Revenue Breakdown
| Quarter | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Liquidity Payments Revenue | 365.7M | 317.6M | 307M | 338.8M | 352.9M | 323.7M | 337.4M | 371.8M | 381.4M | 392.3M | 429M | 467.5M | 395.7M | 375.3M | 377.9M | 501.8M | 386.7M | 359.4M | 415.6M | 392.4M | 215.5M | 269.7M | 235.8M | 243.7M | 309.8M | 229.2M | 271.1M | 302.9M |
| Liquidity Payments Revenue Growth | +15.14% | +3.45% | -9.39% | -4.00% | +9.02% | -4.06% | -9.25% | -2.52% | -2.78% | -8.55% | -8.24% | +18.15% | +5.44% | -0.69% | -24.69% | +29.76% | +7.60% | -13.52% | +5.91% | +82.09% | -20.10% | +14.38% | -3.24% | -21.34% | +35.17% | -15.46% | -10.50% | n/a |
| Routing And Clearing Revenue | 18.3M | 17.4M | 16.6M | 16M | 16.5M | 17.8M | 20.8M | 24M | 19.8M | 20.2M | 20.9M | 22.3M | 21.8M | 19M | 19.9M | 27.1M | 21.8M | 14.9M | 17.7M | 16M | 8.1M | 9.3M | 9.2M | 9.2M | 10.3M | 8.7M | 9.8M | 10.3M |
| Routing And Clearing Revenue Growth | +5.17% | +4.82% | +3.75% | -3.03% | -7.30% | -14.42% | -13.33% | +21.21% | -1.98% | -3.35% | -6.28% | +2.29% | +14.74% | -4.52% | -26.57% | +24.31% | +46.31% | -15.82% | +10.62% | +97.53% | -12.90% | +1.09% | 0.00% | -10.68% | +18.39% | -11.22% | -4.85% | n/a |
| Section31 Fees Revenue | 142.1M | 129.5M | 77.7M | 42.1M | 40.2M | 36.1M | 34.5M | 74.9M | 109.1M | 105.4M | 79.6M | 35.7M | 31M | 27.9M | 28.8M | 91.9M | 113.2M | 105.4M | 119M | 127.4M | 73.5M | 79.4M | 70.3M | 48.2M | 65.7M | 46.8M | 81.1M | 108.8M |
| Section31 Fees Revenue Growth | +9.73% | +66.67% | +84.56% | +4.73% | +11.36% | +4.64% | -53.94% | -31.35% | +3.51% | +32.41% | +122.97% | +15.16% | +11.11% | -3.12% | -68.66% | -18.82% | +7.40% | -11.43% | -6.59% | +73.33% | -7.43% | +12.94% | +45.85% | -26.64% | +40.38% | -42.29% | -25.46% | n/a |
| Cash and spot markets Revenue | 902.7M | n/a | 386.4M | 380.9M | 361.7M | 335.1M | 341.3M | 407M | 423M | 434.2M | 458.5M | 461.9M | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Cash and spot markets Revenue Growth | n/a | n/a | +1.44% | +5.31% | +7.94% | -1.82% | -16.14% | -3.78% | -2.58% | -5.30% | -0.74% | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Derivatives markets Revenue | 966.3M | n/a | 445.5M | 436.1M | 469.5M | 436.7M | 431.2M | 451.8M | 453.6M | 433.2M | 403.4M | 393.7M | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Derivatives markets Revenue Growth | n/a | n/a | +2.16% | -7.11% | +7.51% | +1.28% | -4.56% | -0.40% | +4.71% | +7.39% | +2.46% | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
Revenue by Geography
| Quarter | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
|---|---|---|---|---|
| Europe And Asia Pacific Revenue | 324.2M | 145.6M | 161.9M | 145.3M |
| Europe And Asia Pacific Revenue Growth | +122.66% | -10.07% | +11.42% | n/a |
| North American Equities Revenue | 1.55B | 946.3M | 1.16B | 1.17B |
| North American Equities Revenue Growth | +63.46% | -18.09% | -1.52% | n/a |