v3.25.2
Revenue From Contracts With Customers (Tables)
6 Months Ended
Jun. 30, 2025
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue

Three Months Ended June 30,

Six Months Ended June 30,

2025

2024

2025

2024

(in millions)

Geographic location 1

United States

$

351

$

296

$

713

$

568

International

227

178

457

344

$

578

$

474

$

1,170

$

912

Major types of services

Commissions

$

516

$

406

$

1,030

$

785

Market data fees 2

20

18

39

35

Risk exposure fees 2

17

24

45

43

Payments for order flow 2

9

10

22

20

FDIC sweep fees 2

9

7

17

13

Other 2

7

9

17

16

$

578

$

474

$

1,170

$

912

_____________________________

1.Based on the location of the subsidiaries in which the revenues are recorded.

2.Included in “Other fees and services” in the condensed consolidated statements of comprehensive income.