Counterparty Risk (Tables)

9 Months Ended

Sep. 30, 2017

% Of Total Deposits With Dealers Held As Collateral

The following table details the percentage of collateral amounts held by dealers who hold greater than 15% of the Company's Due from Brokers, included as of September 30, 2017:



Dealer		% of Total Due from Brokers
J. P. Morgan Securities LLC		23%
Morgan Stanley		20%
BNP Paribas Securities Corp.		19%

% Of Total Receivable For Securities Sold

The following table details the percentage of amounts held by dealers who hold greater than 15% of the Company's Receivable for securities sold as of September 30, 2017:



Dealer		% of Total Receivable for Securities Sold
Bank of America Securities		29%
Morgan Stanley		23%

Schedule of Cash and Cash Equivalents [Table Text Block]

In addition, the Company held cash and cash equivalents of $111.4 million and $123.3 million as of September 30, 2017 and December 31, 2016, respectively. The below table details the concentration of cash and cash equivalents held by each counterparty:



	As of
Counterparty	September 30, 2017	December 31, 2016
Bank of New York Mellon Corporation	45%	27%
Goldman Sachs Financial Square Funds—Government Fund	36%	16%
BlackRock Liquidity Funds FedFund Portfolio	18%	41%
US Bank N.A.	1%	—%
Morgan Stanley Institutional Liquidity Fund—Government Portfolio	—%	16%