v3.26.3
Revenue Recognition (Tables)
9 Months Ended
Sep. 30, 2026
Revenue Recognition [Abstract]  
Schedule of Disaggregation of Revenue
The following table represents a disaggregation of revenue from contracts with customers by product line for the quarters and nine months ended September 30, 2026 and 2025:
Quarter Ended
September 30,
Nine Months Ended
September 30,
(in millions)2026202520262025
Interest rates$473.6 $417.2 $1,427.8 $1,315.0 
Equity indexes298.7 261.9 938.3 867.7 
Foreign exchange53.9 44.9 160.5 150.7 
Energy195.6 178.3 646.3 612.1 
Agricultural commodities178.3 155.9 529.6 495.0 
Metals79.3 79.4 274.4 235.4 
BrokerTec fixed income41.1 39.3 121.4 112.2 
EBS foreign exchange32.9 30.5 103.1 103.2 
Interest rate swap and other24.7 20.5 71.8 61.9 
Total clearing and transaction fees1,378.1 1,227.9 4,273.2 3,953.2 
Market data and information services243.1 202.5 705.3 595.1 
Other 116.1 107.2 345.1 323.6 
Total revenues$1,737.3 $1,537.6 $5,323.6 $4,871.9 
Timing of Revenue Recognition
Services transferred at a point in time$1,350.5 $1,201.1 $4,190.9 $3,871.9 
Services transferred over time380.7 331.3 1,115.3 984.2 
One-time charges and miscellaneous revenues6.1 5.2 17.4 15.8 
Total revenues$1,737.3 $1,537.6 $5,323.6 $4,871.9