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Regulatory Requirements (Details)
9 Months Ended
Sep. 30, 2020
USD ($)
Regulatory Requirements for Broker-Dealers [Line Items]  
Minimum net capital required $ 250,000
Cowen and Company  
Regulatory Requirements for Broker-Dealers [Line Items]  
Net capital requirement under alternative method 3,043,000
Minimum net capital required 1,000,000.0
Required net capital under commodity exchange act 385,600,000
Cash and securities segregated under securities exchange commission regulation 43,900,000
Net capital 388,606,000
Excess capital 385,563,000
Cowen and Company (Asia) Limited [Member]  
Regulatory Requirements for Broker-Dealers [Line Items]  
Financial resources 1,394,000
Financial resources requirement 387,000
Excess financial resources 1,007,000
ATM Execution LLC  
Regulatory Requirements for Broker-Dealers [Line Items]  
Net capital requirement under alternative method 250,000
Net capital 4,015,000
Excess capital 3,765,000
Cowen Prime  
Regulatory Requirements for Broker-Dealers [Line Items]  
Net capital requirement under alternative method 250,000
Net capital 19,432,000
Excess capital 19,182,000
Westminster Research  
Regulatory Requirements for Broker-Dealers [Line Items]  
Net capital requirement under alternative method 250,000
Net capital 5,305,000
Excess capital 5,055,000
RCG Insurance Company  
Regulatory Requirements for Broker-Dealers [Line Items]  
Minimum net capital required 300,000
Net capital 6,100,000
Options Clearing Corporation | Cowen and Company  
Regulatory Requirements for Broker-Dealers [Line Items]  
Minimum net capital required $ 2,000,000.0
Minimum net capital required, percent 2.00%
U.K. Financial Services Authority | Cowen International Limited  
Regulatory Requirements for Broker-Dealers [Line Items]  
Financial resources $ 22,892,000
Financial resources requirement 17,882,000
Excess financial resources 5,010,000
U.K. Financial Services Authority | Cowen Execution Services Ltd  
Regulatory Requirements for Broker-Dealers [Line Items]  
Financial resources 11,501,000
Financial resources requirement 4,333,000
Excess financial resources 7,168,000
Minimum | Cowen and Company  
Regulatory Requirements for Broker-Dealers [Line Items]  
Cash and securities segregated under securities exchange commission regulation 20,500,000
Minimum | Cowen Prime  
Regulatory Requirements for Broker-Dealers [Line Items]  
Required net capital under commodity exchange act 45,000
Special Reserve Accounts | Cowen and Company  
Regulatory Requirements for Broker-Dealers [Line Items]  
Cash and securities segregated under securities exchange commission regulation 35,200,000
Special Reserve Accounts | Minimum | Cowen and Company  
Regulatory Requirements for Broker-Dealers [Line Items]  
Cash and securities segregated under securities exchange commission regulation $ 16,600,000