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INTEREST INCOME AND INTEREST EXPENSE (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Mar. 31, 2021
Mar. 31, 2020
Interest income:        
Cash and cash equivalents $ 2 $ 16 $ 6 $ 33
Assets segregated pursuant to regulations 5 11 8 22
Available-for-sale securities 21 19 44 37
Brokerage client receivables 19 21 37 48
Bank loans, net of unearned income and deferred expenses 142 198 287 404
All other 11 20 21 38
Total Interest income 200 285 403 582
Interest expense:        
Bank deposits 6 12 12 28
Brokerage client payables 1 3 2 6
Other borrowings 5 5 10 10
Senior notes payable 24 19 48 37
All other 1 4 3 13
Total interest expense 37 43 75 94
Net interest income 163 242 328 488
Bank loan (provision)/benefit for credit losses 32 (109) 18 (107)
Net interest income after bank loan (provision)/benefit for credit losses $ 195 $ 133 $ 346 $ 381