Collateralized Transactions |
6 Months Ended | |||
|---|---|---|---|---|
Jun. 30, 2016 | ||||
| Brokers and Dealers [Abstract] | ||||
| Collateralized Transactions |
Securities loaned As of June 30, 2016, the Company had no Securities loaned transactions. As of December 31, 2015, the Company had Securities loaned transactions of $117.9 million with CF&Co. The market value of the securities lent was $116.3 million. As of December 31, 2015, the cash collateral received from CF&Co bore interest rates ranging from 0.80% to 1.00%. Securities loaned transactions are included in “Securities loaned” in the Company’s unaudited condensed consolidated statements of financial condition. |