
Financial assets    
Gross
amount 283.2  
Amounts
set-off 0.0  
Net
amount
presented 283.2  
Non-cash collateral
rec’d/(pledged) 178.3  
Cash
collateral rec’d/(pledged) 0.0  
Net amount 104.9  
Stock borrowing    
Financial assets    
Gross
amount 2,858.2 1,781.7
Amounts
set-off 0.0 0.0
Net
amount
presented 2,858.2 1,781.7
Non-cash collateral
rec’d/(pledged) 2,701.9 1,692.4
Cash
collateral rec’d/(pledged) 28.7 0.0
Net amount 127.6 89.3
Amounts due from Prime Brokers    
Financial assets    
Gross
amount 313.9 101.5
Amounts
set-off 0.0 0.0
Net
amount
presented 313.9 101.5
Non-cash collateral
rec’d/(pledged) 313.9 101.5
Cash
collateral rec’d/(pledged) 0.0 0.0
Net amount 0.0 0.0
Amounts receivable from clients    
Financial assets    
Gross
amount 3,085.7 2,737.1
Amounts
set-off 0.0 0.0
Net
amount
presented 3,085.7 2,737.1
Non-cash collateral
rec’d/(pledged) 2,021.0 1,373.4
Cash
collateral rec’d/(pledged) 0.0 0.0
Net amount $ 1,064.7 $ 1,363.7