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Financial Instruments and Other Inventory Positions Owned and Financial Instruments and Other Inventory Positions Sold, but Not Yet Purchased - Unrealized Gains/(Losses) on Derivative Instruments (Details) - Not Designated as Hedging Instrument - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Derivative Instruments, Gain (Loss) [Line Items]        
Unrealized Gain (Loss) on Derivatives Instruments $ (3,477) $ (6,629) $ (18,252) $ (5,639)
Interest rate derivative contract | Investment banking        
Derivative Instruments, Gain (Loss) [Line Items]        
Unrealized Gain (Loss) on Derivatives Instruments (483) (880) (775) (2,052)
Interest rate derivative contract | Institutional brokerage        
Derivative Instruments, Gain (Loss) [Line Items]        
Unrealized Gain (Loss) on Derivatives Instruments (2,917) (9,363) (17,655) (7,619)
Credit default swap index contract | Institutional brokerage        
Derivative Instruments, Gain (Loss) [Line Items]        
Unrealized Gain (Loss) on Derivatives Instruments (77) 3,495 178 3,884
Futures and equity option derivative contracts | Institutional brokerage        
Derivative Instruments, Gain (Loss) [Line Items]        
Unrealized Gain (Loss) on Derivatives Instruments $ 0 $ 119 $ 0 $ 148